Most of us are aware of the fact that there are limits to the amount an insurance policy covers for different types of property. A well-known example is jewelry coverage. Some of these limits appear in the ‘personal property limit’ section of your policy. There are, however, other limits known as ‘special limits of liability […]

Unexpected damage to roofs, windows, and sidings from wind, hail, and natural disasters can be costly and stressful. So, it is essential to insure these items of your home properly. To help with that task, we have identified a few details that homeowners should be aware of when buying home insurance. Actual Cash Value vs. […]

According to III (the Insurance Information Institute), the average cost of home insurance increased to a record high of $1,398 last year. This, of course, placed an added burden on homeowners who were already struggling with inflation. Below we analyze the reasons for the situation and explain what a homeowner can do about it. Why […]