Working at Home for Moms
By Patty Scheeler
If you have young children at home you may want to spend time with them during the day. Or you may simply prefer to watch your kids as opposed to sending them to a daycare. If this sounds like you, Read more...
Home Library Furniture Ideas
By Jared Winston
Like any room you might set out to design, a library has a nearly limitless number of possibilities in the way of design elements. You might want to give you library a dignified, high-class Read more...
Home loans-the best way to own a home
By Aditya Jaiswal
In the last decade or so, housing loan scenario in India has changed drastically. It has become a major part of buying houses and people are looking forward to owning their own houses on the base of Read more...
Home Buyers Boot Camp real estate listings buyers guides - your comprehensive denver real estate resource.
Below, you'll find extensive information
on leading denver real estate articles and products to help you on your
way to success.
Homeowners Insurance Coverage: Are You Really Protected?
By Joe Hanoa
Most homeowners think, or hope, that they have enough coverage on their homes to take care of just about any sort of contingency. However, waiting until a disaster strikes – like Hurricane Katrina – could find yourself uncovered for an event that you thought was covered. Are you really protected? Read on and we’ll take a look at what is typically covered under the average insurance plan. If in doubt, pull out the policy and call your insurance representative today to make certain that your policy meets your needs.
Tree Damage: If a tree falls on your house, you are covered. However, what if your neighbor’s tree falls on your house? Worse, what if their coverage is inadequate or nonexistent? Rest assured, you are covered…through your own policy that is.
Water Damage: Your is damaged from wind and from rain. Are you covered? Good question! If the water came into your via damage to the roof then you are likely okay. If the water came in due to a rising creek or storm surge then you are out of luck unless you purchased a separate flood insurance policy
from the federal government. Think Katrina: many homeowners are grabbling with insurance providers as they learn that they weren’t covered at all.
Volcanic Activity: Surprisingly, if a volcano erupts and takes your away with it, you should be covered.
Nuclear War: If you is vaporized during a nuclear incident you are not covered by your homeowner’s insurance.
Earthquake Insurance: Better hope that you have separate earthquake insurance in the event you live someplace where the ground is prone to seismic movement. Your regular policy will not cover you so take out a separate earthquake insurance policy to make certain that you are well covered.
Even if you have the right kind of coverages do you have enough coverage for everything that you own? Will your current insurance plans provide enough coverage for a fire or will deductibles limit your ability to rebuild? In addition, should you opt for an umbrella policy in the event that you need something beyond homeowners and auto insurance coverage? One lawsuit could empty out your bank account with one whack of a judge’s gavel as the courts rule against you.
Regardless of where you think you stand an occasional “check up” with your insurance provider should reveal whether your coverage is sufficient. Assume nothing; to do so could mean that your coverage is inadequate for every sort of contingency.
Joseph is the proud owner of Finance Guides, a website that will explain everything you need to know about cash Management. We invite you
to visit our site today and see what we have to offer.
We strive to provide only quality articles, so
if there is a specific topic related to home that
you would like us to cover, please contact us at any time.
And again, thank you to those contributing daily
to our denver real estate website.