This year many homeowner insurance companies have been raising their homeowner percentage deductible from 1% to 2% which could be a massive increase for policyholders who have to make a claim on their policy. It has led to many homeowners shopping their coverage as their out-of-pocket costs skyrocket. As the cost of claims increases, particularly […]
Discovering termites in your home is never fun. These wood-eating insects cause around $5 billion in property damage every year and unfortunately this damage is not covered by homeowners insurance, except in rare cases. Homeowners insurance is designed to deal with sudden and unexpected losses and damage, termite damage, because it often happens over months […]
While just about every state in the country requires drivers to have car insurance to be legal out on the road, very few states require boat owner to carry boat insurance before they hit the water. Unfortunately, many boat owners mistakenly assume that homeowners insurance will help cover the costs related to a boating accident. […]
Collectibles can increase in value over time until they are worth a significant amount of money. This can include a wide variety of collectibles, everything from comic books, wines, cigars, sports memorabilia, movie props, coins, art and jewelry can appreciate over time until they are worth a small fortune. These types of assets really need […]