Author: Mills & Mills Insurance

If you rent an apartment or a house, the building owner is responsible for any perils that befall the property. Rest assured, if the place burns down, your landlord’s insurance is responsible to compensate him for damage to the structure. But if your personal belongings —...

Insuring a condominium is different than insuring a house because of the way ownership is structured. A homeowner's policy covers against losses, and covers only what you own. Since there are areas of common ownership in a condominium complex, your homeowners association may have a...

When you buy a home, if you have a mortgage, you may be required by the lender to purchase a homeowner's policy. Here's what to expect as you look for the appropriate policy to cover your home. The People In general, a homeowner's policy will have a...

If you own a home in a documented flood zone, there's a 26 percent chance of experiencing a flood over the course of a 30-year mortgage.1And while they are more common in some areas, floods can happen anywhere. In fact, nearly 20 percent of all...

If you have special needs where your property is concerned, a standard homeowner's policy may not fit the bill. There are a number of ways that your coverage can be expanded to ensure your peace of mind. In many cases, you can purchase additional coverage for...

When trying to pick up the pieces after a calamity, you'll be asked by your insurance company to provide an inventory of lost or damaged items. Recalling the exact contents of your home under any condition would be challenging, but perhaps more so under the...

Deductibles are common in many forms of insurance. They place responsibility for the initial cost of certain claims — and some of the risk — back on the insured. Basically, a deductible is the amount you must to pay out of pocket before the insurance...

Insurance companies normally use one of two methods to figure how much you will be reimbursed for a loss if the amount is less than your coverage limits. The most common calculation is the actual cash value, which is the replacement value minus depreciation. For example,...