Homeowner insurance
Homeowners Insurance and Liability Coverage
Sunday, September 14th, 2008It is always wise to protect your financial assets. Repairing or replacing your property is only part of the homeowners insurance equation. It is possible for your policy to go much beyond that to protect your financial situation by means of liability coverage.
Consider the following example, if a guest to your house falls down the […]
Homeowner insurance – replacement cost calculation
Wednesday, August 27th, 2008Is replacement cost the same as the sale price of a home?
No, it isn’t. The selling price encompasses the value of the estate as well as the land the home is build on. The replacement cost is equal to the amount that would have to be spent in order to replace the structure. Normally, […]