As a homeowner, know that your policy may not cover the current cost of your home or items if they have appreciated quickly. Homeowners need to make sure they are protected fully
Renting Out Your Home? Get Landlord Insurance
If you’re renting out your home, it might not be covered by home owners insurance, so look into landlord insurance instead. Maybe you’re moving up to a bigger home and holding on to your former residence as a rental property. Or maybe you’ve tried to sell your home without success. Whatever the reason, if you’re thinking about renting out your …
What Does Homeowners Insurance Cover?
You’d be surprised at what your home insurance policy doesn’t cover. Here’s what is and isn’t covered by your insurance. What does your homeowners insurance cover? The short answer is: “A basic homeowners insurance policy (called HO-1 in insurance lingo) covers your home and possessions if they’re damaged or destroyed by these things: Fire Lightning Windstorm (unless you live in a hurricane …
