Tag: Homeowners Insurance

Posted on 11/20/2022
Flash Floods & Other Water Damage Your Insurance Might Not Cover
Homeowner's insurance can help you recover financially from many accidents and disasters at home. While traditional homeowner's policies include coverage for personal items and your property, they don't cover everything. Certain types of damage may be excluded from coverage and require an additional policy, including many types of water damage. Here are some of the types of water...
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Posted on 09/18/2022
How Much Funding Do You Need to Flip a House?
For many, flipping homes is lucrative. However, there are many costs associated with flipping a property, and it’s important to budget carefully for every detail. Here are the major costs to consider when determining how much funding you’ll need for a flip: Down Payments Just like buying a move-in ready house, buying a house you intend to flip...
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Posted on 07/31/2022
Understanding your insurance: 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...
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Posted on 01/03/2021
What Does Homeowners’ Insurance Cover?
Photo by Feng Yu via Shutterstock Few things are more mysterious than insurance. When you think you know what's covered, you find out the hard way that it wasn't. Since your home is likely your greatest asset, you want to know what it includes and what it doesn't before you need to make a claim. Whether you're “in...
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