Having homeowners insurance is a way to be sure that accidents do not turn into a total loss of real estate or equity. If a mishap does take place on your property, you can feel confident, knowing that your fiscal liability is taken care of. This responsibility is not merely for the expense of making the home new again, it will also take care of many other issues homeowners may face.

If the home has not yet been paid for, then the homeowner will have no choice but to keep it insured, as the company who holds the line of credit on the property will make insurance a condition. Once you have managed to pay your home completely, there can still be very dire disadvantages for not keeping the house insured. Full post…

Some places are just more dangerous to live than other places. Whether because of natural disasters, or high crime rates, the homeowners insurance in some parts of the country are simply more expensive than in other, safer parts of the country. Below are some of the worst places as far as insuring your home is concerned:

1. Southern California: Let’s face it; we’re all convinced it’s going to fall into the Pacific Ocean someday. Their regular earthquakes make sane people ask who would ever want to live on a known fault line anyway. On th

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Homeowner’s insurance policies are complicated because they apply to complex and widely varying sets of facts. Imagine the kitchen fire in Baker’s hypothetical. Soot from the fire seeps into the suspended ceiling; can the ceiling be cleaned or must the ceiling tiles be replaced? Water used to extinguish the fire wets drywall is in an adjoining wall. Can the drywall be sanded and painted? Is spraying with a mold preventative sufficient or must it be replaced? If replaced, can only the new portion be painted, or will the whole wall have to be repainted to match? The whole room? One

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On top of being a homeowners insurance geek, I also like to go to the movies. Now, I’m the kind of person that thinks about work all the time. That means when I’m sitting in a movie theater, I’m noticing homes. I’m counting bedrooms. I’m wondering how the single dad who works as a crossing guard can afford a four bedroom flat in Manhattan. I’m wondering if that creepy house whose walls seep blood had a home inspection before the unsuspecting family decided to move in. That sort of thing.

So, over the years, I’ve noticed several instances when homeowners are going to be looking at the possibility of a homeowners insurance claim. Here are some

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