Some consumers may have to get particular home insurance depending upon the area in which they live.

Included in that scope is flood insurance, which helps cover against damages not protected against by a standard policy. Policies are administered through the National Flood Insurance Program, which is under the watch of the Federal Emergency Management Agency.

For some time now, Congress has passed piecemeal extensions to the NFIP, while still allowing for lapses in the program. Read all post…

Hot temperatures on the East Coast may prompt some to consider finally getting a swimming pool, but doing so may have home insurance implications.

According to the Insurance Information Institute, consumers who install a pool should contact their policy provider because having one could increase their liability.

“In addition to learning how to keep your pool or spa safe, it is also important to make sure that it is properly insured and that it complies with local safety standards,” said Jeanne Salvatore, senior vice president with the III.

While a common home insurance policy offers $100,000 of liability protection, the III said people with pools should consider a minimum of $300,000.

Along with that portion of the coverage, consumers should make sure their pool is protected against damage, especially because these additions to a home can be rather expensive.

In fact, any addition to a house could warrant a review of a home insurance policy to ensure that a property is completely covered. Read all post…

Consumers who live in certain states on the coast should look into whether they have home insurance that includes hurricane deductibles.

According to the Insurance Information Institute, insurance coverage issued in 18 different states and the District of Columbia may include this type of coverage, which will pay for damages associated with a hurricane.

“In the face of increased coastal development, combined with an increased risk of a hurricane, hurricane deductibles were created to help keep private sector property insurance coverage available and affordable by having the policyholder share more of the risk with their insurer,” III vice president of media relations Michael Barry said.

Unlike most deductibles, which have a set dollar amount, hurricane coverage works through a certain percentage of a home’s value. T Read all post…