Mike Tom Realty

Tag: Insurance

Posted on 10/13/2024
Understanding insurance: Personal liability coverage
Personal liability coverage is included in standard home...
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Posted on 01/29/2023
Home insurance inspections vs. standard home inspections: What's the difference?
What’s the difference between a home insurance inspection...
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Posted on 12/25/2022
Understanding additional living expenses
Every homeowners insurance policy includes a percentage of coverage for additional living expenses. If you’re temporarily displaced from your home because of damage, this coverage can help you pay for the additional everyday expenses until you’re able to move back in. But what exactly does additional living expense (ALE) coverage include? Here is a basic guide to the...
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Posted on 11/20/2022
Hazard insurance: Understanding the basics
Hazard insurance and homeowners insurance are often mistaken for the same thing due to the similarities they share. While standard homeowners insurance policies include hazard coverage, standalone hazard insurance serves a different purpose. How do you know if you need hazard insurance? Here is a guide to help you understand the basics: Hazard insurance vs. homeowners insurance Hazard...
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Posted on 09/11/2022
Personal liability coverage: What it is & why you should consider it
Personal liability coverage is included in your homeowners insurance policy, but also available to purchase separately. Having additional liability coverage can help protect you financially from any claims made against you for injury or damages. However, it can be difficult to determine whether you actually need additional liability coverage. Here are some things to consider if you’re thinking...
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Posted on 08/14/2022
What's covered under additional living expenses insurance?
Every homeowners insurance policy includes additional living expenses coverage. If you’re temporarily displaced from your home because of damage, this coverage can help you pay for the additional everyday expenses until you’re able to move back in. But what exactly does additional living expense (ALE) coverage include? Here is a basic guide to help you learn more about...
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Posted on 07/19/2020
Five Reasons Renters Need Insurance
Image by edar from Pixabay There are many reasons people choose to rent. There are fewer responsibilities, it doesn't take saving up a large down payment, maintenance is likely taken care of and there are no real estate taxes and no homeowners' insurance to pay. That doesn't mean, however, you shouldn't carry insurance. If you rent a home,...
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