Homeowner’s Basics
Home insurance is your security in event of damage to property, as well as liability for damage and injuries caused to other people. Knowing what home insurance is and the basics will help you to make the correct choices that will protect you and your family.
Aside from knowing what home insurance is, some of the things you have to be familiar with are:
1.What is included in a standard home insurance policy?
2.Are there different types of policy coverage?
3.What insurance types are needed for co-op or condo?
4.Is flooding covered?
5.What specific disasters are insured?
6.Is home insurance mandatory?
7.What is the importance of home inventory and how is it done?
8.Can I have home insurance if I am only renting?
9.What is cancellation and non-renewal?