Search Results for: blog a homeowners insurance bill of rights

What is Homeowners Insurance?

Homeowners insurance, which might also be called home insurance, is something that most mortgage companies will require you to have when you purchase a home. This kind of insurance gives some protection to your home, as well as your possessions. It also may cover some of the costs in case of personal liability. Not all homeowners insurance policies will cover exactly the same things. In general, there are two basic parts that all homeowners insurance should have. One part involves property protection, and the other part involves liability protections. You need to make sure that you purchase enough homeowners insurance … Continue reading →

When the Insurance Check is Sent to the Mortgage Company Part 2

Back in November I wrote about my four month saga on getting my roof repaired from a hail storm that had happened the previous summer. When I wrote that article, I thought that my roof repair was imminent. I thought that we were about to receive the check from the insurance company and start the roof and home repairs. It did not happen. It is now January, and I am finally hearing the sound of banging and hammering on my roof. So what happened? We got the good-old-run-around. In what can only be compared to the struggles on closing on … Continue reading →

When the Insurance Check is Sent to the Mortgage Company

Back in August (see article) I wrote about the fact that we had hail damage we could not see and fortunately called the insurance company just in case because there had been a hail storm. I mentioned that we had been approved for repairs and wroud get our roof and gutters replaced shortly. It’s now November. We are finally getting the roof replaced this week. What took so long? Well, the insurance check was sent to the Mortgage company. After the insurance company adjuster came, we received a letter within two days detailing the repairs to be made. We took … Continue reading →

Insurance Blog Week In Review January 9-15, 2007

It’s been a busy week for so many people in the United States. The weather has been a huge problem with snow, ice and unusually cold temperatures. Get ready to pay a lot more for Oranges and Avocado’s after the deep freeze in Southern California. Many homeowners have suffered the Midnight Disaster, including my little brother. Caught completely off guard with freezing temperatures and a ruptured pipe in the attic. Thankfully, he was able to Ask Anna (or sissy) for help in this matter! When my brother woke up to find boxes falling out of his attic and water flooding … Continue reading →

“A” Homeowner’s Insurance Bill of Rights.

In California part of the Insurance Code includes a Residential Property Insurance Bill of Rights. Other states may not actually spell things out so clearly and make a bold statement in the Insurance Code, but I think every property owner should. This is my version of the Homeowner Property Insurance Bill of Rights. The most important and largest investment most people will make in their life time is the purchase of a home and the personal property they put into it. In order to protect this asset, homeowners should take time to understand the homeowners insurance market. Take time to … Continue reading →