Nobody wants to consider that their home could be destroyed by a disaster or fire. It is important to be prepared and confirm that you have the proper coverage to rebuild your home and replace your valuables. Determining how much insurance coverage you need and how the value of your home is determined can be challenging. Most insurance companies use the age of home, type of construction, square footage, claims history, location and deductible when rating for home insurance. Additionally, insurance scoring can be a rating variable based on additional factors such as:
Location (due to the potential for weather-related losses)
Replacement Cost (the amount that it would cost to rebuild your home)
This also includes costs for debris removal, and fees associated with the cost to rebuild, such as permits, contractors fees.
If you own a dog, the breed of dog
If you have a home-based business
If you own a Swimming Pool, Trampoline or Hot Tub
Your Proximity to fire hydrant and fire department
AssuredPartners is an independent agency and has access to many insurance carriers to compare coverage and premiums that can protect your most important assets. To learn more, visit AssuredPartners Personal Insurance.
Subscribe to keep up with the latest news
Don't miss our next blog post!
Sign up to receive emails about our blog posts, newsletters and webinars.
In homes around the country, costs continue to climb. Higher interest rates, severe weather events, and shortages in materials aren’t anywhere near average. Inflation remains a significant factor in...