The answer to the question “Is my garage covered under homeowners insurance?” is yes, for the most part. Under certain circumstances, though, your homeowners insurance may not extend to your garage or its contents.
Flood insurance helps protect Texas residents financially following a flood, but how much does flood insurance in Texas cost? Texas homeowners typically pay between $474 and $1,444 per year, or an average of $661, for flood insurance.
Owners of rental properties may wonder, “Do I need landlord insurance?” In most cases, landlord insurance can provide coverage for the home for damage caused by tenants and certain perils.
Depending on their property’s flood zone, homeowners may be required by their mortgage lender to purchase flood coverage.
Your home loan lender or landlord may decide for you, but it’s important to assess your risk and the financial weight of flood repairs as you determine your need for flood insurance coverage.
Foundation issues can require expensive repairs. Knowing how to pay for foundation repair can help homeowners cover the cost without breaking the bank.
At a cost of $61 per month, or $735 per year, errors and omissions insurance is an affordable type of business insurance coverage that can prevent financial losses in the thousands—or even millions—of dollars.
AM Best insurance ratings help consumers assess the best insurance companies in the market. Rankings are based on a number of factors that show the financial health and viability of each company.
Homeowners insurance may cover roof repair and replacement, but only damage caused from certain covered events. Homeowners who simply need an old roof replaced won’t be able to rely on homeowners insurance to get the job done.
Does your property have a swimming pool, playset, or fountain that could leave you liable? Discover the steps to remedy an attractive nuisance, protect others from getting injured, and reduce the chances that you’ll be held responsible.