Blog Posts - Homeowners insurance
How Do Home Insurance Claims Affect My Premiums Long-Term?
Homeowners insurance can be pricy, especially in areas prone to floods or fires. These premiums tend to rise constantly, causing frustration for homeowners. Even filing a claim can cause premiums to rise, which can seem like a Catch-22 situation. You buy insurance to protect your home but then get penalized…
Continue ReadingDoes Homeowners' Insurance Cover Injuries to Guests on My Property?
Maybe you invited the neighbor over for a cup of coffee. Or perhaps you are having a larger party to celebrate your spouse’s 50th birthday. Whatever the situation, if you are having guests over to your Saline home, you may worry about liability issues. There is always the possibility that…
Continue ReadingWill My Policy Cover Temporary Housing if My Home Becomes Uninhabitable?
We all cherish our homes and hope they will provide us with safety and livability for as long as we live in them. However, there are certain situations in which your home can become uninhabitable. A home is considered uninhabitable when conditions make it unsafe or unsuitable for normal living….
Continue ReadingWhat is the Difference Between Replacement Cost and Actual Cash Value Coverage?
You are in the market for homeowners insurance, but you realize there are different options to choose from. When it comes to replacing damaged or stolen items, you will come across two main choices for coverage: replacement cost and actual cash value coverage. You will want to ensure you have…
Continue ReadingCan I Be Denied Coverage if I Live in a High-Risk Area or Own an Older Home?
Every homeowner should have options for insurance coverage. But depending on the location of your home and its condition, your options may be limited. Indeed, if you live in a high-risk area or have a high-risk home, you could be denied homeowners insurance by traditional insurers. This may not seem…
Continue ReadingWhat Types of Damage are Typically Not Covered by Standard Homeowners Insurance?
Homeowners’ insurance costs thousands of dollars a year, so you probably think your home is covered, no matter what happens. Well, that is not necessarily the case. You need to be aware that there are various forms of damage and certain events that are not covered. Regardless of the policy…
Continue ReadingDoes Homeowners’ Insurance Cover Damage Caused by Flooding or Earthquakes?
You bought an insurance policy for your home. You have peace of mind now, in the event something happens to your home. But you should not get too comfortable just yet. Homeowners’ insurance does not provide 100% coverage. It does not cover all natural disasters, which is surprising to some…
Continue ReadingWhat is Homeowners Insurance, and Why is it Important in Michigan?
If you own a home, then you will likely want to purchase homeowners insurance. Homeowners insurance protects your home and personal belongings against covered losses, such as damage from fire, theft, or storms. It also offers liability coverage if someone is injured on your property. While it provides valuable peace…
Continue ReadingHome Insurance for First-Time Buyers
Buying a home is an exciting process, but it is also complicated. There are a lot of steps involved, as well as a lot of costs to consider. When it comes to buying a home, you are not only paying for a mortgage but also home insurance. You will want…
Continue ReadingWhy Did My Home Insurance Premium Increase?
Did you open your home insurance bill last year and about have a heart attack from the shock of the sky high premium? If so, you are not alone. Premiums rose dramatically last year in Michigan due to the high cost of building materials and labor plus the increased frequency…
Continue ReadingDoes Homeowners Insurance Cover Snow/Hail Damage?
Michigan gets a lot of cold weather. Residents are no strangers to ice, hail, rain, snow, and other extreme weather conditions. Now that it is winter, you may wonder: Does my homeowners insurance cover weather damage, particularly snow and hail? Snow and hail can come down in buckets, and they…
Continue ReadingHow Much Does Homeowners’ Insurance Cost?
Insurance can be costly, but it is often a cost you do not want to go without. This is especially true for homeowners’ insurance, which provides coverage for various dangers your home may face, such as floods, fires, wind, hail, theft, and falling items. Construction is pricey, and having to…
Continue ReadingWhat if Your Trees Damage Your Neighbor’s Property?
A massive storm ravaged your property, causing one of your trees to fall over and hit the neighbor’s house. Your neighbor is understandably upset, and being the good neighbor you are, you might be angry about the situation as well. You may also be stressed out about the situation because…
Continue ReadingDoes Homeowners’ Insurance Go Up if There is Damage From a Storm?
We have homeowners insurance to protect our most cherished asset in the event of damage caused by fire, wind, hail, snow, hurricanes, or tornadoes. However, even if an event happens and we are fully insured, we may hesitate to file a claim. That’s because we all know what happens after…
Continue ReadingWhy are Insurance Rates Going Up?
Adverse weather, higher repair costs, and greater liability risks are behind the increase in homeowner’s insurance rates. Insurance prices have risen dramatically in recent years, particularly regarding homeowners’ policies. If you suffer sticker shock while shopping for coverage or paying your latest bill, you are likely wondering what is driving…
Continue ReadingDoes Renters Insurance Increase Annually?
The cost of renters insurance and whether it increases depends upon several factors. Most people who have rented an apartment or a home, or rented out their property to others, have a clause in their rental contract mentioning renters insurance. While it may seem like renters insurance is only necessary…
Continue ReadingWhat Is an Insurance Premium?
If you have an insurance policy, you’ve likely heard the terms premiums, policy limits, and deductibles used frequently enough, but you may also be confused about which is which. And if you are, you should know that you’re not alone. Better understanding the terms related to your insurance helps to…
Continue ReadingHow Long Has it Been Since You Reviewed Your Insurance Coverage?
You purchase and pay for insurance coverage because it helps to protect your assets and yourself in the event of losses. It is not unusual, however, to purchase a plan, make the automatic payments, and pretty much forget about it. Insurance is designed to provide you with peace of mind,…
Continue ReadingAre You Moving this Summer?
If you’re moving to Ann Arbor, Saline, Dexter, Milan, Clinton, Chelsea, or anywhere in Washtenaw County, Michigan, finding the best insurance coverage for your new home and vehicle is essential for protecting your assets and ensuring peace of mind. You want coverage that meets your needs for the best possible…
Continue ReadingShould I Get Renter’s Insurance?
Some landlords require you to have renters insurance, but others do not. If it is not mandatory for your rental home, should you consider purchasing a policy anyway? Absolutely, getting renters insurance is a smart move and offers numerous benefits and protection for tenants. Many people wish they had renter’s…
Continue ReadingDoes My Home Insurance Cover Floods?
While you might not have too many concerns about floods in Michigan, our state has seen its fair share of flash flooding and severe floods. Any type of flood can quickly damage or destroy property - including your home. This damage can be devastating and costly, as well as dangerous…
Continue Reading