Homeowners insurance in NY provides coverage to all of your personal property. However, these items are only covered for ‘named perils’, meaning losses explicitly outlined in your policy booklet. So what happens if your wedding band slips off your finger and is damaged? This type of accidental damage is not automatically included on Homeowners insurance … Continue reading Special Coverage For Jewelry & Homeowners Insurance in NY ...
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NY home insurance policies offer a variety of coverages guaranteeing reimbursement for damage done to your home as long as it is covered under the policy. But, what happens when a loss is so catastrophic that your home becomes inhabitable? Who is going to pay for those additional living expenses incurred from the loss? Luckily, … Continue reading NY Home Insurance and Loss of Use Coverage ...
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Home Insurance in NY extends coverage not only to your physical structure of your home but also to your personal belongings. This coverage is often listed on your home insurance declaration pages as “personal property coverage” or “Coverage C.” It is important to understand what is classified as personal property as well as when and … Continue reading Home Insurance in NY: Covering My Personal Belongings ...
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When you sell your home, it’s often a priority to terminate any expenses connected to the home as soon as possible—including your NY Homeowners insurance as soon as possible. But, canceling your NY homeowners insurance too soon is a much loftier risk than you may think. Let’s say, while your home is still pending closing, … Continue reading NY Homeowners Insurance: Selling A Home and Canceling Your Policy ...
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