Q: I have just rented a storage unit in preparation for putting my house on the market. Are our possessions covered under our homeowners’ policy while in storage? A: While moving, they would have up to 100% of their current Coverage C (Personal Property/Contents) at both locations under an HO-3 policy form. Some companies will limit this to 30 days during a … [Read more...]
Ask an Insurance Question
This video gives some answers to some common questions about insurance relating to college students, rental cars, updating your policy and more. We here at GoVaughn.com Insurance answer these questions almost daily. Take a look at this informative video. What INSURANCE question do you have today? Ask us! … [Read more...]
Six Easy Steps to Filing a Homeowners Insurance Claim
Common Fireworks Insurance Question
If my neighbor shoots off fireworks and they damage or catch my home on fire, who's homeowners insurance responsible? Your homeowners insurance will pay. If the insurance company finds your neighbor negligent, your homeowners insurance company will subrogate. Subrogation is the substitution of one party for another. Insurance companies typically have subrogation rights, so if … [Read more...]
Are Central Station Reporting Alarm Systems a good investment?
If you are looking for a discount on your Homeowners insurance, installing a Central Station Reporting Alarm system could be one. These discounts can vary between insurance companies. The monthly service cost of a Central Station Reporting Alarm System usually runs around $20 per month / $240 annually. Usually, the discount on the homeowners’ policy does not exceed the … [Read more...]