You owe it to yourself to review and understand homeowner insurance policy exclusions, inclusions and limits of insurance policy coverages on the insurance blog.
A central Florida couple's home, a total loss after a lightning-induced fire, may not be covered by homeowner's insurance. The family's insurance, covering a home worth $2M, and personal effects inside the home for another $2M, had recently lapsed, according to WKMG Local 6 news.
Paying on time and ahead of time (if you can swing it) is the only surefire way to have property insurance when you'll need it the most. If you're switching insurance carriers, price-shopping, or just feeling economically strapped, contact your insurance agent or carrier to find out what options you have available for uninterrupted homeowner's insurance coverage.
And, you'll read this over and over in my articles, review your homeowner's insurance policy to ensure you have the coverages and amounts of coverages you need. You may not understand every line of the homeowner's insurance policy. But you should have a strong grasp of the homeowner's insurance policy exclusions, inclusions and limits of insurance coverage. That way, there won't be any surprises if the worst happens to you.
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Talk back with the author- tell Lisa Nichols about your experiences with homeowner's insurance coverage or submit your ideas, tips and news for the insurance blog.
