Category Archives: Homeowner’s Insurance

How Much Does Home Insurance Cost on Average?

The average home insurance policy is $1,477 a year

The average home insurance policy is $1,477 a year but is subject to change based on the value of your home, your location, and the amount of coverage you purchase. Let’s take a closer look at each of these factors to give you an idea of how much your home insurance will cost. The Value […]

Top 3 Tips For Buying Homeowners Insurance

Homeownership is a huge commitment with a lot of liability. In other words, you want to make sure your investment (and day-to-day life) is covered in case something bad happens. If your home needs any sort of repair or you are robbed, homeowner’s insurance will cover it. Without it, these costs will likely be unmanageable […]

Is Building Insurance The Same As Home Insurance?

Building and home insurance are similar, with a few exceptions. Generally, companies say that building insurance covers “structure and fixtures.” Home insurance, on the other hand, can cover either or both “structure and contents.” A lot goes into both of these types of insurance, and even more things to consider when purchasing a policy. What […]

Does Homeowner’s Insurance Pay For A Roof Replacement?

Yes, your homeowner’s insurance can pay for a roof replacement, assuming it meets a few qualifications. If your roof… Is less than 20 years old Damaged by a Natural or Accidental Incident Has Received Necessary Maintenance … your homeowner’s insurance will cover most, if not all, of its replacement costs. But there is more to […]

How Are The Premiums For Homeowners Insurance Calculated?

When it comes to home insurance, paying for it is fairly straightforward. As long as you pay your premium, you will be covered. A premium is a monthly payment you must make in order to keep your insurance policy in force. But how is this rate determined? Premiums are different for everyone, depending on a […]

Does Homeowners Insurance Cover My Boat?

Homeowners insurance doesn’t have all of the coverage you need to truly insure your boat, unless you’re talking about kayaks and small recreational crafts. Homeowners insurance cannot offer any boat coverage while it’s on the water. However, canceling your boat insurance during the winter can be tempting. Some people may think that homeowners insurance will […]

Can I Insure My House For More Than It’s Worth?

you can insure your house for more than it's worth

In a word, yes, you can insure your house for more than it’s worth. However, there are a few concepts to be aware of before deciding to insure your house for more than its value. Market Value vs. Replacement Cost Value Sometimes, people get their homes appraised by insurance agents and find the number is […]

Can I Lower My Homeowner’s Insurance Cost?

take these steps to lower the cost of homeowners insurance

Homeowner’s insurance is essential in protecting you and your home in the event of damage. On average, homeowner’s insurance cost $2305 in 2020 based on a $300,000 in dwelling coverage and a $1,000 deductible. There are certain steps you can take to decrease the cost of your homeowner’s insurance.  1. Bundle and take advantage of […]

Top 3 Reasons Why You Need Homeowner’s Insurance

here are the top 3 reasons why you need homeowners insurance

Homeowner’s insurance is one of the only ways to financially protect yourself and your home from natural disasters, theft, fire, and any other circumstances that might damage your home. There are many different reasons why you need homeowner’s insurance. Below are our top 3 reasons why you should have homeowner’s insurance.  1. Homeowner’s insurance protects […]

Does Homeowner’s Insurance Cover Theft?

Does Homeowner’s Insurance Cover Theft?

Yes, as long as theft is covered under your policy. Theft is a standard event covered under property insurance. Homeowners insurance is a type of property insurance, which aims to protect your assets from damage and liability. It covers replacement or repair costs for loss from theft or damage from covered events, as well as […]