Home insurance is something every homeowner has. However, it’s often far more complex than what most understand. It isn’t a simple blanket coverage that protects everything. There are variations to home insurance and even additions designed to fill in the gaps where traditional home insurance doesn’t cover. The best way to understand home insurance is to dig a bit deeper into the lesser-known facts regarding the subject.
Dogs Can Help and Hurt Your Home Insurance Potential
Having a dog is a great way to bring instant companionship into your house. They can also help protect against potential intruders. However, it all comes down to the kind of breed you have. Some more aggressive breeds can actually increase your premiums, or even prevent some insurers from offering you home insurance, due to an increased liability risk. These liabilities include instances like a dog bite attack, even when on your property. It is important to discuss how any pets you currently have with your home insurance provider and how it might affect your insurance policy.
Home Inventory Is Critical
You need to know about the valuables stored in your home. This doesn’t only include jewelry, paintings, or other items of extreme value. This can also include purses, clothing, and other items such as an expensive pair of jeans that costs over $1,000. In the event of a fire or if your house is broken into, you will need a home inventory list of what you had and what was stolen or damaged.
Maintaining a home inventory will help you and your insurance provider create a personal property coverage amount. Think of this similarly to renter’s insurance, when items within the house are covered, not just the house itself. Some home insurance policies have this built in, while others require it as an add-on. It’s critical for you to know what is protected and what currently is not.
You Can Reopen a Clain
Once you receive reimbursement, you don’t need to accept the fact that you may not have received the right amount of money for the damages. Sometimes damages end up being far more than what you received as reimbursement. In these instances, you’ll want to contact your insurance provider and reopen the claim. This way, you can potentially receive further funding to pay for excessive damage.
When it comes to home insurance, there’s no such thing as too many questions. You need to know the ins and outs of your coverage, not to mention how it protects your home and what you should do if your home sustains any kind of damage. So if you have questions regarding home insurance, are interested in shopping around and comparing coverage against your current provider, or if you want to know more about policies and how it protects your home, now is the time to reach out and contact Absolute Choice Insurance today. Whether visiting their website or giving them a call at 407-344-4444, an insurance expert is standing by to help you.