Markets

What is homeowners insurance and what type of policy do you need?

Homeowners insurance protects your home and possessions against damage or theft and can provide liability protection for accidents that occur at your home. The three main elements covered in a homeowners insurance policy are dwelling coverage, personal property, and liability. HO3 coverage is the most common type of homeowners insurance […]
What is homeowners insurance and what type of policy do you need?
Markets

Climate change may affect your homeowner’s insurance policy in 2 ways

Dramatic weather events are on the rise all over the world thanks to climate change. While homeowner’s insurance typically covers things like wildfire and tornado damage, earthquakes require additional coverage. Homeowners in high-risk areas will want to re-evaluate their policies with the help of an insurance adviser, though all homeowners […]
Climate change may affect your homeowner’s insurance policy in 2 ways
Markets

What does homeowners insurance cover? Here’s how a standard policy works

Homeowners insurance covers two main types of loss: damage to property and belongings and personal liability. Most standard policies also cover loss of use, meaning the insurance company will pay for the homeowner to stay elsewhere while the home is being repaired. Basic homeowners insurance covers financial loss caused by […]
What does homeowners insurance cover? Here’s how a standard policy works