Social   Social
Logo
Phone(267)949-6330 
  • Home
  • Get A Quote
  • Products
  • Client Services
  • Our Companies
  • Claims
  • Our Team
    • About Us
    • Sales Team
    • Management Team
  • Contact Us

 

Home > Blog > 3 Reasons to Review Your Home Insurance Today
WEDNESDAY, JUNE 3, 2020

3 Reasons to Review Your Home Insurance Today

 

It's easy for people to get in the habit of paying their insurance bills without thinking much about them. After all, it's a rote statement that comes every month that you likely don't even look at. But there's danger in doing taking this approach because a policy was never meant to be a static document. By definition, it was designed to be ever evolving because nothing stays the same. We'll look at three reasons to review your policy today.

When You Upgrade the Property

The value of your home changes whenever you make a major upgrade to it. Whether you renovate the bathroom or add a second story, your insurance carrier needs to be kept up to date about everything from the materials you're using to the estimated expenses of the updates. When a property can take years for improvements to come together, not every homeowner realizes just how important it is to ensure that it's all covered should something happen to it.

When Your Possessions Grow

The first property you ever own likely took a major chunk of your budget. As you swallowed the expenses of everything from the down payment to the closing costs, there might not have been much leftover. Many residents tend to severely undervalue how many possessions they own. But between the jewelry, clothing, and high-tech gear everywhere, you likely have more than you realize. You'll need to increase the limits of your coverage if you want to replace it all in case it's destroyed in a natural disaster (or taken by an opportunistic criminal).

When You Want More Protection

There are certain things that aren't covered under standard home insurance policies. Events like earthquakes and floods are generally not a part of comprehensive coverage. If you don't' want to worry about what the weather will bring, you may want to add a rider to your policy. This specialized form of protection is perfect for those who want to match their insurance plan to their priorities.

If you're concerned about whether to review your home insurance policy, it's usually best to call your insurance agent and ask questions directly. The agent can tell you more about whether it's worth it to increase your protection and when you can leave well enough alone.

Source:  www.gotitc.com


Posted 10:14 PM

Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2015

  • insurance(6)
  • fall home maintenance list(4)
  • auto insurance(2)
  • homeowners(2)
  • condo insurance(2)
  • ho-6(2)
  • condo assessment(1)
  • rental car(1)
  • personal liability(1)
  • bonds(1)
  • drones(1)
  • a blockage in the sanitary main(1)
  • sewer back-up: aging sewer systems(1)
  • life(1)
  • renters insurance(1)
  • combined pipelines(1)
  • tort(1)
  • motorcycles(1)
  • loss assessment(1)
  • nations insurance awareness day(1)
  • insurance agent(1)
  • dirt bikes(1)
  • event insurance(1)
  • liability coverage(1)
  • umbrella insurance(1)
  • drone liability(1)
  • graduation(1)
  • full tort(1)
  • insursance(1)
  • identiy theft(1)
  • umbrella(1)
  • rental car insurance(1)
  • jet skis(1)
  • vendor(1)
  • auto liability(1)
  • condo homeowner(1)
  • wedding(1)
  • limited tort(1)
  • tips at keeping my child safe for graduation(1)
  • destination wedding insurance(1)
  • identity theft insurance(1)
  • contractors(1)
  • life insurance(1)
  • jordan seiken(1)
  • broker(1)
  • independent insurance agent(1)
  • condo(1)
  • insurance waiver(1)
  • insurance waiver for rental car(1)
  • drone insurance(1)

View Mobile Version

Raving Fans

Thank you so much for all the time and careful explanation you shared this morning --- You are SO knowledgeable and well spoken!

I have alerted State Farm that I have found a superior company/policy. So, let's proceed with our plan to begin coverage on Monday, July 22!

Many, many thanks again, Julie!

Cynthia Pierce

Read More

Contact Us

  • Travelers Logo
  • Foremost Insurance Group
  • Safeco Logo
  • Chubb Logo
  • Pure Logo
  • Westfield Logo
  • Nationwide Logo
Social   Facebook

Helpful Site Links

Raving Fans Our Story Awards We Give Back BHHS Fox & Roach Accessibility Privacy Policy Terms of Use
Personal Lines Business Lines Signature Client Services Our Mission Careers Refer A Friend Disclaimer Glossary

Latest Blog Updates

Latest Blog Updates
All Posts
Powered by Insurance Website Builder