#homeownerinsurance

[oraclelawfirm]

5 BIGGEST DOG BITE CLAIM MISTAKES HOMEOWNERS MAKE

Homeowners’ insurance companies paid out $797 million in homeowners’ insurance dog bite claims in 2018, up 16.7% from the previous year, according to the Insurance Information Institute.

Dog bites are the most common homeowners insurance liability claim and are getting more expensive. According to the Insurance Information Institute, the average cost of a dog bite claim has increased more than 67% over the past decade, from $32,072 in 2008 to $53,982 in 2018.

If you have a dog, it’s important to ensure you’re properly covered in case your dog bites someone. But even if you don’t have a dog, you could still be liable if a dog bite occurs on your property.

There are a few homeowners’ insurance policies, and not all provide coverage for dog bites. If you have a dog, you’ll need to ensure you have the proper coverage to protect yourself from financial liability.

Keep reading to learn about the biggest dog bite claim mistakes homeowners make and how to avoid them.

Dog Bite Claim and Homeowners Insurance

When it comes to homeowners insurance, one of the most common questions is: “Does my policy cover dog bites?” The answer is maybe. Some homeowners’ insurance policies will cover dog bites, while others will not. It all depends on the specific language of your policy.

If you’re not sure whether or not your policy covers dog bites, the best thing to do is give your insurance company a call and ask. They’ll be able to tell you for sure whether or not you’re covered. And if you’re not covered, they may be able to offer you some alternative options.

No matter what, it’s always a good idea to have at least some kind of coverage in place in case your dog does bite someone. That way, you can avoid any costly out-of-pocket expenses.

Common Dog Bite Claims Mistakes:

Not Knowing Your Homeowners Insurance Policy Limits One of the biggest mistakes homeowners make is that they does not know their policy limits. Your homeowners’ insurance policy will have limits on the amount of coverage it provides for dog bites. If you have a dog, you’ll need to ensure a policy that provides adequate coverage for dog bites. The average cost of a dog bite claim is more than $50,000, so you’ll need to ensure you have at least $100,000 in coverage.

Not Keeping Your Dog Up-to-Date on Vaccinations Another mistake homeowners make is not keeping their dogs up-to-date on vaccinations. If your dog bites someone, your homeowners’ insurance policy will likely exclude coverage if your dog is not up-to-date on vaccinations.

Not Implementing a “No Tolerance” Policy for Dog Bites Another mistake homeowners make is not implementing a “no tolerance” policy for dog bites. If you have a dog, you need to make sure that you have a policy that doesn’t allow your dog to bite anyone.

Not Disclosing Your Dog to Your Homeowners Insurance Company Another mistake homeowners make is not disclosing their dog to their homeowners’ insurance company. If you have a dog, you need to make sure you disclose it to your insurance company so that you’re properly covered in the event of a dog bite.

Not Keeping Your Dog Under Control One of the biggest mistakes homeowners make is not keeping their dogs under control. If you have a dog, you must always ensure you keep it under control. This includes keeping it on a leash when it’s outside and ensuring it doesn’t have access to guests.

Contact and Visit us at Oracle Law

At Oracle Law, we understand the ins and outs of dog bite claims and homeowners insurance policies. We can help you navigate the process and ensure you have the coverage you need.

Contact us today at (888) 547-1778 to schedule a free consultation. We’ll help you understand your options and get the coverage you need.

[abegtassociates]

Buying a homeowner's insurance policy is one of the most essential investments for every homeowner. It can cover the losses due to interior or exterior damages, along with the physical assets of the home. The Abe Gt & Associates agents will guide you through the process of the best homeowners insurance in Homewood IL. Keep your home protected from the financial burden of unforeseen events.

[merdeslawoffice]

Buying Homeowner Insurance

“Homeowner insurance” (like “Automobile insurance”) is NOT a single coverage. Rather, it is normally a collection of individual coverages. Think of buying insurance for your home like going to the grocery store. You push your cart down the aisle … and you buy meat (liability coverage), milk (medical payments coverage), and bread (fire coverage). The key is buying what you need for your home. READ MORE...

[mandibhavonline]

Home Insurance Policy, Online Home Insurance Plan, Homeowner Insurance

Home insurance policy is one of the important things that a person used to have in their dreams. An online home insurance allow you to confirm different incorporation and covers the part of policy you expect to buy. Home is one from where the story begins, but home insurance is not the first thing to come into people’s minds when buying a dream house. However, in any case, it acts as an important backup. Typical home insurance generally covers you with floods, earthquakes, fire, including lightning, etc. All creditors are required to buy homeowner insurance policy while buying a home. The rate of home insurance depends only on how much you can purchase for the house and personal property. To compare home insurance policy online permits you for the confirmation of different incorporation and coverage which are the part of the policy you expect to buy.

