Do you own a pool or a trampoline? What about both? How do pools and trampolines expose you to lawsuits? Let’s make sure that summer fun doesn’t end in tragedy.
Should you have separate coverage to insure jewelry and other valuable items? We’ll consider a few things, such as what coverage is automatically included, what isn’t, and thoughts on risk tolerance.
If you own a home, you’re familiar with how much renovations and repairs can cost. Whether you’re renovating your kitchen or having routine repairs or maintenance done, there are risks involved. Protecting your property and your assets is an important part of planning, but not something you always think of.
If you had a fire in your home, where would you want to go to replace your things? I’m talking about your clothes, furniture, and electronics. I ask the question because depending on how your personal property insurance values your things, you might only get fully reimbursed if you go to Good Will.
Our area is host to some extraordinary homes built as far back as the 1600 & 1700’s. These homes have character that only time can build. These homes were also often built with stone and in a manor that’s hard – and expensive – to replicate. If you’re wondering why older homes cost more to insure, this is part of the answer. Some of the other reasons for increased premiums include older or outdated systems and the potential presence of existing but undiscovered conditions that could lead to a loss. We’ll examine these factors – and your options – below:
Home insurance coverage can differ from policy to policy depending on a multitude of factors. Being aware of these factors that affect your premium can ensure that you are appropriately covered. We’ll review here some of the major factors influencing your home insurance premiums.
Your Personal Information
Your credit history, claims history and marital status can all contribute to your premium costs: