Homeowner’s and renter’s insurance provide essential protection against a variety of risks, from property damage to liability claims. However, it’s crucial to grasp the concept of sublimits within these policies, as they can significantly affect coverage for specific items. What…
In 2022, the American Pet Products Association estimated that there were approximately 88 million pet dogs in homes across the United States. Sadly, each year sees about 4.5 million reported dog bites, with 800,000 of those requiring medical attention, and…
When your home is damaged, you face not only the loss of property but also the challenge of covering your living expenses while waiting for repairs. Luckily, a standard homeowner’s policy includes coverage for “loss of use,” reimbursing you for…
Title: The Dangers of Self-Insuring Your Home in California As more Californians struggle to find affordable homeowner’s insurance, some are considering self-insurance as an alternative. While this may seem like a viable option, it comes with significant financial risks and…
Homeowner’s Endorsements: Crucial Coverages You Might Not Realize You Need When you own a home, it’s important to be aware of potential risks that your standard homeowner’s insurance policy might not cover. Luckily, there are additional coverage options called endorsements…
Preventing the Four Most Common Water Damage Claims Many homeowners who end up filing claims for fire or water damage often wish they had been more diligent with repairs and maintenance. The truth is, the majority of these claims could…
Theft or loss of a laptop, cellphone, or tablet can have serious consequences unless proactive measures are taken to minimize potential harm. Apart from the financial loss, having sensitive information on the device increases the risk of identity theft. Here…
California’s insurance commissioner, Ricardo Lara, has unveiled an extensive plan to tackle the challenges facing the state’s homeowner insurance market. With an increasing number of homeowners struggling to secure coverage and turning to the beleaguered FAIR Plan, Lara’s proposal aims…
Many homeowners who are renovating their homes, or building a new one, make the expensive mistake of not securing additional coverage during the construction phase. A fire may destroy your materials and equipment, or thieves clean you out in the…
The majority of homeowner’s insurance policies have what’s known as “replacement coverage,” which will cover the costs of repairs or reconstruction to rebuild your home to its original state after a covered event. But thanks to rising costs of construction,…