#homeinsurancepolicy    #onlinehomeinsuranceplan   #homeownerinsurance  #typicalhomeinsurance #rateofhomeinsurance #longterminvestmentoption  #loanagainstfixeddeposits #instantpersonalloanonline  #shorttermbusinessloan

[myfairpolicy]

Yes, you can insure an empty house. In the insurance business, an empty house is classified as vacant. But what you need to know is the typical homeowner's insurance policy has an exclusion for vacant homes. So if you purchase a homeowners policy on the home, and a claim occurs, odds are good that your claim will be denied. Know more visit: www.myfairpolicy.com

[insuranceinohio]

Need home owners insurance in Ohio..Call Washington & Co Insurance Agency 216-691-9227 for instant quote and immediate coverage. #homeinsurance #homeownerinsurance #insurance #getquotes #sr22insurance #sr22t #sr22autoinsurance #sr22carinsurance #sr22bond #sr22financialbond #financialbonds https://www.instagram.com/p/CDbhlcEHEyE/?igshid=a479s0lykdrv

[northwestescrow]

What is an escrow account on a mortgage account? We get this question a lot. Here’s a brief explanation for everyone. #escrowaccount #mortgageaccount #questionsanswered #knowledge #briefbutspectacular #homeowners #homeownertips #homeownerinsurance #homeownertip #buyersagent #buyers #sellersagent #sellers #goodtoknow #escrow #escrowlife #escrowteam #escrowservices #escrowcompany #escrowofficer #escrowagent #escrowhustle #marysvillewa #everettwa #snohomishcounty #washingtonstate #pacificnorthwest #barlowescrow #northwestescrow https://www.instagram.com/p/CAv4_vBA-sm/?igshid=dqz62zidc5ar

[realestateboatingchef]

My Offer Was Accepted! Now What?

You have spent months looking for the perfect home. You found it, wrote an offer and it was accepted! You already provided your lender with your income and asset statements before you even started looking for a home, so you know you qualify. So what else do you need to do except wait for closing? There are actually several things you still need to do before you can put your feet up!

Inspections The very first thing you need to do is schedule your home inspection. Contracts usually allow a buyer seven to ten days to perform a general home inspection as well as more specific inspections. When you initially wrote the offer to purchase the home, your agent should have advised you on the importance of conducting a home inspection. By checking this option, the purchase is now ‘contingent upon a home inspection’. This is a term that will give you a right but not the obligation to hire the assistance of a home inspector as well as other professionals who can take a close look at the home. After the inspections, you can request that the seller make repairs to the home prior to closing; ask for a repair allowance to be given to you at closing or if the repairs are substantial, you can decide not to go ahead with the purchase. As you can see, home inspections are imperative on a home purchase.

Loan Application Although you provided your lender with your financial information upfront so that you could be issued a pre-approval letter, it is now time to make formal loan application. Now that you have an address, a sales price and a time-frame you can apply for a specific loan amount and lock in a rate for a specific time period. This should be done within a few days of your offer being accepted and often is preferred to be made after the home inspection but be careful to coordinate and follow the dates in your purchase contract. Your lender will likely need you to provide updated income and asset statements from the last time you turned them in. Once your loan has been processed, there may be additional requirements from the lender as well. Turn in everything as soon as possible so there are no delays with the loan which could cause your closing to be delayed.

Homeowner’s Insurance If you are financing your new purchase, homeowner’s insurance needs to be in place prior to final loan approval. This is because the lender needs to know that you qualify with the payment including your monthly homeowner’s insurance obligation. Buyers sometimes overlook this requirement or rush through the process which can cause complications or consequences later. Closings have been delayed due to lack of insurance but worse is when a catastrophe occurs to the property and the homeowner finds out they do not have adequate coverage to repair or rebuild without coming out of pocket. Take the time to make sure you are getting the right coverage so that you are protected in the future.

Summary After your offer is accepted, now the hard work begins! Do your home inspections, make loan application and get your insurance in place so that you are ready for closing. Once you close on your new home, then you can sit in your new yard and enjoy the sunshine!

[homewarrantylady-blog]

What is a Home Warranty?

Buying a home is a big investment, and maintaining it can be expensive – especially when it comes to repairing or replacing major appliances and home systems such as your plumbing, electrical, air conditioner, heating unit and appliances. That’s where an HMS Home Warranty steps in to provide affordable coverage for mechanical failures of major home systems and appliances. A Home Warranty covers items that homeowners insurance does not cover. Home owner’s insurance covers loss from theft and disasters, it doesn’t cover costly home systems and equipment failure.

More specifically, a home warranty is a service contract, normally for one year, which helps protect home owners against the cost of unexpected covered repairs or replacement on their major systems and appliances that break down due to normal wear and tear. Coverage is for systems and appliances in good working order at the start of the contract, no for items that are already broken prior to purchasing a home warranty (i.e., pre-existing conditions).

