Due to the steep decline in the real estate market, there are many sellers who are finding it difficult to get a buyer for their house. The house remains vacant for a long time while it is up for sale. The problem is that they might lose their insurance cover when they leave the house, as a vacant home is considered riskier than an occupied one. [Read more…]
Will Your Insurance Pay for Damage Caused by a Fallen Tree?
Recently, strong winds wreaked havoc in many states and left a lot of property damaged. In many cases, it was the falling trees that were responsible for most of the damage. Falling trees wrecked cars, power lines and even entire homes. Naturally, most homeowners ran to their insurance agencies. But does your insurance cover such cases? That depends on a number of variables. [Read more…]
