Flood insurance is not part of a standard homeowners policy, and is usually only available through high risk insurance companies, or from your state's equivalent of the FAIR plan. The reason for this is that when flooding does happen, it has a tendency to…

When you apply for homeowners insurance, there are many different factors that must be calculated to determine what your rates will be or if you are even eligible for coverage. These factors include you past insurance history as it is recorded in your CLUE…

The deciding factor for the insurance company is going to be whether you have an insurable interest in the home. Are you paying the mortgage for your parents, or managing their income for them? Is this the only home insurance policy, or are you talking about…

Standard homeowners insurance policies do not include flood protection. You may be able to purchase a flood protection rider for your home policy at an additional cost, but it is more likely that you will need to purchase the coverage from a company which…

In a very real sense, all real estate can be described as smaller pieces of land. in real estate jargon, a section of land is roughly 1/36 of a township, and is then broken down into pieces of the section, or parcels, and sold to individual land owners. As…

Basic homeowners insurance covers some types of storm damage without the need to purchase additional riders. An ordinary thunderstorm is generally covered under the most popular types of home insurance, including damages caused by high winds, lightning, or…

That depends on what you mean by the question. You cannot file for insurance on the property in this state and claim it as property in another state. But you may be able to qualify for discounts on insuring both properties if you purchase policies with the…

Title insurance is how a property owner defends his right to the property being purchased and is separate from a standard condo insurance policy. This holds true for buying a home as well as a condominium, and prevents your investment from being lost completely…

A metal roof is more durable and damage resistant than shingles, and that translates into less risk for the insurance company to insure. Just as a brick or stone home is cheaper to insure than a wood home, a metal roof is cheaper than shingles. It is not…

Just because the rates offered by different insurance companies are nearly the same, do not expect that the service and quality of the policies will be as well. You should look at homeowners insurance company reviews, the financial outlook of the company,…