Insure To Value

By now you’re wondering, “What can I do to protect myself?” Here are a few tips to get you on your way to being fully insured. 

  • Look for a company who offers Guaranteed Replacement.
    These companies are far and few between and are very picky about who they cover, but they do exist.
  • Go to a competitor for a FULL quote.
    See what other companies are offering. Tell them you want to be fully covered in case of a total loss.
  • Have your insurance agent help you calculate the costs of rebuilding your home.
    They are the experts and deal with this every day. Rely on their expertise.
  • Insist on TOTAL home replacement.
    Voice your concerns and wishes. Do not let it go unsaid.
  • Insist on INFLATION GUARD.
    This will annually increase the amount of coverage you have by an inflationary calculation.
  • Insist on PERSONAL PROPERTY floaters.
    If you have specialty items or an extra-ordinary amount of personal property, make sure they are covered.
  • Insist on being told ALL products available.
    Ask if they have any additional products they could sell you as add-on’s to your homeowner’s policy. For example, some companies offer higher percentages for extended replacement, code upgrade, personal property and/or appurtenant structure coverage.
  • Be aware of coverage for appurtenant or “other structures”.
    If you have a detached garage, guest house, large retaining walls, long walkways, large sheds etc, you might be in need of additional coverage for these structures.
  • Increase the deductible to reduce the premium.
    If increasing your coverage is tightening your budget, get a discount by increasing your deductible. If you have a high deductible they know you won’t be turning to them for small “nuisance” claims.
  • After reviewing your coverage, write a letter of thanks.
    Nothing is more frustrating than knowing you asked for more coverage and not being able to prove it later. Write a letter of thanks to your agent for reviewing your coverage to make sure you are fully covered.
    CC the home office.

[You can download our handout HERE]

Inspirational Quotes

If I had a formula for bypassing trouble, I would not pass it round. Trouble creates a capacity to handle it.  I don't embrace trouble; that's as bad as treating it as an enemy. But I do say meet it as a friend, for you'll see a lot of it and had better be on speaking terms with it.

Oliver Wendell Holmes

Testimonials

Thank you, thank you, thank you! You were our guiding light in a very dark storm. If it wasn't for your sacrifice, knowledge, patience and just being there for us, I'm not sure we would've made it. God bless you for all you've done and continue to do for those who need a helping hand.

Witch Creek Fire Survivor, 2007