Tag: home insurance

14
Feb

Transform Your Homeowners Insurance Coverage with Improvements

Homeownership comes with a sense of pride and accomplishment. As you invest time and money into making your house a home, you’re also increasing its value. While you enjoy the fruits of your labor, ensuring that your homeowners insurance coverage keeps pace with the changes you make to your property is crucial. This blog will discuss the importance of updating

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22
Nov

Smart Moves: 7 Essential Steps for New Homeowners

Becoming a homeowner is an exciting milestone but comes with a new set of responsibilities. To ensure your journey as a new homeowner is smooth, taking intelligent steps that will save you time, money, and stress in the long run is crucial. Keep reading to learn about seven essential strategies every new homeowner should consider. These intelligent steps for new

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4
Jan

Is Your Homeowners Insurance Tax-Deductible? Here’s What You Need to Know

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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16
Nov

Is It True That Homeowners Insurance Covers Water Damage?

Knowing what your home insurance covers if your home suffers from water damage is essential because water is one of the most significant risks to your home and possessions. According to the Insurance Information Institute, nearly one in fifty homeowners report water damage or freezing yearly, making up 29% of all homeowners insurance claims. It is also one of the

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21
Jul

Factors That Have an Impact on Your Home Insurance Premiums

Your homeowners insurance rates depend on multiple factors. Locating the ideal home is the first step; the next is to discover an ideal homeowners insurance. While you will need to compare multiple policies before choosing the one that suits your needs, it is always a good idea to be aware of the variables that are taken into account when calculating

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21
Jan

How Will Renovating My Home Affect My Homeowners Insurance?

Making renovations to your home is sometimes a necessary project that you must undergo. It involves planning, sketching, projecting, and designing the new look for your place. House renovation can impact your home insurance in various ways, and this could either be positive or negative depending on the type of renovation you are about to undergo. Homeowners insurance works differently

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