You may choose to insure your property with a dwelling policy (the three major dwelling policies are commonly known as DP-1, DP-2, and DP-3). The major problem with a dwelling policy is that it does not automatically provide liability coverage, as homeowners insurance does. If you are trimming a tree on the property and a branch falls and damages a neighbor’s house, (more…)

Perhaps you already chose homeowners insurance coverage to protect your home from damage or even a financial loss in case of injury. Remember that insurance is a service and service only. And as with any other service out there, you should always analyze the insurance market value for money they spend. (more…)