Most people who own a home carry homeowners insurance as it’s a required condition of mortgage ownership. But beyond the necessity of it, insurance provides you with coverage for damages that could otherwise bankrupt you or put you in a tight financial bind. The cost of premiums is nothing compared to the aid you’ll receive on a covered claim. To truly understand its importance, let’s review some of the most common homeowners insurance claims. [Read more…]
The 6 Most Common Homeowners Insurance Claims
Common Complications Caused by Clogged Gutters
Colorful autumn leaves are a welcome distraction from the cold weather, but it’s only a matter of time before those leaves detach and clutter your gutters. This is a yearly hassle for every homeowner, but it’s an important component of every fall cleanup, as neglecting your gutters can have unfortunate and expensive repercussions. These simple ducts play a vital role, so it’s essential that one cleans them out to prevent these common complications caused by clogged gutters. [Read more…]
Tips for Preventing Water Damage from a Leaking Refrigerator
It doesn’t take long for a burst pipe to cause severe damage to your home. However, gushing water isn’t the only cause of water damage; oftentimes, a little drip can result in a big problem. A common culprit of slow, progress leaks is one of the most essential appliances in your home: the refrigerator. Since your fridge fulfills a variety of complex functions, it’s not out of the ordinary for a leak to occur and gradually cause water damage. Luckily, you don’t necessarily require a repairman when it comes to preventing water damage from a leaking refrigerator. [Read more…]
Business Interruption Insurance: Is It Important?
Small business owners will not hesitate to buy coverage insurance to protect their entity due to physical damage of the property or liability protection. What if something happened to their business that made it temporarily unusable? Too many owners skip over this fact. Thankfully, there is a little something called business interruption insurance that will protect their business in a big way. [Read more…]