This article was written by Mila Araujo and last updated on September 28, 2022. Thomas J. Catalano reviewed it and Lars Peterson verified its accuracy. Common Questions About Water Damage: What Is Gradual Water Damage? Frequently Asked Questions (FAQs) If you are concerned about claims and damage caused by tornadoes and spring storm conditions like […]
A number of distinct insurance policies are combined to form hurricane insurance. There is no such thing as “hurricane insurance” that can be purchased on its own. Instead, you can combine homeowners insurance, flood insurance, and various endorsements like sewer-backup or windstorm coverage to get hurricane damage coverage (in some states). What Does Tropical storm […]
When something causes damage to your home gradually over time, this is known as “gradual damage.” Let’s say, for example, that you don’t fix the leaking faucet handles on your sink. Your house may one day be damaged by that water leak. It’s possible that your insurance claim will be denied if you try to […]
Imagine that you insure your $200,000 home for $500 per year. You have been making payments for ten years without making any claims. That amounts to $500 divided by ten years. This implies you’ve paid $5,000 for home protection. You begin to question why you are paying so much for absolutely nothing. In the eleventh […]
There are a few common concerns regarding the coverage provided by homeowner’s, condo, or renter’s insurance. For example: Is a leak of water covered? Is a toilet that leaks covered? Is damage caused by water from a leaky roof covered? The type of policy you have, the nature of the damage, and whether the water […]
Water damage claims are the second most common type of insurance claim, after wind and hail damage, according to the Insurance Services Office (ISO). One in fifty homeowners are affected by water damage claims each year, so it’s not surprising that there are a lot of questions about them. What, for instance, is covered by […]
It protects your home’s structure in the event of fire or natural disaster. Additionally, it safeguards the contents of your home. Your deductible would still be covered by your property insurance if a fire broke out in your kitchen. Coverage is different for different kinds of property insurance. For instance, if a fire broke out […]
Frequently Asked Questions Companies that use digital technology for business operations, product and service sales, and customer interactions sell digital insurance online. Digital insurance can be offered for a variety of products, including health, life, home, auto, renters, and pet insurance. You can shop around for providers, get quotes, and compare digital insurance providers from […]
Reviewed by Michael J Boyle Fact checked by Madeline Simpson We recommend the best products through an independent review process, and advertisers do not influence our selections. Best Digital Insurance Companies The Balance INSURANCE OTHER INSURANCE TOPICS INSURANCE COMPANY REVIEWS Best Digital Insurance Companies Lemonade is our top pick for the best digital insurance company. […]
What Is Personal Insurance?—What Is It? What Is Personal Insurance?—What Is It? What is the Insurance System? Requirements from the Bank Getting a Good Insurance Rate When Should You Purchase Insurance? personal insurance basics include: residential, automobile, boat, health, and liability THE Equilibrium/LAURA Watchman Figuring out how protection functions requires some work, yet it’s fundamental […]
