Your Homeowners Policy Excludes Earthquakes. The Standalone Policy Has a Deductible That Surprises Almost...
The Reyes family bought earthquake coverage, so they expected a check after the quake. Then they learned their 15 percent deductible meant the first $60,000 came out of pocket.
After 19 Years, Denise’s Insurer Dropped Her. The State’s Backup Plan Covered the House...
After 19 years and no claims, her carrier dropped her. The state's backup plan took her home, then covered it for far less than she expected.
The HOA charged every unit $8,500 to fix the building’s roof. Her condo insurance...
When a condo association levies a special assessment for a covered loss, your HO-6 policy pays only up to its loss assessment limit, often a default of just $1,000. Here is how to close that gap.
A kitchen fire destroyed everything the Reyes family owned. Their insurer paid $41,000 on...
Your homeowners policy will pay to replace your belongings, but only from a signed proof of loss backed by an itemized inventory. Most families cannot produce one after a total loss.
A Guest Broke Her Wrist on the Deck and Sued for $95,000. Her Homeowners...
She rented her home a few weekends a year for extra income. When a guest was hurt and sued, her homeowners policy denied the claim on a business-use exclusion.
A Falling Tree Crushed Her Detached Garage. Her Policy Capped the Payout at $30,000.
Her detached garage and fence cost $52,000 to rebuild, but Coverage B capped the check at $30,000. Here is how the other structures limit really works.
A Neighbor’s Child Broke an Arm on Their Trampoline. The $1,500 Surcharge Was the...
A neighbor's child got hurt on their trampoline, and the surcharge was the cheap part. Here is how attractive nuisance affects your homeowners liability.
A Storm Dropped Her Neighbor’s Oak on the Roof. Whose Insurance Pays?
When a tree crashes onto your house, the question of whose policy pays surprises most homeowners. Here is how a fallen-tree claim actually works.
Your Insurer Called a Slow Leak ‘Gradual Seepage’ and Denied the Claim. Here’s How...
Homeowners policies cover sudden, accidental water damage but exclude gradual seepage that builds over time. The difference decides whether your claim is paid, and an adjuster can read the age of a leak in the walls.
Recoverable Depreciation: The Second Insurance Check Most Homeowners Never Claim
When a replacement cost policy pays a claim, the first check is short by the depreciation amount. That holdback is recoverable, but only if you finish the repair and send the final invoice. Most homeowners leave it on the table.
