Do you know the mysteries that lie within the pages of your homeowner’s insurance policy? Unfortunately, many homeowners don’t.
There are several reasons for this. Many homeowners only review their policies when they are either purchased or a potential claim may be made. It may be years before a homeowners’ policy is even looked at again. That means many of the provisions are either forgotten about or inadequate. Getting a homeowner’s insurance policy review can uncover these mysteries Here are a few.
Do You Have Flood Insurance?
Some believe flood insurance is a basic part of any home insurance policy and that is just not true. Flood insurance is separate coverage under the auspices of FEMA and must be secured above and beyond your basic policy. Your independent insurance agent can help you acquire flood insurance on your home.
If you haven’t reviewed you home insurance policy in five, ten, fifteen years or more, it may no longer provide the coverage you thought it did. An insurance review can help you determine if your limits are still adequate.
Updates to Your Property
You likely have made improvements to your property over the years and some of those changes may impact your homeowners insurance. Perhaps you added a room, deck or sunroom. You may have constructed a fence, outbuilding or added a pool. These changes may add to the value of your home, and, in some cases, (like the pool) may increase your liability risks. Again, a homeowners’ insurance policy review can help update your coverage.
The bottom line is that homeowners’ insurance policies often go forgotten, until they are needed. By then they may not provide the coverage you thought or need. This is why it is worth the effort to contact one of our independent insurance agents to get a no cost, no obligation review. If you don’t need an update, terrific. On the other hand, we may discover ways to improve your coverage and even save you on your home insurance premiums. If you wait, you just may forget again! Contact us for your review today!
Do you have questions about your insurance? Find an insurance agent near you with our Agent Finder
Search for a local agent with our agent finder map.
Read more about KayLynn's background.
Downsizing is Tough, But an Important Step to Take…For Your Adult Children
If You Are Just Buying a Car Based on Price, You may Be Overpaying
It Doesn’t Take a Major Investment to Make Your Home More Secure
Some of the Family Games We Play Have Interesting Origins
Is Your Small Home-Based Business Guilty?
What Are the Ingredients for Your Life Insurance Program?
Ford’s invention of the assembly line made cars affordable for millions of Americans. Read some interesting car production facts you may not have known.
Moving used to just take a pickup truck, some friends and pizza and beer. That may just not be enough anymore.
Many US City Names Have their Origins in Common
Are Traditional Business Plans Still Viable?