Whenever you talk about increasing insurance rates, you may hear the term Assignment of Benefits (AOB). What does that mean, though? Why would that
Homeowners Coverages
Introduction to Your Homeowners Coverages Your homeowners insurance policy is a package of coverages. These coverages protect your home, your
Why Do I Have Other Structures Coverage on My Policy?
Many times people review their homeowners insurance policy and see Coverage B - Other Structures. Maybe you reviewed "Homeowners Coverages" so you
What is Additions and Alterations Coverage? Do I Need It?
On your condo insurance policy, you may see Additions and Alterations. What is this? Do you need it? To understand that, let's look at a standard,
What Is Condo Unit Owners Special Coverage A? Do I Need That?
This is a great question, and isn't very clear on your policy declarations page. A standard condo policy is a named perils policy. Condo Unit Owners
Open Perils vs Named Perils Policy
What is the difference on an open perils (all risks) vs named perils policy? It is a good, important question but can get into kind of boring
Personal Property Replacement Cost vs Actual Cash Value
One of the most valuable coverages on your homeowners insurance is your personal property coverage. Personal property are the items that you own that
Escrow – What Happens When I Pay My Insurance with My Mortgage?
When you are paying through escrow, your homeowners insurance is included in your monthly mortgage payment. You usually pay a year of insurance up