Home Insurance. Thursday , February 22nd , 2018 - 15:00:05 PM
When you’re a homeowner, you have to deal with constant surprise challenges you may not have thought about back when you were renting a place to live. Your house may have been in pristine condition when you moved in, but time will show some issues your real estate agent may have not noticed or forgot to tell you about when you toured the place.
If you do experience a loss due to a wildfire, your homeowners insurance policy will most likely cover the cost of repairing your damaged home or rebuilding it, up to the limits outlined in your policy. It will also likely cover the cost of your belongings inside your house.
Given the number of uninsured and underinsured homeowners during the 2017 natural disasters, there seems to be a disconnect between homeowners understanding their coverage and what their policy actually covers.
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