With ever-fluctuating home values in Georgia, are you confident your home insurance policy limits are enough to cover the cost of rebuilding your home, should the unexpected happen?
The cost of rebuilding your house may be higher than the price you paid for it or the price you could sell it for today. As a homeowner, you need to protect your investment. The following tips will help you ensure you have the coverage you need—eliminating worry and additional hassles.
Whether you’re tired of renting or you’re moving to a new town, buying a new home can be stressful – especially in a big city like Atlanta. There are many diverse neighborhoods and various things to do around the city. You’ll feel like you don’t want to miss out on any of it!
However, there are numerous things to consider before you make that final step. To make the process easier, here are 12 tips for buying a home in Atlanta.
No home is immune to the risk of theft. Whether you’re looking to protect your home while you’re on an extended vacation or simply at the office for the day, it’s important to take precautions to help deter criminals from targeting your property.
Be sure to utilize these theft prevention tips to keep your home secure and help mitigate the likelihood of burglaries while you’re away.
Although it’s always important to purchase homeowners insurance to protect your investment, some homes are harder to insure than others. These homes, referred to as “hard to place homes,” are usually exposed to a large number or variety of risks. As a result, many insurance providers are more hesitant to provide coverage for them.
Keep reading to learn more about what makes a home “hard to place.”
Insurance policies are often filled with terms that can be difficult to understand, particularly for the average insurance buyer. Of these terms, “named perils” and “open perils” are some of the easiest to confuse. When it comes to understanding what their coverage entails and ensuring their policies are adequate enough to protect against the most common risks, homeowners need to have a basic understanding of how perils are used in their insurance contracts.
Insurance policies offer multiple plans that provide different levels of protection against liabilities and risks. But do you know what your insurance policy covers? It’s stated that 15% of homeowners don’t know what their policy covers and they don’t know where to check.
Therefore, it’s essential to have extensive knowledge of the appropriate add-ons, exclusions, limits, and so forth. The last thing you want is to file a claim and find out you weren’t as protected as you thought you were. Here’s what you need to know.
Homeowners insurance is probably not at the top of your mind when you’re about to sell your home in Georgia. However, overlooking the importance of homeowners insurance during the sale of your house may harm you in the long run. There are several home insurance risks that you should know about, such as leaving your old property uninsured before closing.
In this article, we’ll discuss the important role homeowners insurance has while you’re selling your home in Georgia.
Whether you’re planning to buy a new home or have already purchased it, you must have thought about homeowners insurance. Why is it significant, or how does it benefit you?
Let’s admit a house is one of the most valuable possessions you own. It needs guaranteed security. Homeowners’ insurance policies protect your home in many ways.
If you’re looking for homeowners insurance, you have come to the right place. This article includes everything from what homeowners insurance is, how much you need, and what to consider before purchasing a homeowners insurance policy.
Here’s your very own homeowners insurance guide.
When dealing with insurance, getting a concrete “yes or no” answer is often difficult. We say this because the insurance market offers various degrees of coverage. Moreover, each insurer, whether big or small, operates differently.
The same goes for sinkhole coverage in your homeowners insurance policy. While getting coverage for sinkholes on the property depends on the insurance company, you also need to take your state and city into account.
We say this because many homeowners invest in sinkhole insurance to ensure they’re covered. This especially applies to homeowners residing in regions that are notorious for sinkholes. Some of these places include Kentucky, Alabama, Pennsylvania, Texas, Florida, Tennessee, and Georgia.
Keep on reading to find out whether your homeowners insurance will cover a sinkhole and how you can protect your home.
Getting Atlanta home insurance might seem daunting, and even when you’ve got your insurance settled, you might be wondering if your insurance is “the right” coverage. Does your home insurance fit your situation? Having the right coverage for your house is essential – your house isn’t just the bricks and walls and roof, or even the walls, roof, and the stuff in it. There are a few questions that you can ask yourself to check your home insurance. We’ve put together a list of a few things you can include in a home insurance checklist.
The thing about home insurance is that you want to make sure that your house is insured for its replacement cost. That’s different than your home’s market value. Replacement cost is the amount it could cost to rebuild your house from the ground up if it were destroyed by something like a fire. If your house isn’t insured for its replacement cost, you might not have the appropriate amount of coverage for your house. Your insurance is the thing that can help you financially if something happened to your house, after all.
Your deductible is another consideration about your home insurance that deserves some thought. The deductible is the amount you agree to pay in the event of a claim. (Basically you pay the deductible and the insurance company pays the rest up to the policy’s limit.) The thing to take into account is that your deductible can have an effect on your premium. If you set a high deductible, you could see lower rates. So, if you are able to raise your deductible because you’re financially comfortable doing so, you could lower your rates. You don’t, however, want to set your deductible so high that it would be a catastrophe to pay if you have a claim. Anyways, check that your deductible is where you want it to be.
It’s also a good idea to make sure that you’ve taken a home inventory. You need the proper coverage for your personal belongings. So, check that you’ve got the proper coverage for your possessions. That also means that you’ve got coverage for any valuables in your possessions – for example, jewelry. Your home insurance could have a very low limit for jewelry, so you may been to adjust and account for that. Make sure you’ve got the proper coverage when you check your home insurance.
Your home insurance likely includes coverage for your liability. When you’re going over your home insurance, check that your coverage is sufficient for your needs. Liability can come from a lot of places. If you need more liability coverage, you can consider getting a personal umbrella policy.
When you check your home insurance, it’s not a bad idea to look over your homeowners insurance discounts. Those are an easy way to save money on your insurance. So – are you taking advantage of all the discounts you could be eligible for? Check and see if you’ve got your discounts straight. The savings can be great!
It’s also worth considering bundling your home and auto insurance. (That just means that you’re getting both types of coverage from the same carrier.) The thing is that you can also score savings by bundling. Don’t overlook the possibility of bundling – besides, it could be very convenient. So, check and see if bundling would be ideal for your situation. Anyway, bundling is definitely something to add to home insurance checklist.
It’s also important to make sure that you’re checking your policy regularly. Your coverage needs could change as time goes by and things change. Your coverage needs to fit your situation. If there are any big changes to your home or your life, you should let your agent know.
You might want to get insurance quotes for your Atlanta house if it’s been a while since you’ve seen what’s out there. By getting quotes, you can look at different options to make sure that you’ve got the right coverage for your needs – and the best price. It’s a good idea to get quotes to make sure that you’ve got Atlanta home insurance to protect your house at the best possible rate.
And if you need some help with that, our team would be happy to go on that quest with you. We like making home insurance easy and we like helping Atlanta homeowners save money on the coverage they need. You can get in touch with our team by filling out our online form, giving us a call, or messaging us on LiveChat.