Wednesday, March 26, 2008
Despite what you may have heard about endorsements or riders regarding jewelry, your jewelry is partially covered by your base homeowner’s policy. If you lose, damage, or otherwise destroy your jewelry, you can still make a claim with you homeowners insurance provider. Usually the upper limit is capped at your coverage limit of either $1,000 [...]
In my post about Adjusting Insurance Based on Home Price, I was called out by an anonymous commenter, who said I shouldn’t talk about things I didn’t know (which is probably good advice, but I’ve never called myself an expert), because I said you should reduce your insurance coverage because your home may be worth [...]
Wednesday, March 19, 2008
Lately, life has been tough on homeowners as they watch their home values slip, fall, or tank and as a homeowner myself, I can say first hand that it’s a little disconcerting. Well, there is one home insurance related positive note that you can take advantage of and that’s the fact that you can reduce [...]
Did you know that if your house is flooded and your car, sitting happily in the garage, is damaged by the water, then you should be covered by your car’s comprehensive auto insurance policy? It doesn’t matter that the car was garaged in the house, if it is damaged then it usually will be covered [...]
I unearthed this gem of an article back in 1991 in the New York Times regarding heavy flooding in the New England area, stretching from New Jersey to Maine. The article goes on to discuss how even though you may not have separate flood insurance coverage with your regular homeowner’s insurance you may be covered [...]