Condo Insurance (also known as an HO-6 insurance policy) is a policy purchased by the condo owner. This type of insurance covers the policyholder’s personal belongings and the interior of the condo from a loss, including one that might make the condo uninhabitable. Many condominium communities require property owners [...]
Insurance is something people buy and hope they don’t need. It is intended to help the policyholder recover from the financial burden following an accident or loss. After an accident, a policyholder makes a formal request to the insurance company for compensation. This request is called a claim. Understanding [...]
Florida homeowners are facing higher rates for home insurance because of rising costs for insurance companies due to hurricane losses. The state has experienced lagging insurance rates over the last decade. However, insurance companies are taking action to recoup past losses and remain operational. As a result, many homeowners [...]
When comparing auto insurance costs, most drivers seek a combination of low premiums with appropriate coverage and excellent customer service. After all, when filing a claim, policyholders don’t want to be left in limbo. We all want insurance rates to go down or stay the same. It can be [...]
When planning a move, it is an excellent time to review your homeowners or renters insurance policy to see if it provides coverage to your property. For many homeowners and renters, additional insurance coverage is needed while moving to a new home. Standard homeowners and renter’s insurance provides financial [...]
What is Life Insurance? Life insurance ensures financial stability for loved ones after your death by paying out a death benefit. It helps to replace your income to prevent loved ones from having financial concerns or falling into debt, giving them a sense of inner peace while ensuring their [...]
Determining the amount of homeowners insurance you need is very important, and a common problem resulting in homes being underinsured. To avoid the financial hardship of underinsurance in the case of a disaster, determine the cost to replace your home with all its contents. Then, purchase a homeowners policy that [...]
Car insurance is required if you want to own and drive a vehicle anywhere in the U.S. However, you have a lot of flexibility to purchase a plan with the coverage you want and need. And of course, the budget tends to be a major priority when it comes [...]
What Is Business Flood Insurance? Whether you are a tenant or a building owner, business flood insurance covers damage caused by a flood. If you are a building owner, flood insurance typically covers the building and contents. If you are a tenant, flood insurance is limited to the contents. [...]
Renting a vehicle is a convenient solution for many people around the world. However, details such as rental car insurance are often overlooked until the moment they are needed. In many cases, rental cars are already insured through either the provider, the renter’s personal car insurance policy, a credit [...]
