Owning a home can be complicated. You have to maintain it, repair it, pay for it, insure it and maybe even renovate it. It can also get expensive. According to data compiled by Clever, the average homeowner spends $3,000 a…
Homeowners often wonder why their home's replacement cost differs from its market value and how those two numbers should affect homeowners insurance decisions. Your home’s replacement cost reflects what it would cost to rebuild your home from the ground up.…
According to a poll reported in the New York Post, most policyholders (79%) have read through their homeowners insurance policy at least once, while 30% say they frequently read their policy. However, nearly two-thirds (65%) of the 2,000 homeowners…
When the COVID-19 pandemic upended people’s lives and routines, it caused many to reassess their living and work situations. Vacation homes became primary residences. Long-deferred home improvement projects moved to the front burner. And many remote workers found that they…
When life throws you a curveball that damages your home or property, it’s natural to want to file a homeowners insurance claim so that you can recover the cost and return to a normal routine as soon as possible. After…
According to a recent article in The Wall Street Journal, homeowners who experience catastrophic loss in floods and fires often face yet another disaster: inadequate insurance coverage. Many residents affected by major hurricanes and wildfires could not fully repair their homes with…
When was the last time you created a home inventory? Having this itemized list of possessions can help you recover from a potential insurance claim faster. First, sharing the home inventory with your insurance broker will help ensure you have…