MarketWatch published an article earlier this week about the various exceptions in a homeowner insurance policy that I believe is worth taking a look at. The crux of the article is that you must understand your homeowner’s insurance policy before an unfortunate event and that you need to be aware that it’s not all-encompassing.
For [...]
If you’ve been reading some of my recent posts you’ll recognize a common plight of homeowners (and renters) after a disaster, your insurance policy doesn’t cover everything. In fact, after I posted my own homeowner’s policy someone mentioned that perhaps I had a shortfall (I didn’t, a line item increased my coverage by 50% so [...]
Typical home insurance policies don’t cover your home and its possessions from earthquakes and floods, for that you will need to get special riders to help protect yourself from damage as a result of flooding or earthquakes. Now, some places aren’t subjected to many (or any) earthquakes but the coverage is relatively inexpensive - as [...]