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Archive for May, 2008
Dear Jason,
It is quite common when purchasing an older home that home buyers are concerned about problems because of old systems in the home. You want to update anything that has the potential to damage or destroy your home such as electrical, plumbing etc. Updating these systems makes you less likely to file an insurance claim. Remember, insurance is there to protect your home in the event of a disaster or peril where your home or its contents are partially or completely destroyed. (See our Home Tips)
To protect the systems in your home such as your air conditioning unit, hot water heater, furnace, etc., it is a good idea to purchase a home warranty. A home warranty covers the types of systems above whereas a home insurance policy would only cover these systems in the event they were damaged by a covered peril. For example, if your hot water heater shorted and caused an electrical fire, the damages to your home caused by the electrical fire would most likely be covered by your home insurance (as long as there was no negligence on your part). However, if your water heater simply stopped working and needed to be replaced, you could probably use your home warranty to replace it. Home Insurance would not cover that type of claim. Read about Standard Home Insurance.
Sometimes the seller will purchase the home warranty for the buyer especially when a home inspector has deemed some of the systems in the home as functioning but in need of replacement soon.
Thanks! Your Agent at Home Insurance.com
Suzie,
Standard home insurance does typically cover your children living away from home if they are full time college students and part of your household. Limitations vary, however, and you might want to contact your home insurance agent to find out the specifics of your policy. For example, some insurance companies only cover full-time students who live in dorms while students who live off campus are not covered. Talk to your home insurance company to find out the specifics on your policy.
Thanks,
HomeInsurance.com
Jeff,
Typically bicycles are covered under a standard home insurance policy. Although, most policies will have a limit on the replacement costs they will provide- usually around $250. As always check with your home insurance agent to find out specifics. Be sure to read our Tips on Prevent Bike Theft.
In the future, always know the amount of coverage you have for your bike and compare that to the value. Do you need additional coverage for this personal property? You might want to schedule an endorsement on your policy to provide more coverage in the event that your bicycle is ever stolen again. Contact your home insurance agent for more information on additional coverage.
Thanks, HomeInsurance.com
Every year millions of families gather to celebrate Memorial Day. In order to keep your family safe and having fun this Memorial Day, keep in mind some of our summer safety tips:
1. Safe Swimming:Practice safe swimming this summer at the beach or in the pool. At HomeInsurance.com we hear about pool releates accidents and fatalities every summer. Read our Home Insurance Tips on Pool Safety and keep your family and friends safe this summer.
2. Grill Safety: Memorial Day is a time for barbecues. While flipping burgers might not seem like a dangerous task, there are actually a great deal of injuries sustained every yer from grill relates accidents. Read our article on Grill Safety.
Wishing you and your family a fun and safe Memorial Day Weekend!
Your Agents at HomeInsurance.com
Dear Lee,
Most standard home insurance policies have a limit on the amount they will cover for jewelry. Typically this amount is only about $1,500. You should contact your home insurance agent to find out what your limit is for jewelry under your policy.
If you feel that you need more coverage, we would recommend scheduling an endorsement on your policy to cover the jewelry. This endorsement is just an extension of your regular coverage, that would protect your valuable jewelry up to the specified amount in the event of theft. If you have more questions about what is covered under a standard policy, read our article on Standard Home Insurance or Contact an Agent Today.
Thanks! Your Agent @ HomeInsurance.com
While shopping for home insurance it is sometimes difficult to find strong information from trustworthy sources. At HomeInsurance.com, we have compiled a Tools & Tips Section in our website to provide helpful, informative information for homeowners all over the country:
Visit our Top 5 Most Popular HomeOwner Resources:
Homeowner Calculators: How much home insurance do you need? What will you mortgage payments be? Find out by using our Homeowner Calculators.
Home Insurance Glossary: What’s the difference between replacement value and actual cash value of your home? Brush up on your home insurance vocabulary with our Home Insurance Glossary.
Home Insurance Blog: Want to see what other customers are asking about home insurance and saying about homeinsurance.com? Scroll through our recent blog postings.
Money Saving Tips: Curious how to reduce your chance of claims? Read our Tips on how to protect your home and family, and prevent claims!
Home Insurance FAQs: How can your protect your home in a hurricane? What does flood insurance cover? Find answers to these questions and more on our FAQ page.
Thanks! Your Agents at HomeInsurance.com
Dear Henry,
Like most of our customers- you are busy- we know this. HomeInsurance.com is a free online shopping service that matches homeowners with home insurance providers. Our job is to take your information and retrieve quotes from some of the best home insurance companies in the country. Sit back and relax, while we compare these quotes and find you the best home insurance policy available. If you decide to lock in your quote, we will finalize the policy with you on behalf of the chosen provider. By partnering with some of the best home insurance providers, we rest assured knowing you will receive top notch customer service from our partners. If you have questions or changes that need to be made to your policy, you will direct them to your new provider, just as you normally would. Shopping for home insurance can be a daunting task- which is why we are here to help save you some time and alleviate the hassle. Come back and visit us often, however, as we are always updating our homeowner resources.
Thanks,
Your Agent @ HomeInsurance.com
Hello Homeowners,
Learning about your home insurance company is an important step before deciding to purchase home insurance. Take a look at the company’s financial strength by reviewing their ratings from top rating agencies. Four independent home insurance rating agencies include A.M. Best, Fitch, Moody’s and Standard & Poors. Read about the insurance companies we have partnered with and get an overview of their financial strengths. These companies include some of the top insurance companies in the country including Travelers, SafeCo, The Hartford and Foremost. Some with over 100 years in the business, our preffered partners are ranked some of the best insurance companies for customer service.
Take a minute to check them out!
Thanks,
Your Agent @ HomeInsurance.com
At homeinsurance.com, we believe in finding you the best home insurance policy available. But what exactly makes up best home insurance policy around?
We believe the best policy is not just the cheapest, but also the most comprehensive coverage with a top-quality company that you can depend on in the event of a loss or damage to your home. Our preferred partners are a group of some of the best home insurance companies in the country. (Some with over 150 years of experience in the home insurance industry!)
Read our article on the Best Home Insurance and what this means to us here at HomeInsurance.com. Also take a minute and read our Homeowner Tips and FAQs for some advice on saving money and making your home more safe. If you have questions about our services, feel free to contact an agent. Or, get your free quote today!
Thanks,
Your Agent @ HomeInsurance.com
Lillian,
Sorry to hear about your recent misfortune. Good news is- under most standard home insurance policys- sheds, garages and other detached structures on your property are covered against damage caused by wind/hail/fire. Typically, coverage for other structures is about 10% of your dwelling coverage. After you replace it, consider the replacement value of the garage. If you feel that you may need more coverage for your garage in the event that this ever occurs again, talk to a home insurance agent about your options for extending this portion of your policy.
Thanks,
Your Agent @ HomeInsurance.com
 
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