Tag: Insurance

Posted on 12/26/2022

Does home insurance cover water damage? What every homeowner should know

Homeowners often wonder, “Does home insurance cover water damage?” Water damage comes in many forms and from many sources, but your standard homeowners insurance policy may not provide coverage for every type. To help you better understand the limits of your homeowners insurance, here is a basic guide to the types of water damage your policy won’t cover:...

Flood Insurance

Home Insurance

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Posted on 10/17/2022

Understanding PITI

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

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Posted on 07/25/2022

How to determine the average cost of home insurance

A budget for your home expenses will need to include the average cost of home insurance. The amount you’ll pay for homeowners insurance is based on a combination of factors concerning the insurance type, home characteristics and your personal insurance history. To help you get a better understanding of what goes into the average cost of home insurance,...

Cost Of Insurance

Deductible

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