Navigating Homeowners Insurance: What You Need to Know

Homeowners insurance is a crucial financial tool that provides protection for your home and belongings in case of unexpected events. Understanding the key components of homeowners insurance is essential to ensure you have the right coverage for your needs. Here’s what you need to know: Types of Coverage: Dwelling Coverage: This covers the structure of your home, including the roof, walls, floors, and foundation. It’s essential to insure your home for its full replacement cost. Personal Property Coverage: This covers your personal belongings, such as furniture, appliances, clothing, and electronics. Make sure to take inventory and estimate the value of your possessions. Liability Coverage: This provides protection if someone is injured on your property, and you’re found liable. It also covers damage caused by your pets. Additional Living Expenses (ALE) Coverage: ALE pays for temporary living expenses if your home becomes uninhabitable due to a covered event, like a fire […]

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Unraveling the Mystery of Home Insurance

Today, most real estate owners in Seattle choose to maintain homeowners insurance coverage. This important type of protection helps supply a safety net against many types of unexpected events causing damage to a residence, or harm to people on the property. It usually pays to shop carefully for this type of insurance. Homeowners Insurance Protections Vary by State The specific items covered by a homeowners insurance policy will differ sometimes based upon the company offering the policy, the location, and the level of coverage selected. Since states vary widely in the items lawmakers may require builders to install in residential properties, policy holders in some locations obtain more comprehensive protections.(1) In general, most homeowners insurance policies cover at least four basic categories(2) of damage: Residential interiors; Residential exteriors; Liability protection for accidents occurring on the property; Coverage for theft or vandalism-related property damage. *This post may contain affiliate links – […]

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Did You Know This About SGLI

As many know, I recently had another addition to our family. Naturally for me, that meant I needed to update my life insurance policy to add my daughter and seek out more coverage. This started to get me thinking about my husband’s SGLI (as it is his only life insurance policy). Do you know all the facts about SGLI (Servicemembers Group Life Insurance)? One thing as a young adult that many of us overlook is life insurance. However, if you have a family or your active duty member is the sole provider (or perhaps a main contributor), you want to prepare for the absolute worst case scenario. The military offers SGLI (which ALL members should take in my opinion because it’s dirt cheap for the amount of protection is covers).  Let’s talk about why this is important. Eligibility Service members of all five branches (Air Force, Army, Coast Guard, Marines, […]

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