Introduction
Your home is worth $500,000.
So you need $500,000 of homeowners insurance.
Simple, right?
Not necessarily.
One of the most common misunderstandings in homeowners insurance is assuming that...
Introduction
For decades, most American homeowners treated insurance as something they could simply shop for.
You bought a house, requested several quotes and selected a policy.
In...
Introduction
You open your homeowners insurance renewal notice and see another increase.
Your house hasn't changed.
You haven't filed a claim.
You haven't added a swimming pool or...
Introduction
Your dog develops a skin condition.
The first year of treatment costs:
£1,500.
The following year:
another £1,200.
Then medication and check-ups continue for several more years.
Or your cat...
Introduction
You receive your insurance renewal notice.
Last year, your policy cost:
£500.
This year, the quote is:
£650.
It's natural to assume the insurer simply increased the price.
But insurance...
