We are almost a month into hurricane season now. So, it's a good idea to make sure you have covered all of your bases with your home insurance and flood insurance policies. Below are a few questions to ask your agent to make sure you are properly protected.
Is My Home Insurance Policy Paid?
Life can get pretty hectic at times and it is easy to overlook things as mundane as making sure your home insurance policy was paid. Most homeowners have their policies paid by their mortgage company. And although this is typically safe and an automatic process, I have seen far too many policies not get paid due to mortgage company error over the years. It is not a bad idea to contact your Bruening Insurance agent just to make sure your policy is still in force. I always tell my clients that I would rather they were overly cautious than to assume all is fine.
Do I Have The Coverage I Want Or Need?
Oftentimes, people believe they have far more coverage than they really do have. Make sure you not only have the correct amount of coverage for your home, but also have suffiecient coverage for your belongings inside. And make sure any detached structures on your property have proper coverage as well. You may not be able to fully insure everything you own, but at least make sure you are getting the best available coverage. A quick chat with your agent can ensure you have the coverage you need.
Do I Have Flood Insurance?
Almost all home policies exclude flood damage coverage (rising water from outside). As we have seen these past few years even in areas labeled "non-flood zones", Mother Nature ignores man-made zoning. Just because your bank says you are no longer required to carry flood insurance, this does not mean that you are immune to flooding. Under the right/wrong conditions, anyone could experience flooding to their home. Do not get caught without this valuable coverage. Policies are typically $450 per year for $250,000 coverage on the home and $100,000 coverage on contents. There is a 30-day waiting period for coverage to begin though. So do not delay in seeking out this coverage.
Hopefully these tips will help you to make sure you have the coverage you need in a time of crisis. While none of us wish for hurricanes to come our way, we all know that in Florida anything can happen. Make sure you have done all you can to protect your home.