Your home is likely your biggest and most treasured asset, it’s important that you protect it with the right homeowners insurance coverage. Such coverage gives you the resources that you need to protect the structure and contents of your home. However, it’s important to review your policy at least once annually. That way you’re able to update your policy to meet your ever-changing coverage needs. As you get ready to renew your homeowners insurance policy, check out these tips will help you review your coverage.
Protecting the Structure of Your Home.
When it comes to the physical structure of your home, it’s important that you have the coverage that you need to rebuild from the ground up. If you have done any upgrades or remodels throughout the year, always make sure to report them to your insurance agent. We use replacement cost tools to help determine your home’s building costs to rebuild from the ground up. Your dwelling coverage should reflect the replacement cost so you have adequate coverage in the event of a total loss. An annual review will help you avoid any coverage gaps in your homeowners insurance.
Keeping Contents Protected.
Not only does your policy give you protection for the structure of your home, but it also gives you coverage for the contents. You’re given coverage for your personal possessions. As you review your policy, ensure that you update your home inventory. By keeping track of your home inventory, you have a record of your belongings in the event of a loss. Additionally, ensure that you have enough coverage to protect your valuable items. In some instances, you need to schedule items for adequate coverage.
When it comes to your home, it’s important that you have the right insurance coverage. Review your coverage so that you can get the best homeowners insurance. For assistance with your insurance, contact the professionals at Fullhart Insurance Agency. Serving all of Waldport, Reedsport, Sisters, Tigard, Oregon, and the surrounding areas we serve all your personal and commercial insurance needs.