Home Insurance 48085

Here is a short article about home insurance.

Troubleshoot home insurance

If you’re having trouble with your home insurance policy, check out these tips for troubleshooting.

Stay informed on trends

Does your home insurance policy cover damage caused by water? If not, you may want to include water damage into your policy. According to the National Flood Insurance Program, more than 10 million properties are at risk of flood damage each year. In addition, the cost of property damage from flooding continues to increase as more people and businesses relocate into flood-prone areas. Whether you live in an area that floods regularly or experience a one-time flood, it’s important to have insurance coverage for property damage. Here are some tips on how to protect your home against water damage: 1. Check your home’s flooring for potential water leaks. Leaks can cause serious complications if they’re not fixed promptly. 2. Insure your roof and foundation against potential water damage. A damaged roof or foundation can lead to major structural issues and costly repairs. 3. Equip your home with an emergency shut-off valve for plumbing systems and electrical systems in case of water intrusion. And remember to test the valves regularly! 4. Make sure your windows and doors are properly sealed against air infiltration, which can increase the chances of moisture build-up

Services could increase in cost

There can be no denying that service rates could increase if a catastrophic event were to strike. A recent study by the North American Association of Property and Casualty Insurers found that property insurance rates could move as much as 31 percent higher in states experiencing natural disasters. These types of events can cause widespread damage, which often requires repair or rebuilding. In some cases, these services may even have to be replaced altogether. This could result in an increase in your premiums. Make sure you are getting the best possible value from your home insurance policy by contacting one of our experts today. We can help you understand what services are covered under your policy and how likely they are to increase in cost should a catastrophe strike. Let us help you protect your assets and keep your costs low.