Posts Categorized: Homeowner’s Insurance

3 Events that Impact Homeowners Insurance

3 Events that Impact Homeowners Insurance

Let’s examine the major events that impact homeowners insurance. Shopping for a home can be exhausting as you research neighborhoods, tour homes, apply for a loan, negotiate the purchase price, organize inspections, and wade through a seemingly endless stack of paperwork. You also need to select an insurer and homeowners insurance policy. This is critical,… Read more »

Preventing Fires in Clothes Dryers

Preventing Fires in Clothes Dryers

Did you know that clothes dryers are a leading cause of household fires? According to the National Fire Protection Association (NFPA), local fire departments respond to an estimated 15,970 home fires involving clothes dryers or washing machines each year: 92% of these fires involved the clothes dryer, while combination washer/dryers accounted for 5% of the… Read more »

Misconceptions About Insurance Coverage to Market Value

Misconceptions About Insurance Coverage to Market Value

Let’s compare insurance coverage to market value. The biggest misconception policyholders make when evaluating if their home has proper coverage is using market value as a cost basis. Reconstruction cost is the cost to hire a contractor to replace the home as it is, using materials and design of similar quality. This amount isn’t the… Read more »

Preparing Your Home for Strong Winds

Preparing Your Home for Strong Winds

Strong winds are one of the most destructive forces in nature, capable of destroying hundreds of miles of property with violent gusts that can exceed 100 mph. But it’s not just 100-mph winds or hurricane-like conditions that can cause damage – even gusts that are much less severe can knock out power or cause damage…. Read more »

Proper Landscaping Protects Against Insurance Claims

Proper Landscaping Protects Against Insurance Claims

Let’s look at how proper landscaping protects against insurance claims. Landscaping can have numerous benefits. It beautifies your property and can add to the curb appeal and resale value of your home. It also can provide great physical exercise and a connection with nature if you do it yourself. However, whether you rely on your… Read more »