As a first-time home buyer, there are probably several crucial things you don't know about home insurance. Below are some of the insurance issues you should know even before buying a house.
Buy Before Closing
If you are buying the home on a mortgage, as many people do, then you need your home insurance coverage in place before you can close the purchase process. This is a typical requirement for most mortgage lenders.
Being arrested for a DUI charge is embarrassing and troublesome enough, but after you've handled that case you've still got to deal with further consequences of your actions. You might be able to start driving again, only to be told that you need to get SR-22 insurance or more accurately, have an SR-22 certificate filed so that you can prove you've got car insurance. If that sounds confusing, keep reading for answers to questions you might be thinking about.
Fire is one of the costliest disasters any home can experience; it can totally destroy your home. Every homeowner should know what to do to maximize their claims in case of fire damages. Here are some of the tips you can use to help you:
Mitigate Further Loss
As soon as you discover that your house is burning or has burnt, the first thing you should do is to prevent further damage.
Workers' compensation is something that you may likely be entitled to after an event that leaves you hurt and at home instead of on the job. However, there are some common missteps that could cause you to miss out on the benefits you think you deserve. The errors below could mean trouble for your claim, so be aware of them and take appropriate action.
Believing Your Co-workers
Your co-workers might have a lot of advice about how you should handle your injuries and the workers' compensation process.
A sudden death can leave behind a significant financial burden for your family members. In order to prevent unpaid debts, funeral expenses, and other costs from creating stress for your loved ones, it can be beneficial to have a life insurance policy that will pay a cash benefit in the event of your sudden passing.
Investing in the right life insurance policy can be challenging, but here are three tips you can use to ensure you buy the best policy to meet your unique needs.