After all the hard work you’ve put into your home, you want to know that it’s covered correctly. Whether you’re a first time homeowner, or you’ve invested in your home for years, we want you to rest assured that your home value is secured.
With the help of our local agents, we want to give you the certainty that you are prepared in the case that an event should occur.
Your dwelling coverage is in place to guard the very structure of your home. When determining the coverage limit for your home, consider the difference between Replacement Cost and Market Value. These two values may be different, and that’s why it’s importance to know how they differ.
While the housing market and your geographic location affects what you pay for your home at market value, the actual amount that it costs to replace your dwelling is the replacement cost of your home. If a weather event or unforeseen incident were to occur, insuring your home to Replacement Cost would give you peace of mind that the home you had could be replaced.
Insuring your home for less than your Replacement Cost will not save money in the long run if you don’t have enough insurance to replace your home. Opt for certainty and make certain that the home you’ve invested in is covered correctly.
Not certain how to assess the structural value of your home? One of our local agents can help you determine the coverage you need!
Structures that are on your property and detached from your dwelling, like a detached garage, would fall under this coverage.
As storms and other unforeseen events affect more than your primary dwelling, look around your property to assess what needs to be considered for proper coverage.
Would you want coverage for your detached garage, shed, or fence? These and other permanently installed outdoor fixtures all need to be taken into account when making certain that your coverage limit adequately meets your needs.
When you look around your home, much of what you can see would classify as personal property. As your personal belongings are valuable to you, wouldn’t you want them to be covered for damage or theft? In evaluating what coverage limit is right for you, and to fully understand the parameters of your personal property coverage, reach out to one of our local agents!