Buying an older home can be appealing for many people. Older homes are usually found in established neighborhoods, have an abundance of character and are often one of a kind. However, hidden expenses could accompany all that charm.
When shopping for homeowner insurance, you may hear the terms “market value” and “replacement cost” multiple times. It’s important to have a grasp of the difference. They are not interchangeable.
The post Home’s value, replacement cost not interchangeable appeared first on The Cincinnati Insurance Companies blog.
The home health care industry continues to grow as more aging Americans prefer to stay in their homes as long as possible. While this may sound like great news, many home care companies throughout the country are struggling to keep up with demand.
Does your homeowner policy have sufficient coverage limits to help you recover fully after a loss and avoid incurring serious financial burdens? It’s a question many people don’t ask, and if they have a claim, it can leave them with unexpected expenses.
As Americans age, seniors are especially at risk of being injured by a fall. But it doesn’t have to be that way. Falls should not be considered a normal, expected result of aging. Nevertheless, they can be serious and costly for older adults.