Top Questions To Ask Your Insurance Agent

Insurance is a great way to protect your assets and ensure you have protection in case of an emergency. It’s also a way to keep track of changes that may affect your coverage. It’s important to choose an insurance agent who specializes in the type of coverage that you need. For example, if you own a small business, a commercial insurance agent will have a different set of policies to help protect your business from the risk of fire, theft and accidents than an agent who only deals with home and auto coverage.

Different Types Of Home Insurance plans

Home insurance plans vary by insurer and by the type of property you own. Most homeowners policies cover the structure of your home, personal belongings and liability protection. You can also buy additional coverage for things like your shed, gazebo or barn. Most policies have a dwelling coverage amount that equals what it would cost to rebuild your house after a covered loss, but you can add more if needed. A few companies also offer a more customized home policy that lets you choose your other structures, personal property, and loss of use protection. These can be based on the rebuilding costs of your home or by the actual value of your items.

Reasons To Review/Change Home Insurance Plan

There are many reasons that homeowners should periodically review their home insurance. For one thing, the needs of their family and other living situations change often. Life events like getting married, having a baby or moving to a new location can trigger an insurance reevaluation. A significant change in your driving habits, whether it’s a full-time job change, or an increase in your commute time, should also trigger an insurance reevaluation.

Starting A New Roofing Project

If you are planning to replace the roof on your house, it is important to discuss what kind of coverage you will need before the project begins. Ask about general liability and workman’s compensation insurance policies. This will protect you from the costs of accidents and injury that occur on your property. It will also help ensure that the roofer can be held accountable if anything goes wrong.

Deductables

Deductibles are a key component of your home insurance plan. They help you budget for repairs as they happen and limit your out-of-pocket costs if you need to file a claim. Typically, standard policies suggest deductibles in increments of $500 or $1,000, but you can also choose a higher fixed dollar amount if that makes more financial sense to you. You can also opt for percentage deductibles, which are similar to dollar deductibles but are based on a percentage of your policy’s Coverage A value (typically your home’s insured value). Percentage deductibles are generally required in areas that are prone to hurricanes and earthquakes or are susceptible to severe windstorms.

Blue Peaks Roofing LLC

Blue Peaks Roofing LLC is a roofing contractor that specializes in insurance roof repair and replacement. We have been in business for over 15 years and are dedicated to providing homeowners with quality service and superior workmanship. We also provide a variety of other services, including siding and gutters. Contact our team of roofing professionals today for more information about us and how we can assist you with your next roof project!