Homeowners Insurance

  There is no law that mandates that you have to keep homeowner’s insurance, there are no criminal penalties of fines by failing to get home insurance. The risk is entirely private. However, if you still owe money on the house (mortgage or home equity loan), you are required by the financial institution to keep […]

Replacement Cost vs Actual Cash Value?   There are different options to consider when insuring your house or your belongings. Most common method is replacement cost valuation (RCV) and most home insurers offer this option of coverage. Standard home insurance policies offer RCV coverage for the dwelling and optional for contents of your home. This […]