Costs mount quickly when your home becomes uninhabitable after an incident. Fortunately, a component of your homeowners insurance known as loss of use coverage can step in to help. Keep reading to learn more. What Is Loss of Use Coverage? Also known as coverage D or additional living expenses (ALE), loss of use coverage is…
If your home is damaged and needs to be rebuilt or repaired, your homeowners insurance won’t cover the cost of updating the structures of your home to bring them in line with local building codes. Luckily, ordinance law coverage is here to save the day. Keep reading to learn more! What Is Ordinance or Law…
In our previous post, we took a detailed look at the Collision Deductible Waiver (CDW). But what is the difference between CDW and Uninsured Motorist Property Damage, or UMPD? Keep reading to find out. What Is Collision Deductible Waiver (CDW)? As the name suggests, the Collision Deductible Waiver is a coverage that removes the requirement…
When it comes to auto insurance, there are many add-ons you can purchase to get even more peace of mind. Today we take a closer look at one of those coverages: collision deductible waiver, or CDW. Keep reading to learn more! What Is a Collision Deductible Waiver? The name of this coverage pretty much explains…
When you file an auto insurance claim, insurance companies may include in their repair estimates OEM parts or aftermarket parts. But what do these terms mean? In today’s post, we will help you make sense of the difference between these two types of components. What Are OEM Parts and Aftermarket Parts? The term “OEM” stands…
More protection is always a good thing when it comes to safeguarding your home. With that in mind, today we take a closer look at extended replacement cost, an endorsement that adds another layer of protection to your homeowners insurance. What Is Extended Replacement Cost? To understand extended replacement cost, first we have to talk…
If you are shopping around for auto or home insurance, chances are good that you have already heard about Safeco. In this post, we talk about the insurance products this company offers and give you four good reasons to choose Safeco. What Is Safeco? Safeco is an insurance company that provides a wide array of…
If you believe that your homeowners insurance includes protection against personal injury, think again. Keep reading to clear up some common misconceptions about this coverage and learn how to get protected. Personal Liability vs Personal Injury First, it’s important to understand the difference between personal liability and personal injury coverage. A lot of people assume…
As we enter the height of wildfire season, more and more homeowners are turning to the California FAIR Plan for wildfire insurance. If you are one of them, keep reading to learn more about the FAIR Plan’s new photo requirement. What Is the California FAIR Plan? The “FAIR” part of “FAIR Plan” stands for “Fair…
In a previous post, we showed you the basics of dwelling fire insurance. Today, we take a closer look at the difference between DP-2 policies and DP-3 policies, plus other useful insights about this type of insurance. What Is Dwelling Fire Insurance? First off, a quick refresher on the basics of dwelling fire insurance. A…