Learn how the coinsurance formula affects your home insurance claim reimbursement, why maintaining 80% coverage is crucial, and see examples to avoid penalties.

Elizabeth Rivelli has nearly five years of experience covering insurance for finance publications. She has expertise in various insurance lines, including car insurance, health insurance, travel ...

Buying your first home is a major milestone. However, it comes with major financial responsibilities, including protecting your home with homeowners insurance. While many first-time buyers focus on ...

Homeowners insurance offers property and personal liability protection for unexpected emergencies. Mortgage lenders require ...

We evaluated 2,752 home insurance coverage details and rated 14 homeowners insurance companies by weighting key factors and using a data-backed methodology. We analyzed home insurance rates to ...