Homeowners don’t always review their policies until they have a claim. Only to discover that their coverage isn’t what they expected. That is why it is critical to understand what you are paying for. We believe it is important to understand what you are purchasing. So let’s start with this overview.
Here are a few of the coverage you need to consider. So what’s in your policy?
Are you covered for flood loss?
Most basic homeowner’s insurance policies exclude flood coverage. A separate flood insurance policy is required, which can be acquired through the National Flood Insurance Program. Your agent can assist you.
Do you know your deductibles?
You will be responsible for a deductible if your house and goods are harmed in a covered loss. Your agent can tell you the amount if you don’t know.
Do you have ACV or replacement cost coverage?
Actual Cash Value (ACV), which reflects depreciation, and Replacement Cost (RC), which is what it costs to replace the item today, are the two ways claims are settled. Ask your agent if you’re not sure what you have.
Have you considered a personal umbrella policy?
Umbrella insurance is a type of personal liability insurance that covers claims in excess of regular homeowners, auto, or watercraft policy coverage. Get a quote today.
Our agents will give you great service and the products you require, whether you need to safeguard your car and home, want insurance for the contents of your apartment, or need a general umbrella policy for peace of mind. We take satisfaction in providing personal insurance coverage that safeguards your most valuable possessions. We want to make sure that your insurance coverage covers your most important people and resources.
With an independent insurance agent, you have choices. Independent agents are not tied to any one insurance company. One of the advantages of using an independent agent is that he or she works to satisfy your needs. You are using an expert for an important financial decision.
An independent agent has several companies that he or she can approach to get you the best coverage at the best price. And your independent agent will know the companies with the most efficient claims departments to recover your losses as quickly as possible.
When you buy insurance, whether it’s for your home, your car or your business, you want an advocate who will properly assess the risks you face and give you an objective analysis of the marketplace, it’s up to you to make the final choice.