Homeowners’ insurance protects your house and personal property against loss or damage, such as severe weather, fire, and certain types of water damage. Damaged plumbing is covered by the homeowner’s insurance policy if the damage and break were unexpected. That means if you come home to a pipe that recently burst, your insurance company may […]
Tag Archives: insuring your home
30
Dec
Dec
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 […]