Currently Browsing:Homeowners insurance

LET’S TALK INSURANCE BASICS – Making complex insurance stuff easy to understand

  Today’s topic:  “I have two quotes for homeowner’s insurance.  One has an annual premium of $2,440 and the other is $3,275.  What’s the difference?”  As with most other questions, the answer to this one is not complicated. Most homeowner insurance policies today are what we call “all-peril” policies.  An all-peril policy insures against loss

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Why do I need to insure my home for more than it’s worth?

Our past columns have focused on auto insurance.  We’ve much more to cover on auto insurance and we’ll return to it in future columns but for today let’s shift to homeowner’s insurance.   A question I hear often is, “My home is worth $XXX,XXX.  Why does the insurance company want to insure it for more

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