If this is your first time purchasing homeowner's insurance, it can be easy to misunderstand what your policy covers and what it does not cover. Here are three questions that you need to ask to ensure that you understand exactly what you homeowner's insurance covers.
1. What Type Of Risks Could Your Home Be Exposed To?
The first questions you need to ask yourself when looking at your homeowner's policy is what types of risks could your home be exposed to?
When a teenager begins driving, many parents often have a number of concerns when it comes to car insurance. Unfortunately, the terms and polices for adding a teenage driver to an insurance policy vary widely between different states and insurance companies. Here are just some of the more common concerns.
When your child gets a learner's permit, you may not be required to immediately add them to your auto insurance policy.
As you're hustling to make your retail business ready for a blockbuster sale like Black Friday, the last thing on your mind is probably your store's casualty insurance coverage. But you really must pay attention to your insurance policy when you're expecting a crowd.
Crowds can turn ugly.
If the wrong situation sets off that horde of people waiting outside your store for the doors to open, a riot may ensue; people may get pushed into your building and injured; or worse, casualties could happen to your staff or customers.
Getting a notice of cancellation or nonrenewal on an automotive insurance policy can be startling and leave the policyholder wondering what to do next. If an insurance carrier cancels or doesn't renew a policy because of your behavior, this can lead to higher premiums with the company you switch to. Learn the reasons that auto insurance companies cancel or decline to renew policies so you can prevent this from happening to you.
Insurance is a way of life. You need it to protect your vehicle and your home. Without it, you could find yourself out thousands of dollars in repairs, if not in legal trouble for driving without insurance in place. While some people are under the impression that their insurance policy is going to cover anything that might go wrong with their home, that isn't exactly the case. To help you gain a better understanding of what might not be covered by your policy, check out some of the items below.