Remove Insurance Policy Remove Insurance Quotes Remove Theft
article thumbnail

How Home Renovations Can Affect Your Homeowners Insurance Policy

TGS

TGS Insurance ยป Blog Do You Need to Tell Your Homeowners Insurance About Home Renovations? When taking on new home renovations, your homeowners insurance policy might not be the first thing on your mind. However, for many home renovation projects, you will need to inform your insurance agent.

article thumbnail

10 Factors That Affect Homeowners Insurance Premiums in Florida

TGS

These features reduce the risk of significant damage or theft, meaning less risk for the insurance company. If you’ve filed multiple claims in the past, insurers may view you as a higher risk, which can raise your rates. Deductible Amount Your deductible is the amount you pay out of pocket before your insurance kicks in.

Premium 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Builderโ€™s Risk Insurance in Tennessee: A Brokerโ€™s Guideย 

Distinguished

Job sites that are under construction are prone to things like fire, theft, and vandalism. All of which can cost their property or business owners millions of dollars in losses without adequate insurance coverage. This is why the popularity of Builderโ€™s Risk insurance is growing. This is where Builderโ€™s Risk becomes essential.

Risk 52
article thumbnail

Block of Flats Insurance Glossary of Terms

Property Insurance Centre

Consequences of Underinsurance In the event of a claim on the block insurance policy , the insurer or its appointed loss adjuster may check to see that the Declared Value is adequate. If it is not, they may rely upon a clause within the insurance policy called Average, Average Condition, or Underinsurance.

article thumbnail

Does Homeownerโ€™s Insurance Cover Boats?

Maritime Insurance International

While every policy is different, in most cases, homeownerโ€™s insurance policies only offer limited coverage for boats. In this post, weโ€™ll walk you through everything you need to know about whether or not homeownerโ€™s insurance covers boats and the advantages of purchasing a dedicated boat insurance policy instead.

article thumbnail

Top Reasons Your Home Insurance Premium Might Increase [2024]

TGS

When the cost of replacing or repairing homes rises, so does the amount insurers have to pay out in claims. To put it simply, if your home insurance policy is designed to cover the cost of rebuilding, that cost has probably gone up over time. Letโ€™s navigate the complexities of home insurance together!

article thumbnail

Why Finding Homeowners Insurance in California is So Challenging in 2024:

Jackson & Jackson

One important aspect of homeowners insurance is that it not only protects the physical structure of the home but also extends coverage to personal belongings inside the property. Being prepared can help mitigate risks and potentially make finding homeowners insurance in the future less challenging. Please contact us here!

Insurer 52