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Saturday, May 22, 2010
The Vanishing Homeowner's Insurance
From Fox News and WalletPop.
"It can happen unexpectedly. Maybe you took an extended vacation. Perhaps you placed your home on the market and moved into a new one. Or maybe you’ve gone into a nursing home temporarily. If you’ve moved out of your home for any reason – including renovation – your home insurance policy
may have moved out, too.
Unfortunately, a common clause in home insurance policies says that coverage is void on vacant homes – and you probably won’t realize your home insurance has vanished until it’s too late."
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