Does Homeowners Insurance Cover Water Damage? Homeowners insurance generally covers water damage that is sudden and accidental, such as damage from burst pipes, appliance overflows,

The Purpose of Coinsurance Provisions Coinsurance is a provision that is commonly found in insurance policies, and it serves an important purpose for both the

Why Does My Insurance Company Want to Inspect My House? Your insurance company wants to inspect your house to assess the condition and risks associated

Does Homeowners Insurance Cover Electrical Problems? Homeowners insurance typically covers electrical problems if they’re caused by sudden, unexpected events like power surges, lightning strikes, or

What is Non-Recoverable Depreciation? Non-recoverable depreciation refers to the loss of value in an asset that cannot be recovered or reversed. It is an accounting

What Is Builders Risk Insurance For Homeowners? Builders Risk Insurance is a type of property insurance specifically designed to protect homeowners during the construction or

What Is A Contract Of Adhesion In Insurance? A contract of adhesion, also known as a standard form contract, is a type of contract commonly

What Does Home Insurance Cover for Water Damage? Home insurance generally covers sudden and accidental water damage, such as from burst pipes, overflows from appliances,

How Much Home Insurance Coverage Do I Need Understanding the Basics Before determining how much home insurance coverage you need, it’s important to understand the

How to File a Homeowners Insurance Claim To file a homeowners insurance claim, first, document the damage with photos and detailed notes. Contact your insurance

Can I Refuse a Home Insurance Inspection? Yes, you can refuse a home insurance inspection, but doing so may result in the insurance company declining

What To Do When A Tree Falls On A House? A tree falling on a house is a frightening and dangerous situation that can cause