Most people take their home's foundation for granted. They don't even think about it until they notice water puddling on the floor in areas with no plumbing. When it gets to that point, you may have serious issues that need to be addressed as soon as possible. If you're tempted to file an insurance claim to cover any potential damage, you may want Read More
How Does Insurance Work for Tornado?
Tornadoes are common in the midwestern and southern United States, causing expensive damage. Usually, insurance in tornado-prone states costs more due to the higher risk to insurers of massive claims. Here are important facts to know about home insurance for a tornado. Will damage caused by a tornado be covered by renters or home Read More
How Can I Reduce My Home Maintenance Cost?
8June,2022
By Hoffman Brown Company | home maintenance, Home Maintenance Cost, home maintenance tips | No CommentsEvery homeowner must face home maintenance issues at some point. Appliances weren't designed to last forever, and materials used to build homes degrade over time. Here are essential tips to know for reducing home maintenance costs. 1. Learn your property layout One of the most important keys to efficient home maintenance is to know the layout Read More
The Best Mortgage Plans for a Potential Homebuyer
To identify the right home loan for you, you'll want to assess the terms associated with some of the best mortgage plans on the market. It's going to be a long-term financial commitment, so you should carefully assess your obligations vs. needs and budget. What is a Mortgage? A mortgage is a home loan and usually has these key attributes: Read More
5 Tips for Finding Affordable Property Insurance in a Fire-Prone Area
Insurance companies typically determine the cost of coverage based on the risk level involved. That’s why it is not unusual for them to charge high premiums on property insurance for homeowners living in fire-prone areas. To give you an idea, the annual cost of fire insurance in California increased from $20,000 to $200,000 in the third quarter of Read More
Renters Insurance Coverage 101: What You Need to Know
31March,2022
By Hoffman Brown Company | personal liability security, property damage, Renters insurance tips | No CommentsWhile landlord insurance coverage covers damage resulting from perils like hail, wind, or fire, it only covers the cost of fixing the rental unit and replacing any property that belongs to the landlord, such as the furniture in a furnished apartment. In other words, the policy typically excludes the tenant’s personal possessions as well as personal Read More
How the Rising Construction Costs Will Affect Home Insurance Rates
23September,2021
By Hoffman Brown Company | business property, Construction Costs, Home Insurance Rates, Property Owners | No CommentsFor the most part, the cost of construction directly corresponds to homeowners insurance rates. The pandemic wrought by COVID-19 has led to a massive rise in construction costs. With the soaring costs, homeowners may be forced to pay more for insurance coverage. Analysis of Constructions Costs The restrictions and supply chain disruptions that Read More
How Water Damage is the Top Cause of Loss
Do you know what’s one of the most common types of homeowners insurance claims? It’s water damage. Perhaps that’s not surprising when you consider that pipe bursts and broken appliances happen to just about every homeowner at some point. What’s more, these events are costly – more so than people may realize. According to Chubb Personal Risk Read More
Home Warranty vs Home Insurance – What Are the Differences?
Having a place to call your own is a dream. Protecting this valuable asset that you worked hard for is not just smart but essential. As a homeowner, you may know you need home insurance but have you thought about a home warranty? Do you know the differences between the two and what you need? What is the difference between a home warranty and Read More
Insurers Extend Time for 2017 CA Wildfire Victims
12December,2019
By Hoffman Brown Insurance | Insurers Extend Time for 2017 CA Wildfire Victims | No CommentsThe Latest About the 2017 Wildfire Claims Since October 2019, twenty-six insurance agencies have agreed to extend the time limits for the 2017 wildfire survivors to access their additional living expense benefits. The companies represent a majority of the total losses from the incredibly destructive and distressing wildfires in 2017 that Read More
