Having to file a claim is never a fun event. This usually means something tragic, or at least, "not a good thing" has happened in your life. This is exactly why you have insurance. When determining whether or not you should file a claim, you should consider the following: What is the cause of [...]
What is earthquake insurance? Earthquake insurance is a type of insurance policy that helps protect homeowners and business owners from financial losses caused by earthquakes. It typically covers damage to the structure of the home or business, as well as personal property damage and loss of use. Many standard homeowners and condo insurance policies [...]
Most mortgage companies will require the borrower to escrow their home insurance. Lenders require this because they'll know when the home insurance policy has been paid (or not paid) and will know that their investment into your home in insured. Because they require the home insurance to be escrowed, this can often cause some [...]
If you own a condo and live there as your primary residence, you need to have an individual condo insurance policy. This is similar to a homeowner's insurance policy but is specifically designed for Condo Owners. An individual condo insurance policy is known as an HO-6 policy, or HO6 condo policy. The [...]
