Category Archives: Finance Guide

Is A Ceiling Leak Covered By Insurance?

A leaky ceiling is more than an unsightly water stain; it’s a potential time bomb that could lead to extensive structural issues and mold growth, potentially impacting both your home insurance coverage and any repairs necessary. Understanding if your policy includes repair or replacement is vital. Water stains and leaky ceilings may be caused by […]

Does Homeowners Insurance Cover Flood?

Water damage is one of the most prevalent and devastating forms of home damage, but you can take steps to safeguard against it. Standard homeowners insurance typically covers certain forms of water damage; however, flood damage is generally excluded and therefore it is wise to get a separate policy specifically covering floods. Floods are a […]

Does Homeowners Insurance Cover Roof Damage?

Your roof is an exposed part of your home that is vulnerable to numerous threats. Homeowners insurance policies usually cover repairs or replacement when damaged due to an insured loss. Home insurance policies typically include dwelling coverage that protects roofs; however, any claims are reduced by your deductible amount and must meet certain thresholds to […]

What Is Premium On Insurance?

Premiums are payments to insurance companies in exchange for coverage. They may be paid monthly, quarterly, semiannually or annually and determined based on factors like policy type, risk analysis and demographic data. Underwriters carefully consider dozens or even hundreds of factors when underwriting policies to assess their risk level and ensure an acceptable risk profile […]

All About Auto Owners Insurance

Sometimes, seemingly insignificant clauses and caveats found in auto insurance policies can make the difference between good and poor policies. Before signing an auto owner insurance contract, ask your agent these questions. Make sure you have the exact same answers in the policy. Do you want to be considered a “family policy”? Family policies provide […]

What Insurance Companies Offer Roadside Assistance Without Comp And Collision?

Have you ever found yourself stranded on the side of the road with a flat tire or dead battery? It can be a frustrating and stressful experience, but luckily many insurance companies offer roadside assistance to help get you back on your way. However, some policies require that you have comprehensive and collision coverage before […]