Mar 12, 2019 Does Insurance Cover Flooding? Is it Considered an Act of God?

I asked  Twitter if anyone had real estate questions that they would like answered.  One question was:  “What is covered and what is not covered when it comes to insurance and flooding… and what is considered an Act of God.” I am not an Insurance Broker, so I reached out to the Insurance experts at Rhodes & Williams Insurance Brokers, and here’s their response in full! (Thanks, Brian!) Peggy Blair Sales Representative Royal LePage Team Realty ___________________________________ Hi Peggy, and thanks for reaching out with this question from your readers. It is very important for homeowners and tenants to fully understand their home insurance coverage. With changing extreme weather patterns, questions around flooding is a common question these days. So, what is covered…

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Aug 23, 2018 Renters Insurance: What is it and Who Needs it?

One of the most common myths about insurance is that renters just don’t need it, plain and simple. Your landlord has insurance, so you’re covered, too…aren’t you? Not to burst your bubble, but whoever started that rumor was terribly misinformed. In the event of a fire or extensive damage to your building, your landlord’s insurance would likely cover the walls around you and any major appliances that came with your unit, but everything else is on you. This is where renters insurance comes in. Renters insurance, sometimes referred to as tenants insurance, doesn’t just cover the items inside your rented space — it can protect you in ways you never even knew you needed. Let’s take a look at some of the biggest perks.

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