You have a homeowner’s insurance policy, but is it enough to cover you in every unexpected situation? If you don’t have a personal article floater, the answer is likely “no”.
A standard home insurance policy will cover the major items in your home like appliances, furniture, and clothing. The exact specifications of your policy may or may not allow coverage for jewelry, electronics, and antiques. Many homeowners don’t realize the limits of their coverage until tragedy hits and their settlements do not cover the true costs of their damages.
You can prevent falling into this situation by purchasing a personal article floater.
Continue reading “Homeowners Insurance 101: The Importance of a Personal Article Floater”
According to the Federal Reserve Bank of New York, 107 million Americans have auto loans, which means that 43% of Americans owe money on their vehicles. This can be dangerous considering that cars depreciate so quickly and leave car owners upside down in their loans. If you owe more on your car loan than your car is worth, you’re certainly not alone, and gap insurance can help.