Tag: homeowners insurance

According to Primary Residential Mortgage Inc., Millennials are currently the largest class of homebuyers in the market. It may come as a surprise to some, but this young, tech-savvy generation is still set on finding a home, even during a volatile market with rising interest rates and fewer homes on the lower end of the … <a title="Renters No More: Millennial Home Buyers" class="read-more" href="https://americanheritageins.com/renters-no-more-millennial-home-buyers/" aria-label="Read more about Renters No...

Water damage is the leading cause of property-related losses for homeowners, according to Chubb claims data. A recent Travelers report revealed similar findings. After analyzing eight years of claims data, the insurer found that 20% of homeowners claims were attributable to non-weather water issues including plumbing, sewer or appliance leaks and failures – making non-weather … <a title="Water Damage in Your Home" class="read-more" href="https://americanheritageins.com/water-damage-in-your-home/" aria-label="Read more about Water Damage in...

In 2017, dog bites and dog-related injuries accounted for more than one-third of homeowners liability claims according to the Insurance Information Institute. There are approximately 89.7 million dogs in the United States and 36.5% of U.S. households own at least one dog. The average cost per dog bite claim was $37,051, totaling over $700 million … <a title="One-Third of Homeowners Liability Claims are From Dog Bites" class="read-more" href="https://americanheritageins.com/one-third-of-homeowners-liability-claims-are-from-dog-bites/" aria-label="Read more...

Homeowners insurance is important to many people and is often required to satisfy your mortgage requirements. But how well do you actually understand your policy? Most homeowners policies can be broken down into six sections. Dwelling: This pays for damage to your house and structures that are attached to your house. This includes plumbing, electrical … <a title="Breaking Down Your Homeowners Policy" class="read-more" href="https://americanheritageins.com/breaking-down-your-homeowners-policy/" aria-label="Read more about Breaking Down Your...