The simple answer is YES! The easy answer is, even if you're not required to have it, I'd highly recommend you have it. In fact, I can't think of any reason why you wouldn't want to have home insurance. Back to the beginning. If you have a mortgage on your home, your lender will [...]
Condo insurance is typically less expensive than a traditional homeowners insurance policy. A condo insurance policy offers similar coverage as a traditional homeowners policy for Personal Property, Loss of Use, Liability, and Medical Expense coverage. You will typically have significantly less coverage for the dwelling because the dwelling coverage for a condo [...]
The cost of hazard insurance or homeowners insurance for a condo in Utah will vary depending on the coverages selected and the amount of insurance purchased. The endorsements you select to enhance your condo home insurance will also play a role in determining the price you will pay. On average, we see [...]
If you own a condo or townhouse, you absolutely should purchase a condo insurance policy. Even if it is not required by your lender, you still 100% highly recommend you purchase condo insurance for your unit. Your condo insurance policy will provide you coverage for your Personal Property against theft, vandalism, fire, [...]
Insurance companies determine the rates they charge on hundreds of factors. Age and value of a vehicle will affect the cost of insurance. Generally, the value of a car diminishes as it gets older. This, in turn, diminishes the risk an insurance company has covering that vehicle, and hence you get a lower rate on [...]
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 [...]
We all are budget conscious, especially when it comes to our daily living. Every prudent person should look for ways to save money on their everyday items. There are several hundred factors that determine the rate you pay on your auto insurance. Some you can control, some you can't. Here are a few things [...]
Professional tips on understanding your escrow account and homeowners insurance. You are required to have homeowner's insurance when you have a mortgage, but most likely you will not be paying your insurance agent for this policy. Well, at least not directly. So how does that coverage get paid for? If you find yourself asking [...]
An HO-6 Condo insurance policy as homeowners insurance for condo and townhome owners. An HO-6 policy will provide similar coverage as a traditional homeowners insurance policy. You will have coverage for standard perils such as fire, windstorm, explosion, theft, vandalism, smoke damage, and riot or civil commotion. Each condo policy can vary [...]
A common question we get at the office is "Should I file a claim?" This is an excellent question. Sometimes it is hard to an answer. There are pros and cons to using your insurance to repair your vehicle. The good thing about filing a claim is that the insurance you have been paying [...]
