Tag: Insurance

Posted on 12/18/2022
Understanding hazard insurance
Hazard insurance and homeowners insurance are often mistaken for the same thing due to the similarities they share. While standard homeowners insurance policies include hazard coverage, standalone hazard insurance serves a different purpose. How do you know if you need hazard insurance? Here is a guide to help you understand the basics: Hazard insurance vs. homeowners insurance Hazard...
Hazard Coverage
Hazard Insurance
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Posted on 08/28/2022
How do you prepare for a home insurance inspection?
To obtain or keep a homeowners insurance policy, your home may need to have a home insurance inspection. Insurance companies use inspections to identify any liability issues with your property and determine the amount of risk associated with its condition or features. If you take some time to prepare, you might be able to identify some of these...
Home Inspections
Home Insurance Inspection
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Posted on 08/07/2022
A beginner's guide to homeowners insurance: How much will it cost?
If you’re a first-time homebuyer working on a budget for your future plans, you might be wondering about homeowners insurance - how much will it cost, anyway? Unfortunately, the answer can get complicated, as it depends on several factors. To help you budget for your first home, here is a quick guide to what goes in to determining...
Cost Of Insurance
Home Budget
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Posted on 04/17/2022
What is PITI? Understanding your financial situation
PITI, which is short for "principal, interest, taxes and insurance," is an essential term to know for anybody seeking a mortgage loan. The acronym refers to the relationship between these four numbers expressed in a ratio and can tell lenders about your financial status. Here is a breakdown of the term and why it matters to potential homeowners...
Insurance
Insurance
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Posted on 04/03/2022
Understanding additional living expenses
Every homeowners insurance policy includes a percentage of coverage for additional living expenses. If you’re temporarily displaced from your home because of damage, this coverage can help you pay for the additional everyday expenses until you’re able to move back in. But what exactly does additional living expense (ALE) coverage include? Here is a basic guide to the...
Additional Living Expenses
ALE Coverage
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