How Homeowners Insurance Works
Homeowners insurance is a package of property and liability coverages. The useful way to read it is to separate what protects the building,…
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Insurance, in plain English.
Practical insurance explanations and real-life coverage questions.
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Stories and explanations for insurance basics.
Replacement Cost vs. Actual Cash Value
Replacement cost and actual cash value answer the same question in different ways: how much value should the policy recognize after a covered…
Keep readingWater Damage and Homeowners Insurance
“Water damage” is not one coverage category. The source, timing and path of the water matter. Sudden accidental discharge from plumbing can be…
Keep readingWhat Renters Insurance Covers
Renters insurance is mainly about the tenant’s belongings, personal liability and additional living expenses after a covered loss. The landlord’s policy generally protects…
Keep readingRenters Insurance Liability Explained
Liability coverage in a renters policy is about legal responsibility, not damage to your own couch. It may help with covered bodily injury…
Keep readingAuto Liability Coverage Explained
Auto liability coverage is the part of a policy designed to pay for covered injury or property damage you cause to other people,…
Keep readingCollision vs. Comprehensive Insurance
Collision and comprehensive both protect the insured vehicle, but they respond to different causes of loss. Collision generally addresses crashes with vehicles or…
Keep readingAuto Insurance Deductibles Explained
A deductible is the portion of a covered loss you absorb before the applicable physical-damage or other deductible-bearing coverage pays. It is not…
Keep readingHow Pet Insurance Works
Pet insurance usually reimburses eligible veterinary expenses after a covered accident or illness, subject to exclusions, waiting periods, a deductible, a reimbursement percentage…
Keep readingPet Insurance Deductibles Explained
A pet insurance deductible tells you how much eligible cost must be absorbed before reimbursement starts, but the reset rule matters as much…
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