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When Is It Worth Recording a Home Protection Guarantee?

In this article, Samantha Silberstein reviews Lorraine Roberte’s How Insurance Claims Work and When They’re Worth It.

This article was updated on January 19, 2022.

How does a claim for homeowner’s insurance work?
Why Claims Aren’t Always Worth It Damages and losses covered by homeowners insurance are more common than you might think.

Imagine that you ran into the grocery store and left your phone in your car, but when you get back to your car, the window has broken and your $1,000 phone is gone.

Or maybe you lost power for days because of a storm;

Now that everything in your fridge and freezer is trash, replacing it will cost a lot of money at the grocery store.

In these scenarios, you can file a home insurance claim. But is it worth it? We’ll clear up what for consider while pursuing this choice, and when making a claim is ideal.

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