How to Change Homeowners Insurance in 7 Simple Steps
Here's everything you need to know about switching your homeowners insurance. If your home insurance…
Tag: homeowners insurance policy
Extra Coverage Documentation Made Simple
Scheduled property coverage (or Extra Coverage, as we call it at Lemonade) requires some simple…
Effective Date
An effective date refers to the exact date and time when your insurance policy will…
Co-op Insurance
Let's take a close look at an HO6 policy. Co-op insurance is protection for you,…
Additional Insured
An additional insured is a person you add to your policy because they live with…
Actual Cash Value
Think of actual cash value as the eBay price of used items. Think of actual…
Open Perils
Open perils is coverage for damages to your property - if something’s not explicitly excluded,…
Subrogation
Subrogation is when your insurer steps in to get money from a third party that…
Property and Casualty Insurance
This type of insurance will protect things you own (like your home or your belongings)…
Insurable Interest
Insurable interest means having a financial stake in a person, a home, or a piece…