Tag: homeowners insurance

Home insurance is often required whether you are purchasing a new home or already own one. Most conventional plans will cover your house structure, personal items, and additional living expenses if you have a covered event. Two of the best examples are inclement weather and burglary. Most plans also provide liability coverage if someone is injured on your property. While

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When owning a rental property, understanding the tax implications is crucial. As a landlord, you may wonder if you can deduct homeowners insurance on your rental property. As with many tax-related matters, the answer is more complex than yes or no. Let’s dive into the details of homeowners insurance versus landlord insurance; how homeowners insurance can be tax-deductible, how to

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Termite infestation is a common menace for homeowners and, if not checked, can create extensive damage to your home. According to research, 600,000 homes are affected by termite damage each year, with homeowners spending nearly $5 billion on termite control and repair costs. Hence, it’s important to know if your homeowners insurance will cover your home from termite damage. Coverage

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Investing in your home’s security and safety, whether you’re 25 or 55, is a necessity. Retirement may make paying for a homeowners policy a little difficult. However, there are many ways to save on homeowners insurance without compromising the coverage you need. Here are four retiree benefits that can help you save money on your homeowners insurance. Mature Credit One

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As a renter, incidents and events such as fire, theft, or even natural disasters such as earthquakes could put your possessions at risk of loss or damage. By carrying renters insurance, you can effectively and affordably protect your belongings if they are damaged in a covered incident. According to USAA, the average renter owns personal property worth at least $20,000.

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