HMS Home Warranty Includes coverage for:

Plumbing

Electrical systems

Furnace

Water heater

Heating ducts

Water pump

Dishwasher

Garbage disposal

Stove/cooktop/ovens

Microwave

Refrigerator

Washer/dryer

There are many Home Warranty companies out there but ours is one of the few if not the only one (at least in Arizona) that offers the following benefits::

Coverage and Exclusive Benefits Include:

o   No limitation on coverage for HVAC claims

o   No annual caps on coverage.

o   No age or square footage limitations

o   Homeowner's Insurance Deductible Reimbursement - HMS is the only home warranty that reimburses policy holders, up to $500 when they have to pay a deductible on a homeowner's insurance claim.

o   Emergency Lodging Reimbursement - Buyers will be reimbursed up to $1,200, for hotel/motel stay, if their only cooling or heating system is non-operational or they are without water for 24 hours or more.

o   Coverage for all major appliances - included in our base coverage for buyers and sellers!

o   Claim No-Claim - if a buyer has not placed any claims on any items, they will be eligible for one (1) air conditioning and/or heating system maintenance visit, up to $100, after the completion of month nine.  HMS is the only warranty offering this benefit.

o   180 Day Workmanship Guarantee - HMS guarantees all repairs done under the warranty for a full 6 months.  Regardless of whether or not the client still has an active policy.  Longest guarantee in the industry.

[merdeslawoffice]

Protect Your Home With Homeowner Insurance

If you do not buy Homeowner Insurance, then you risk yourself and your property. Protect not only your home, but also your assets in case of an accident. To clarify, I recommend you buy Homeowner Insurance. Buy as much as you can afford. If you wonder what Homeowner Insurance covers and why you need it, you are not alone. This is part one of a two part blog. READ MORE...

[californiainsurancefinder]

The Ultimate Guide To Home Owners Insurance

All of the best homeowners insurance organizations give a range of savings. Should you fall short to reap the benefits of these discount rates, you’re just leaving income around the table. Several on line equipment, much like the a person provided by Liberty Mutual, allow you to modify the coverage ranges you choose, to help you Plainly see how switching 1 component immediately impacts the cost of your coverage. Builders may perhaps get out blanket loans which address numerous Attributes without delay. Bridge loans may be applied as momentary funding pending an extended-expression mortgage. Difficult money loans give financing in exchange for the mortgaging of housing collateral. From distinctive architecture to an appraised value of more than $1 million—certain homes could possibly have to have a lot more specialised protection.

Most wouldn’t hope their home insurance policy to address the expense of their mini-fridge if it at any time stops working, but lots of mistakenly presume that the massive, vital units are protected, for example heating and air con or water heaters. Sad to say, that isn’t the situation. Home Insurance does not include mechanical breakdowns.

The most typical solution to repay a secured house loan personal loan is to help make regular payments towards the principal and curiosity more than a established term.[citation wanted] This is often often called (self) amortization during the U.S. and as a repayment mortgage loan in the UK. A property finance loan is really a kind of annuity (with the viewpoint on the lender), along with the calculation in the periodic payments relies on some time price of dollars formulation.

[myfairpolicy]

If you no longer have a homeowner's insurance policy, you are not covered if something happens to your home. As a result, you will end up having to pay repair or replacement costs out of pocket. Know more visit: www.myfairpolicy.com

[1stopmortgage-blog]

5 Reasons Why Your Home Insurance Bill Is So High.

Do you know why you’re paying so much to protect your home? Moe importantly, have you considered the different ways you could reduce your home insurance rate?

Here are 5 factors that contribute to the price of a home insurance policy:

#1 Home’s Age and Construction Type - Insurance companies look at the age of the home, what materials were used, how many bedrooms, the square footage, type of roof and windows. Also the condition of the plumbing, heatings and electrical systems are factors.

#2 Home’s Vulnerability To Criminal Activity - Living in a high crime area is more prone to theft; the more crime there is in a neighborhood the more at risk you and your home are that results in filing a claim. There are steps to alleviate some of the concern the insurance company may have. Most insurance companies provide 2 percent to 15 percent discounts for devices that make a home safer - dead-bolts, window gates, bars and smoke/fire/burglar alarms.

#3 Firefighting Response Time - The distance between your home and a fire station is a factor that insurers mull over when figuring out your home insurance rate. The proximity of your home to a fire hydrant and to a fire station, whether your community has a professional or volunteer fire service and other factors that can affect the time it takes to put out fires.

#4 Your Credit Score - The three digit number that predicts the likelihood of you paying bills will be factor in the cost of homeowner insurance. many insurance companies use a credit-based “insurance score” when evaluating insurance applications or policies.

#5 Your Dog’s Breed - Got a dog? It could affect what you pay for homeowner’s insurance. Your dog’s breed could affect your premium since studies have shown that certain breed are more susceptible to biting than others. A homeowner insurance covers if someone gets hurt o your property.