Know What Isn't Covered by Your Homeowners Insurance Policy
Do you know in which
of these situations your homeowners insurance quotes policy
will not cover your loss?
A) A foreign army invades
the United States, destroying your house in the
B) A car careens around
a curve and drives into your living room.
C) A skunk gets into your
house and now everything you own stinks. > more
Getting Insured With a Family Dog: Not That
About 40 percent of American households own
a dog, according to The Humane Society of the
United States, and many of those dog owners have
homeowners insurance, too. But the two don't always
mix well. As the costs of dog bites spiral,
more than $1 billion in 1999 according to the
Insurance Information Institute, some homeowners insurance
companies are refusing to write coverage for owners
of certain breeds. > more
Insuring Your Possessions
If you own items that
you think would catch the eye of appraisers on
"Antiques Roadshow," make sure you've got the
proper insurance to protect your investment.
Homeowners insurance for especially
valuable items -- like furs, jewelry, antiques,
collectibles, wine, and fine art -- is not just
a good idea, it's a necessity. That's because
a regular homeowners insurance quotes policy, which covers
your personal property, has limits on how much
it will pay for certain kinds of priceless items.
If you want to make sure
that your valuables are covered, you'll need to
make special mention of them when you buy your
homeowners insurance. You'll probably have to take out
a separate rider for items like the ones we're
talking about here. That might mean you'll pay
a bit more for your homeowners insurance quotes policy. But if you don't take
out the rider, you'll be sorry if anything happens
to your treasures.
In general, if you have
any one item or a collection of items that is
worth more than $2,500, you should mention it
to your insurance agent when you buy the policy.
The threshold of value will differ from company
to company and from policy to policy. > more