BUSINESS

What is an insurance dwelling?

In the context of homeowners insurance, a dwelling is the structure of your house as well as any attached structures, like a deck, chimney, or garage. Heating and cooling , electrical wiring, flooring, countertops, ceilings, cabinets, vanities, and plumbing are all permanent fixtures in a house. Staying protection covers all pieces of the residence on […]

BUSINESS

What are the limits of coverage for theft?

Personal property coverage will typically be limited to 50% of your dwelling coverage on your policy. However, insurers limit the amount they will pay for certain items. There is not a single amount of coverage for all of your personal property included in your homeowners policy. Instead, it limits what can be taken or damaged. […]

BUSINESS

Is Tornado Damage Covered by Home Insurance?

The majority of standard home insurance policies cover damages caused by “covered perils” to your dwelling, other structures, and personal property. A different term for what causes the damage, such as wind, is a covered peril. Your personal liability (in the event that someone gets hurt on your property) and loss of use of your […]

BUSINESS

The Definition and Examples of the HO-3 Homeowners Insurance Policy The most prevalent type of homeowners insurance.

HO-3 covers all risks except those named in the policy. The premiums for various types of homeowners insurance, such as the HO-1, HO-2, and HO-3 policies, vary depending on the level of coverage they provide. There are six distinct coverage sections in an HO-3 homeowners insurance policy: 1 Dwelling: protects your home and any other […]

BUSINESS

How We Picked the Best Homeowners Insurance Companies To pick the best homeowners insurance companies.

We looked at the 25 largest insurers in the United States by premium volume and the top insurers for customer satisfaction and home property claims performance, as rated by customers in J.D. Power’s national studies. After that, we verified AM Best Financial Strength Ratings and looked at complaint trends with the help of the National […]

BUSINESS

Best Auto Insurance Companies for High-Risk Drivers The General comes out on top of our list of the best auto insurance companies for high-risk drivers.

This article was written by Mila Araujo and last updated on January 22, 2023. Tisha Collins verified the information. Advertisers do not have any influence over our recommendations. If you visit one of our recommended partners, we may be compensated. For more details, see our advertiser disclosure. A type of auto insurance called “high-risk” covers […]