 Image by Jossué Trejo from Pixabay Over the last year or so we’ve done posts on insuring your home, mobile home and even a vacant home. We’ve discussed binding restrictions and scheduled personal property as well as policy deductibles, endorsements and possible discounts.
One thing we haven’t discussed is a Builder’s Risk and/or Builder’s Risk Renovations policy. If you’ve been talking to a bank or mortgage company about financing the construction of your home, you may have been told you’ll need a Builder’s Risk policy and wondered what in the world that is. We’re here to help!  Image by mohamed Hassan from Pixabay Purchasing a new home can be fun and exciting, it can also be fraught with fears, insecurities and too many things on your ‘to do’ list. Many people get all caught up in the excitement and forget one of the most important aspects of buying a new home–Insuring it!–then, in a panic, accept the first quote they receive, not understanding the basics of a home insurance policy.
Don’t be one of them. Whether you think of moving as a grand adventure or one of the most stress-filled undertakings you ever endure, changing locations is something many of us do at least once in our lifetime. We’ve compiled a few tips to help you transition a little more smoothly.
Nearly every day in the news we hear of a disaster involving fire. Whether wildfires raging across thousands of acres or a single-family dwelling engulfed in flames, this kind of news leaves us feeling vulnerable and helpless.
We’ve experienced colder-than-normal temperatures here in SW LA, many days bordering on frigid, therefore fire safety comes to mind. We mentioned a few tips in our Holiday Safety Tips article like checking the batteries in your smoke and carbon monoxide alarms and unplugging electric heaters, but let’s see if there are other things important to fire safety we can share with you…. As we move into a brand new year, many people take this time to reevaluate their lives and set goals for the upcoming twelve months. When compiling information and creating your lists of things to do, check, and repair or replace, add Review Insurance to your list.
Here are some things to consider when you schedule an appointment with your insurance agent and/or financial advisor..... Much like home insurance, a mobile home policy insures against losses from fire, windstorm, hail and other standard perils.
Let’s look at a few differences in a Home and Mobile Home Insurance policy…. You’ve purchased your homeowner policy, documented all your contents and personal property and you feel good knowing you’re protected.
Then you have a loss and find your priceless artwork, firearms and electronics are not covered to their full value. Little did you know, but you should have had a Scheduled Personal Property endorsement to cover these items. In this article, we’ll talk about the categories of personal property and the special limits of liability that are on each on a standard homeowner policy. You’re not quite ready to buy but anxious to be out on your own, and have finally found the perfect place to rent. Your lease agreement says you must maintain ‘Renters’ or ‘Contents’ insurance. You call your agent and purchase the coverage, but don’t fully understand what you’ve got.
Renters or contents coverage offers many of the same features as home insurance. Hopefully you’ll get a better understanding of your policy from this post. |
Tommy Curtis
Is an insurance agent with integrity and your best interest in mind. Call to speak directly to him. Contact us Phone: 337-433-1683 Address: 509 7th Street Lake Charles, LA 70601 Office Hours: M-F 9a - 5p (CST) Follow Us
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