Posted by NewBuyer on December 17, 2009 | No Comments
An insightful look into how umbrella policies supplement the liability coverage you already have through your home and auto insurance and provide an extra layer of protection.
From the resource: “For example, if you have a home insurance policy with liability coverage of $300,000, the umbrella policy will pay claims above $300,000, up to the limit you select, such as $1 million. Or if your liability limit on your car insurance policy is $250,000 of bodily injury protection per person and $500,000 per accident, your umbrella coverage kicks in after you exhaust that coverage.”
Source: Insure.com
Read More About Umbrella Insurance at Newbuyer.com
Posted by Elizabeth Dennis on December 17, 2009 | No Comments
A quick look at whether you need a home warranty for a newer home. From the resource: “If your home is less than 6 years old, a home warranty may not be necessary. Since the systems and appliances are still new and usually under individual warranties, the cost of minor repairs is less than the cost of a home warranty.”
Source: HomeMinders
Read More About Home Warranties at Newbuyer.com
Posted by NewBuyer on December 17, 2009 | No Comments
A detailed look into the many facets of making an offer on a home. Learn the factors to consider when making your offer, how the contract works, how to protect yourself against a “lemon house” and the importance of earnest money.
A sample from the resource about earnest money “Once you sign the contract, make sure to have the inspection, survey, and appraisal performed quickly, or you can lose your earnest money.”
Source: Michael Blue Jay
Read More About Making an Offer on a Home at Newbuyer.com
