While artificial intelligence (AI) technology has made mortgage underwriting and insurance claims faster and easier, it could also unintentionally discriminate against protected classes. The Casualty Actuarial Society (CAS) this year acknowledged “the potential impact of systemic racism on insurance underwriting, rating and claims practices” in four research papers examining the Read More …
Renters across the country are feeling the brunt of housing inflation. Nearly 60% of renters said their rent increased in the past 12 months, according to a Freddie Mac survey of 2,000 Americans conducted in June and given exclusively to Yahoo Money. Nearly a third Read More …
Homeowners insurance protects your dwelling and your personal belongings, and offers personal liability coverage for injuries that happen on your property. It can also provide additional living expenses if you need to temporarily relocate. Renters insurance has personal property coverage if your belongings are damaged Read More …
Renters insurance is a type of homeowners insurance, known as HO-4, that protects renters’ belongings from a fire, storm, or theft. Your landlord has insurance that covers the building and structure, but your belongings inside the rental unit are your responsibility. What is renters insuranceThere Read More …
Renters insurance protects your belongings and offers liability coverage for injuries that happen on your property. It also offers relocation costs if you are temporarily forced out of your rental through “loss of use” coverage. If your pet bites a guest or someone is injured Read More …
Renters insurance is a type of homeowners insurance that replaces your belongings if they’re damaged or stolen and protects you from personal liability if you are sued for injuries someone had in your rental. Renters insurance only covers damage to your personal belongings, but damage Read More …
Renters insurance protects both you and your personal property. There are two main coverage areas of a renters insurance policy: personal property coverage and personal liability coverage. Personal property coverage is the most well known feature of renters insurance. If your belongings are stolen or Read More …
If you have roommates or are considering roommates, every roommate should have their own renters insurance policy. Your landlord may even require that each person on the lease has renters insurance. College students living in dorms may be covered under their parents’ homeowners insurance. However, Read More …
Most homeowners and renters insurance policies are named peril policies, meaning you’re only covered for perils that are explicitly named in your policies. Named peril coverage includes 16 perils, such as fire and lightning, windstorm and hail, and freezing. But what about damage that makes Read More …
Renters insurance is a type of homeowners insurance that replaces your belongings damaged or stolen. Your landlord has insurance that covers the building and structure, but your belongings inside the rental unit are your responsibility. The biggest component of renters insurance is replacement of stolen Read More …
Renters insurance is a type of homeowners insurance that replaces your belongings if they’re damaged or stolen. Your landlord has insurance that covers the building and structure, but your belongings inside the rental unit are your responsibility. The biggest component of renters insurance is replacement Read More …
Renters insurance protects your personal property and you. There are two main parts of coverage to a renters insurance policy: personal property coverage and personal liability coverage. Personal liability coverage protects renters if their pet injures someone or damages someone’s property. However, exotic pets and Read More …