I Bet Most of You Haven’t Looked at Your Homeowners Policy In Years!

I have been guilty in the past also! Because our premiums are factored into our mortgage payment and in most cases paid by our mortgage holder we don’t think about it very often. However if you don’t get a review right away.. Shame on You! Here’s why:

Did you know that 60% of homes are either under insured, over insured or lack proper coverage? Is yours one of them? If you don’t know for sure you could either be risking a tremedous loss due to fire, theft, damage or personal injury OR be paying too much! No one needs to be spending an unnecessary dime these days.

There is a quick fix.. my friend and agent Danielle Martin with State Farm Insurance 919-548-5616 can give you a quick no obligation review of your policy. It will only take a few minutes and can save you hundreds if not thousands in the long run.

Here are a few tips for you: These are things to be aware of that can effect your coverage:

–Has your property value gone done but you are still paying for the same amount of coverag?
–Named insured not the same as the owner on the deed. If the homeowners coverage is written for someone other than the owner of the property, the insurance company can deny coverage. This might happen if a property is transferred to a family member without notifying your agent.
– Running a business on the premises. This could invalidate your coverage for buildings used for business. Also you may not have proper coverage for your equipment, inventory, and liability exposures.
– Vacant houses. Depending on your company, there may be clauses in your policy that cut your coverage if the house is vacant.
– ATVs, recreational vehicles, snowmobiles, golf carts, boats. These types of vehicles have limited or no coverage in the typical homeowners policy. Even a lawn tractor may not be properly covered if you use it off premises.
–Do you have enough coverage to rebuild? Home values have gone down,but rebuilding costs continue to rise. Make sure you have enough coverage, or see about a homeowners form that doesn’t require full coverage.
–Remodeling or improving your property
– Have you purchase jewelry,furs, art?

It only take a few minutes to make sure the most valuable assest most of us have our  property insured is insured. Don’t wait Call Danielle NOW before something happens!  919-548-5616

I hope you find this information helpful. In addition to helping you with your real estate transactions we want to help you with all aspects of your life and help you either stay or become Health Wealthy and Wise

If you  need help with a mortgage contact Steve Thorne  He can tell you all you need to know about refinacing or qualifying for a mortgage

If you want to buy or sell a home or know someone that does Contact US  we have 16 years of experience in this area and can help you achieve your real estate goals! 9192496505