How do you interpret the numbers 100 300 on your insurance policy?
How do you interpret the numbers 100 300 on your insurance policy?Example 100/300. This means the most the policy will...
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What is an average clause?
What is an average clause?Definition of average clause 1 : a clause in an insurance policy that restricts the amount...
What is full replacement cost coverage?
What is full replacement cost coverage?What Is Replacement Cost Coverage? A replacement cost policy helps pay to repair or replace...
How do I make sure Im not over insured?
How do I make sure Im not over insured?Five Tips to Avoid Being Over-Insured Life Insurance. Purchase Only What You...
Is it better to be over insured or underinsured?
Is it better to be over insured or underinsured?If you underinsure your home and suffer a devastating loss — flood,...
What is average policy?
What is average policy?Average policy refers to a policy followed in fire insurance which states that the insurance company will...
Does homeowners insurance cover water damage from washing machine?
Does homeowners insurance cover water damage from washing machine?Homeowners insurance may help cover damage caused by leaking plumbing if the...
Can I claim for a new front door on house insurance?
Can I claim for a new front door on house insurance?Usually, yes. A front door and its locks are considered...
What are the 3 basic levels of coverage that exist for homeowners insurance?
What are the 3 basic levels of coverage that exist for homeowners insurance?Homeowners insurance policies generally cover destruction and damage...
What is an HO 3?
What is an HO 3?Homeowners Policy Special Form 3 (HO 3) — part of the Insurance Services Office, Inc. (ISO),...
