insurance

What exactly does home insurance cover?

What exactly does home insurance cover?

Before addressing what exactly home insurance covers, it is necessary to specify what home insurance is given the importance that can be derived from it. Well, home insurance is an insurance that aims to guarantee the protection of the home, either by the owners, or by their tenants, as a result of the possible risks that may occur on it. Do you want to have a real estimate of the cost of home insurance? In this link you can see what home insurance is going to cost you manually, and adapted to your particular home! Once we have identified what home insurance…
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Home insurance explained in a simple way

Home insurance explained in a simple way

Everything you need to know to have your new home fully covered Many people spend months and even years looking for a home to buy, and put aside the home insurance decision that would help protect their investment until just before the closing of the purchase. Don't. Home insurance policies may have certain common inclusions, but they are not something generic. The moment you realize you're not covered — or not enough — isn't after a fire or theft or other kind of inconvenient (and expensive) experience. You should contact several agents, says David Thompson, an instructor with the Florida Association of…
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Life Insurance What does it guarantee?

Life Insurance What does it guarantee?

Life insurance linked to the mortgage loan is something that banks demand from their customers and if we think about it it makes a lot of sense. A mortgage is usually a commitment for several decades and life is full of uncertainty, so in case of death, our debt would be covered. Otherwise, it would become the responsibility of our legal heirs, something that nobody wants. Does the law require me to take out life insurance with the mortgage? According to the new real estate credit law, in force since June 16, 2019, the bank cannot force us to take…
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Mortgages and Life Insurance, six essential aspects you should know

Mortgages and Life Insurance, six essential aspects you should know

Life Insurance What does it guarantee? Life insurance linked to the mortgage loan is something that banks demand from their customers and if we think about it it makes a lot of sense. A mortgage is usually a commitment for several decades and life is full of uncertainty, so in case of death, our debt would be covered. Otherwise, it would become the responsibility of our legal heirs, something that nobody wants. Does the law require me to take out life insurance with the mortgage? According to the new real estate credit law, in force since June 16, 2019, the bank…
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