Can you use homeowners insurance money for something else?
Can you use homeowners insurance money for something else?
The answer is yes, technically, any leftover home insurance claim money is yours as long as the payout was used for its intended purpose and you didn’t do something shady like submit a false claim. Jan 21, 2021
Can you use homeowners insurance for something else?
You also risk not having future damage covered. If the unfixed damage causes more damage, your insurance company will deny future claims. However, any leftover money after the repair bills are paid can be used at your discretion unless specifically stated in your contract. Sep 9, 2021
Why is Lemonade insurance so cheap?
Why is Lemonade home insurance so cheap? Lemonade Insurance offers low prices potentially because of the structure of its platform. Groups of customers pool their premiums into one collective pot that is drawn from when a claim needs to be paid out.
