Insurance Archives - KilGO Insurance Agency Skip to main content
Category

Insurance

Does Homeowners Insurance Cover Water Damage?

By Insurance, Personal Insurance

In life, there is no worse place to be than when you feel like the ground beneath your feet is being swept away. These are those times when things you took for granted or the progress you made in life is suddenly obliterated, and your life as it existed, suddenly dematerializes before your eyes. But it is for times like these that insurance companies exist. And although there is no way of escaping the emotional turmoil of a distressing event, insurance helps to ensure that, to a large extent, you don’t have to worry about the cost of replacing material…

Read More

What Kind of Insurance Do I Need for My Rental Property?

By Insurance, Personal Insurance

For the same reasons that rental property mortgage is different from primary mortgage, insurance for a rental property is also different from insurance for an owner-occupied home. A rental property presents more risks to both lenders and insurers than a home where the owner of the home lives in it. Due to the unique risks associated with renting out a home to tenants, the type of insurance needed for a rental is different from what is needed for a home you live in. Furthermore, a rental property is a business, and like all businesses, it is exposed to threats. There…

Read More