Wednesday, December 3, 2014
Understanding Homeowners Insurance
Your insurance agent can help you decide which insurance policy and any additional insurance you need to protect your assets.
There are 6 types of homeowners insurance options, the top 3 being HO-3. HO-4 and HO-6.
Special Form Homeowner Insurance (HO-3) is probably the most popular and protects against damage to the home, including personal belongings.
Renters Insurance (HO-4) protects people who are renting their home or apartment. This policy protects your belongings among other things.
Condominium Insurance (HO-6) is the another popular policy and protects those who own a condo or co-op. For more information about this and all the other homeowner insurance policies, here is a great website.
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