Tag: Basic Guide to Homeowners Insurance

The costs related to homeowners insurance, including its premiums and any losses you incur (despite being reimbursed by insurance) are not tax-deductible. This is because most homes are used for living purposes, so the Internal Revenue Service (IRS) considers home insurance premiums similar to utility bills and other monthly expenses. Not all types of coverages offered under personal home insurance

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Getting the right homeowners insurance in Lubbock takes a little research and reflection on what items you need to protect. There are various ways your home can be damaged by a disaster, so you have to review an insurance policy carefully to make sure it covers everything you believe is valuable. Here’s a look at the factors you need to

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