The first mistake people make is getting the state minimum coverage to “save money.” This usually comes back to haunt them if they get into an accident as the state minimums are…
Category: Homeowners Insurance
Who insures insurance companies
Reinsurers may insure insurance companies but insurance companies “self-insure” or set aside reserves to cover any expected payouts under the policies. How it works: Sometimes insurance companies hold all the risk from…
Why are insurance rates going up even when you have multiple policies such as a homeowners and auto policy?
Your insurance premiums, and the premiums of thousands of customers, go into a big bank account. For the small percentage of customers who have claims, these claims are paid out of this…
Progressive Auto and Home Insurance review
They truly care about their customers however profit is a large part of their philosophy. If you fit their preferred market, good credit, no tickets or accidents and have had higher limit…
How much is renters insurance in GA?
Renters runs anywhere from $200–400 for approximately $50,000 in contents coverage. I would not recommend taking any coverage less than $50,000.
What kind of insurance do you need to rent out your house?
In the US it would be a dwelling fire policy. You will need coverage for the dwelling and contents if you are leaving anything there and liability coverage. If they don’t offer…
If my heater stops working during the winter months, would my renter’s insurance cover additional living expenses?
Possibility, Only if the heater stopped due to a fire, flood or caused freezing pipes that burst requiring you to see and alternate living location. It would have be caused by a…
What perils does homeowners insurance cover?
Broad polices cover – Fire, Wind, Sleet, Hail, Aircraft, Vermin, Rain. Special Policies which are most HO-3 forms are ALL Risks with specific exclusions to Ordinance or Law, War and Military Action,…
Nationwide
Nationwide offers all that you’d expect from an auto insurer, plus a few additional options and perks. Gap insurance pays the difference between the cash value of your car when it was totaled…
State Farm
State Farm Auto Insurance Company OverviewYear Founded: 1922Official Website: https://www.statefarm.com/Insurance Offered: Auto, motorcycle, RV, motorhome, homeowners, renters, and moreCustomer Service: 24/7 phone: 1-800-782-8332Key PointsState Farm is licensed in all 50 states, but coverage…