You’ve planned it all out. Your cousin, Ruby, is looking after your cat. The guy next-door is collecting your mail and watering your plants. And, your travel insurance will help out with any unforeseen circumstances you might experience during your vacation in sunny paradise. Right? Wrong. Your travel insurance policy may not cover as much as you believe. Yes, a huge number of claims are denied each year and here are some of the most common reasons. The Pre-existing Condition If you’ve changed your medication lately or your spouse has…
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Holes in Homeowners Insurance Policies
Homeowners insurance is something that every owner has to have. Your home might be your biggest asset and is probably the biggest purchase you will ever make, so it would stand to reason that you would want to protect it from unforeseen events that might harm it causing expensive damage. And you’re not the only one who wants to protect your home, at least while it’s still partially owned by the bank. While you are paying off your mortgage, you are also required to have homeowners insurance to protect the…
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