Your home is probably one of your greatest assets, so making sure it is properly protected is important. Like most forms of property insurance, it is a relatively simple concept. Even so, there are many types of insurance policies, types of coverage, and exclusions to be concerned with. Most people simply look at the insurance premium and how much is covered, but there is much more to a homeowners policy than that. The last thing you want is to encounter damage and find out that your policy doesn't cover it. Learn more about how to determine if your homeowners insurance is adequate.
Make Sure You Have Adequate Homeowners Insurance
By Jeremy Vohwinkle, About.com Guide November 9, 2008
Explore Financial Planning
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Hmm… we’re concerned about something that hardly ever happens comparative to the main asset we have in our lives. Ourselves & our ability to earn an income. We, by far, are our biggest asset. If we couldn’t earn an income, we wouldn’t be able to pay for the house we live in. Furthermore, half of all home foreclosures happen because of disability.
consider… Income lost through disability is 2 times as great as auto accident losses and three times as great as fire losses. – National Safety Council, 2003
I have the same.,