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Insurance: Getting second home insurance can be more challenging and complex than for a primary residence. If you’re considering a vacation home on the beach, for instance, you’ll need flood ...
Swimming pools: Some home insurance providers may not issue policies to homeowners with swimming pools, while others may require specific safety criteria in order to insure the home. Depending on ...
Key takeaways. Homeowners insurance offers financial protection if your property is damaged by a covered peril. Home insurance usually covers your home's physical structure, other structures on ...
Purchasing a vacation home or secondary residence often seems like a dream come true. But before getting carried away in fantasyland, prudent buyers must do the legwork. Doing so helps ensure your...
In homeowners insurance, the 80 percent rule refers to the fact that most insurance companies require homeowners to insure their home for at least 80 percent of its total replacement cost.
A second home can also act as a buy-and-hold investment — real estate does tend to appreciate in value over time — and be a valuable asset to pass on to heirs.
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