Category: Home Insurance

Do I Really Need Hurricane or Windstorm Insurance?

If you live in a hurricane-prone area, there’s no way you can go without having hurricane and wind insurance. Although it seems like a no-brainer, this is a necessity. What exactly is wind and hurricane insurance? This type of insurance covers damages caused by hurricanes or heavy winds. It’s important to note that these policies do not cover floods, so an additional flood insurance policy...

Private or National Flood Insurance Program? What’s the difference?

Most people don’t realize there are two kinds of flood insurance. While most people know and understand the National Flood Insurance Program (NFIP) which is managed by FEMA, the availability of private flood insurance is growing. What does private flood insurance cover? Private flood insurance not only covers your home and its contents, it also offers loss-of-use coverage, which pays for relocation expenses. Although this...

Homeowner's Insurance - What should you be asking about your coverage?

What to look for in a homeowner’s insurance policy If you’re a homeowner (especially one with a mortgage), one of the first things you need to look into is homeowner’s insurance. While it’s supposed to protect you and your home from unexpected events and damage, have you really read the fine print? If you’re new to the world of homeownership, this insurance policy could easily...

Personal Articles Policy - What is it and why do I need it?

Do you need a personal articles policy?   If you have certain valuables like watches, jewelry or collectibles, you may want to get a personal articles policy in addition to your homeowners’ coverage. You may also hear it called Personal Articles Floater (PAF), which is the same thing. It’s no secret standard homeowners’ policies have limitations and maximums on the amount of items to be replaced....

Homeowner's Insurance - What is it and what does it cover?

What’s the deal with homeowners insurance? When purchasing a home, the term homeowners’ insurance comes up quite a bit. Although it’s an assumption that it’s a requirement, many new buyers don’t understand what homeowners insurance covers and why they truly need it. Let’s start with the basics: What is homeowners’ insurance? This is a series of coverages that assist in repairing or replacing your home,...