{"id":6,"date":"2018-04-17T02:00:00","date_gmt":"2018-04-17T14:00:00","guid":{"rendered":"https:\/\/www.parkerpreferred.com\/blog\/?p=6"},"modified":"2018-04-17T13:01:20","modified_gmt":"2018-04-17T19:01:20","slug":"5-important-things-you-didnt-know-about-home-insurance","status":"publish","type":"post","link":"https:\/\/www.parkerpreferred.com\/blog\/5-important-things-you-didnt-know-about-home-insurance\/","title":{"rendered":"5 Important Things You Didn&#8217;t Know About Home Insurance"},"content":{"rendered":"<p>Your home is not only your biggest investment but something you need to protect. Parker Preferred Insurance understands the importance of safeguarding Dallas, TX residents&rsquo; homes. Apart from providing coverage, we understand the importance of giving crucial information to customers.&nbsp;<\/p>\n<p>Here are five important things you probably didn&rsquo;t know.&nbsp;<\/p>\n<h2><strong>Standard Home Insurance policies&nbsp;<\/strong><\/h2>\n<p>Most home insurance policies have four components, namely:<\/p>\n<ul>\n<li>Structure coverage&nbsp;<\/li>\n<li>Personal property coverage&nbsp;<\/li>\n<li>Liability protection&nbsp;<\/li>\n<li>Additional expenses<\/li>\n<\/ul>\n<p><strong>Good Faith<\/strong><\/p>\n<p>Your insurance firm&#8217;s agents should always treat you in &quot;good faith.&quot; Besides, the company should honestly communicate with you about the home. However, you should willingly provide all valid information requested.&nbsp;<\/p>\n<p><strong>Verifiable Claims Process<\/strong><\/p>\n<p>You are not compelled to use the exact forms an insurer gave you to compile a contents list. The insurer can&#8217;t ask you to provide them with unrealistic proofs of loss. Besides, they should notify you on obtaining genuine claim-related documents whenever you need them.<\/p>\n<p><strong>Legitimate Investigation<\/strong><\/p>\n<p>Every home insurer should gather relevant information during a claims process. As a homeowner, you should cooperate with them when they give you reasonable requests. Also, you can request your insurer&#8217;s investigator to provide you with written questions. You are obliged to answer them in writing.<\/p>\n<p><strong>Extra Living Expenses<\/strong><\/p>\n<p>In case of a disaster rending your home uninhabitable, your home insurance provider may give you additional living expenses (ALE). Moreover, upon request, the insurer should give you a list of refundable ALE expenses. The ALE is paid upfront to help you settle after incurring a loss and on an &quot;as incurred&quot; arrangement when you submit document expenses and receipts.<\/p>\n<p><strong>Contractors&nbsp;<\/strong><\/p>\n<p>An insurer can&#8217;t force you to hire a particular contractor to rebuild or repair your property. They should also inform a homeowner in writing that they can select any certified contractor or repair company. They should restore your property to the trade standards which Texas law allows.<\/p>\n<p>If you reside in Dallas, TX or the surrounding areas, and you need home coverage, contact Parker Preferred Insurance.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Your home is not only your biggest investment but something you need to protect. Parker Preferred Insurance understands the importance of safeguarding Dallas, TX residents&rsquo; homes. Apart from providing coverage, we understand the importance of giving crucial information to customers.&nbsp; Here are five important things you probably didn&rsquo;t know.&nbsp; Standard Home Insurance policies&nbsp; Most home [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[5,6],"class_list":["post-6","post","type-post","status-publish","format-standard","hentry","category-home-insurance","tag-dallas-tx","tag-parker-preferred-insurance"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.parkerpreferred.com\/blog\/wp-json\/wp\/v2\/posts\/6","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.parkerpreferred.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.parkerpreferred.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.parkerpreferred.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.parkerpreferred.com\/blog\/wp-json\/wp\/v2\/comments?post=6"}],"version-history":[{"count":1,"href":"https:\/\/www.parkerpreferred.com\/blog\/wp-json\/wp\/v2\/posts\/6\/revisions"}],"predecessor-version":[{"id":7,"href":"https:\/\/www.parkerpreferred.com\/blog\/wp-json\/wp\/v2\/posts\/6\/revisions\/7"}],"wp:attachment":[{"href":"https:\/\/www.parkerpreferred.com\/blog\/wp-json\/wp\/v2\/media?parent=6"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.parkerpreferred.com\/blog\/wp-json\/wp\/v2\/categories?post=6"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.parkerpreferred.com\/blog\/wp-json\/wp\/v2\/tags?post=6"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}