It is important to review your homeowners policy at least once a year to make sure that items are added and that enough coverage is still provided by your policy. Even with inflation guarded policies it might be necessary to increase the coverage to protect you fully.
Whether you own a house, a patio home, townhouse or rent, our homes are one of our most important investments.
We can offer you:
- Many coverage's to protect you and your property
- Excellent Claims service
- Property insurance at an affordable price
A homeowner policy covers your personal property at values equal to 50 to 70 percent of the dwelling coverage. When the value of the things you own exceeds these percentages, additional coverage can be critical. If you collect art, have valuable jewelry or have other collectible items of great value, you might want to consider expanding your coverage to protect those items. A standard policy will probably insure your personal possessions at actual cash value, which is the value of an item at the time of a loss. To make sure you can fully replace them, you may want to add an endorsement for replacement cost coverage, which will replace the item with one of like kind and quality.
In the wake of a catastrophe such as a fire or tornado, it can be very difficult to create a list of all the things you owned. Now is the time to walk through your house and make an inventory of your possessions. One easy way to do this is to videotape the contents of your home. When finished, place a copy of the tape in a safe deposit box. Or make a copy of your tape or inventoried documents, and store them at a family member's home. Then, if the worst does happen, you'll have a record that can help in reporting to the insurance company possessions that were lost and need to be replaced.