Your home is likely the most valuable asset you own, your homeowner insurance policy should reflect its importance by insuring to full value. We encourage you to discuss and review your coverage annually, we’re here to help.
If you have moved, or tenants have vacated, you will require some changes to your insurance policy and coverage. Many times owners of a vacant property may not realize the need to advise the insurer, but in reality, this is a significant change to the conditions of your existing insurance coverage and has a major impact regarding the risk involved.
The fastest time in history for men running the 100 meters is 9.59 seconds held by Usain Bolt of Jamaica in 2009, the fastest speed ever recorded for a two-seat sports car happened on February 14, 2014 at 270.49 mph (435.31 km/h) in a Hennessey Venom GT supercar, but more importantly, as all parents and students are painfully aware - the fasted period of time ever experienced by anyone are the months of summer vacation. The end of summer is near!
Consider who is responsible for an accident when accepting an automobile for repair at a local garage. As the mechanic completing the work you have taken responsibility for care custody and control of the vehicle. Various repairs may require that you take that automobile for a test drive to determine the problem and again once the work is completed, but what if during that test drive you are involved in an accident with the vehicle?
The politically correct answer to this question may very well be that it depends. We realize that does not provide much of an answer or clarification if you really are questioning who your home insurance policy does cover or include to be insured under that policy.
Your home is likely the most valued asset you own, and because of that, we believe that every policyholder should insist that their insurance company inspect what they insure. It has taken some insurers and homeowners years to realize the value of home insurance inspections.
Every insurance company has been witness to the loss of a family home, it is an absolutely horrific ordeal of devastation and emotion that the family is forced to endure. Although your first instinct may be to extinguish the fire, it is important that everyone knows what do when a fire becomes uncontrollable. Your family members have only a matter of minutes to safely escape the fire and smoke before it consumes the house. You must have a plan in place!
If you rent an apartment, duplex or an entire home you need tenant insurance coverage. The reason is quite simple, to provide protection against the loss of your personal property and to offer the reassurance to your landlord that you have liability coverage should your negligence result in damage.