Homeowners Insurance and Property Protection Insights
The following articles provide practical information for homeowners seeking to understand insurance, protect their property, and make informed decisions about coverage and risk. You’ll find guidance on common claims, coverage options, maintenance considerations, and tips to help safeguard your home and your investment.
Aging in Place? Insurance and Safety Tips for Empty Nesters and Retirees
While some choose to downsize or move into a retirement community, many older Americans would rather stay in the familiar setting of their own home. With proper planning, many seniors…
What Is Loss of Use Coverage and What Does It Cover?
Many homeowners’ insurance policies include Loss of Use coverage, also known as Additional Living Expenses (ALE) coverage. If damage from a covered event requires you to move out of your…
A Homeowner’s Checklist for Home Improvement Projects
For many homeowners, warmer weather means home improvement projects around the house and yard. Whether large or small, follow these steps before starting a project or hiring a contractor to…
Top 5 Homeowners Insurance Claims (and Tips for Avoiding Them)
Homeowners’ insurance offers a financial safety net against many of life’s curveballs. However, each claim you file comes with a risk. Your insurance company can raise your rates, or, if…
Homeowners Insurance Quotes: Why Do Insurance Companies Ask So Many Questions?
If you think that shopping for homeowners insurance quotes often feels like an interview . . . you're not wrong. Insurance agents and brokers aren’t being nosy. They know what an…
These 6 Common Homeowners Insurance Myths Could Cost You Money
Homeowners insurance can be complicated. Maybe that’s why two-thirds of U.S. homes are underinsured, according to industry statistics. The complexity of property and casualty insurance probably explains why some misconceptions…
Natural Disasters Anywhere Can Affect Insurance Premiums Everywhere
When a fire, earthquake, hurricane or tornado happens elsewhere in the country, our hearts go out to the people who’ve suffered. We’re also thankful that the disaster happened somewhere else…
How Water Sensors and Leak Detection Technology Affect Homeowners Insurance
Water damage, combined with freezing, represents the second most common cause of home insurance claims, following wind or hail damage. According to the Insurance Information Institute, the average loss of…
Ask These 4 Questions Before Filing a Homeowners Insurance Claim
If your home undergoes major damage from an insured peril, filing a claim against your homeowners insurance policy is a no-brainer. But what if the potential loss is smaller? Is…
5 Steps to Create a Home Inventory for Insurance Protection
Do you have an up-to-date home inventory? If not, you’re not alone: According to a 2023 Insurance Information Institute (III)/Munich Re Consumer Survey, only 47% of homeowners reported having such…