Home Insurance 101
Home insurance is a form of residence insurance similar to condo insurance, that covers damages to an individual’s property, along with the other assets. It provides liability coverage for any accidents, interior/exterior damage, and damage of personal assets on the property. When a claim is made on any incident, the policymaker will be required to pay a deductible, which in effect is the out-of-pocket cost for the insured. When violent storms damage your home, a burglar breaks in, or when an unfortunate event strikes close to home, you may need to file a claim......