Insurance Awareness Day

6/28/2019 (Permalink)

Friday, June 28^th is Insurance Awareness Day.  Make an appointment today to sit down with your insurance agent to ensure you have the coverage you need should disaster ever strike your home or business.  All too often we deal with customers who are disappointed to find that their Homeowners Insurance Policy does not adequately cover their losses.  The two problems we see most often are:

1. No Coverage for a Sump Pump Failure. In most cases, a standard homeowner’s insurance policy does not provide coverage for water damage caused by sump pump failure.  However, this type of coverage can be very affordable and can easily be added on to your standard homeowner’s insurance policy in the form of what’s called an endorsement.  When this type of endorsement is active, it provides for coverage of property damage caused by water that has managed to back up and into your home from pipes, sewer systems, drains, sump pumps, water service, or any additional system that transfers fluids to and from your home.   
2. A Low Emergency Services Limit. All too often we see homeowners with a $2,500 - $5,000 Emergency Services Limit.  And unfortunately, this is not enough to cover the average water loss.  It may be enough to dry your basement or home to prevent secondary damage from mold and rot.  But it often leaves no money left over for rebuilding your basement or home and restoring it to its original state.  In order to restore your home and make the loss "Like it never even happened." we recommend at least $20,000 for Emergency Service Limits. 

Make an appointment today to talk to your insurance agent about these 2 important things.