Homeowners insurance in Washington covers your dwelling, detached structures, personal property, liability, and loss of use for covered losses like windstorms and fire — but excludes the ‘big three’: floods, earthquakes, and landslides. In 2026, average premiums run about $1,100–$1,600 per year, influenced by credit history, wildfire risk score, and roof age. Do you need […]
Your homeowners insurance generally covers backyard accidents through personal liability and medical payments coverage — paying a guest’s medical bills and your legal costs if someone is injured. But high-risk features like pools and trampolines are ‘attractive nuisances’ that may require safety fencing or be excluded, so tell your insurer and consider an umbrella policy.
Does Your Insurance Cover Summer Pool and Backyard Accidents? Read More »
Yes — boat insurance covers theft and vandalism through comprehensive (non-collision) coverage, which pays for a stolen boat and trailer, theft of attached equipment like a GPS or trolling motor, and vandalism such as slashed seats or a spray-painted hull. Loose personal items like fishing gear usually need a separate personal effects endorsement. When you
Yes, luxury homes (generally those valued at $1 million or more) usually need specialized insurance. Standard homeowners policies don’t account for high-end custom finishes, unique amenities, or the higher-risk locations luxury homes often occupy. Luxury home insurance adds features like guaranteed rebuild, contents replacement cost, high liability limits, and risk consulting. Are you considering purchasing
Washington’s increasingly extreme weather — wildfires, severe storms, and earthquakes — is driving home insurance rates up as insurers face larger, more frequent losses. The average homeowners claim was about $13,955 in 2022 (over $77,000 for fire). You can lower rates by hardening your home, improving drainage, firescaping, raising your deductible, and shopping around. See
How Washington’s Weather Impacts Home Insurance Rates Read More »
Yes — in Washington, if your lease requires renters insurance, your landlord can legally evict you for not maintaining a valid policy. Landlords require it to shift certain liability and damage risks onto the tenant’s coverage. Renters insurance protects your belongings, liability, medical costs, and living expenses — not the landlord’s own property. It’s estimated
Can I get evicted in Washington for not having renters insurance? Read More »
An insurance book of business is the full record of an agency’s past and current clients and their policies. To value one, agencies commonly multiply annual commission revenue by about 1.5 for a rough estimate, or use the more accurate EBITDA-multiplier method. Valuations matter for selling, merging, or strategic planning. Are you wondering how to
In home insurance, replacement cost is what it would take to rebuild your home today, while market value is what the home would sell for. They’re often very different — market value reflects location and economic conditions, while replacement cost reflects current materials and labor. Most homeowners should insure to full replacement cost so a
Understanding Replacement Cost VS. Market Value in Home Insurance Read More »
Standard homeowners, condo, and renters policies usually cap coverage for jewelry, art, and collectibles at just a couple thousand dollars — a low sub-limit on high-value belongings. To fully protect them you need jewelry and valuable items insurance (a valuable personal property policy), which offers ‘all-risk’ coverage — even for lost or mysteriously disappeared items
How to Insure Valuable Art, Jewelry, and Collectibles in Your Home Read More »
First-time home buyers in Post Falls, Idaho should start with a standard HO-3 homeowners policy, which covers your dwelling, other structures, personal belongings, liability, and loss of use against covered events like fire, wind, and theft. Floods and earthquakes aren’t included and require separate policies. Are you a first-time homebuyer? When you’re purchasing your first
Insurance Guide for First-Time Home Buyers in Post Falls, Idaho Read More »
