Home Insurance

Covered losses under a homeowners policy can be paid on either an actual cash value basis or on a replacement cost basis. When “actual cash value” is used, the policy owner is entitled to the depreciated value of the damaged property. Under the “replacement cost” coverage, the policy owner is reimbursed on an amount necessary to replace the article with on […]

There are a number of things you can do to lower the cost of your homeowners insurance.

The easiest thing to do is request a comprehensive review of your homeowners insurance policy through a Licensed Insurance Agent such as Greene Insurance Group.

It’s not surprising to find quotes on homeowners insurance that vary by hundreds of dollars for the same co […]

There are a number of factors you should consider when purchasing any product or service, and insurance is no different.

Below is a checklist of things you should consider when you purchase homeowners insurance:

• Determine the amount and type of insurance you will need. The coverage limit of your house should equal 100% of its replacement cost. […]
  

The typical homeowners policy has two main sections:

Section I covers the property of the insured

Section II provides personal liability coverage for the insured.

Almost anyone who owns or leases property is required to maintain homeowners insurance.

Usually, homeowners insurance is required by the lender to obtain a mortgage. […]