• Fire and lightning • Damage from hail and windstorms • Theft and vandalism • Smoke damage • Falling objects, like tree branches • Damage from the weight of ice, snow, or sleet • Frozen plumbing, heating, AC, or other household systems • Vehicles (and even aircraft) — not the vehicle itself, which is the object of auto insurance, but damage from vehicles — e.g., in the event a car runs into your home. • Riots or civil commotions • Explosions Homeowner’s insurance policies also generally include coverage for liability, personal belongings, other structures on your property like carports and fences, and additional living expenses if your home becomes temporarily unlivable. Again, again, check with your local agent for the latest guidelines. Depending on your mortgage agreement, you most likely will be required to set up an escrow account. Essentially, an escrow is a savings account designed to help you pay your mortgage, property taxes, and even homeowner’s insurance in smaller, periodic installments. Your lender usually deals with payments from your escrow, which means less stressful financial management for you.
A HOME WARRANTY LETS YOU SLEEP BETTER AT NIGHT.
Whether you’re a first-time home buyer or empty-nester downsizing after several previous home buys, it might be a smart
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