Home Ownership May 16, 2022

Is Your Home Properly Insured?

I’ve been thinking about this a lot lately and when it became a topic of discussion at our office meeting this morning I decided it’s time for a PUBLIC SERVICE ANNOUNCEMENT‼️

I’m not talking about disaster or actual emergency preparedness in your home… although that’s important too. What I’m talking about is all this value you’ve gained in the last few years…
If your house were to burn down tonight or flood from a plumbing leak, is it properly insured? You want to make sure you’d be able to replace it and wouldn’t lose out on the equity you have in your home if it became worthless overnight! So here’s your to-do list:

  • Ask your insurance professional when the was the last time they updated your coverage amounts.
  • If your insurance professional hasn’t kept your values fairly up to date on their own initiative consider making a switch- I have some wonderful insurance agents that would love to give you a quote!
  • Ask me or your trusted real estate advisor for an accurate value to update your policy with!
  • Revel in the equity you’ve gained and let me know if you’d like to chat to strategize your next goals in real estate!