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Why you need to review your insurance policy annually.



If it has been more than a year since you reviewed your home's insurance policy, now would be a great time to schedule an appointment with your insurance agent. If you made any of the following changes since it could influence your coverage.
*You had a change in marital status.
*You adopted a pet. Certain dog breeds categorized as “aggressive” could make your policy ineligible for renewal.
*You remodeled your home. Many homeowners are surprised to learn that their policy is outdated and does not provide sufficient coverage to rebuild their existing home. Changes in construction costs can vary from year to year, upgrades to a kitchen or bathroom, new kitchen appliances, or updates to a basement can all affect the cost to repair or rebuild your home. For example, new finishes in your kitchen can change your existing kitchen from "standard" to one that's considered "semi-custom" or "custom." Since insurance companies replace lost items with "like kind and quality," it is important to estimate the full cost of replacing finishes, appliances, electrical systems and plumbing systems in determining your coverage.
*You upgraded your outdoor living space. Installing a new sprinkler system, a larger storage shed, or buying a substantial backyard grill are outdoor changes that may require a homeowner's policy upgrade. From an insurance perspective, installing a new pool or hot tub may increase your risk and liability which would require additional insurance.
*You started a home-based business.
*Don't forget to inquire about insurance discounts. You may qualify for a discount if you installed a security system, a smoke alarm, hail-resistant roof, or hurricane windows. Additional discounts may apply if you insure both your car and home through the same provider, if you don't have any claims, or if no one in your household is a smoker.

Honesty Guard Homewatch offers a layer of protection to your non-rental seasonal home through comprehensive home assessments, and we aim to keep you informed. Your home is our priority!

📞 ✉️ CONTACT ME TODAY to discover how we can help you manage your South Walton Beach non-rental seasonal home and discuss which of our service plans best suits you.

Rhea Ross
Honesty Guard Homewatch
phone: (850)714-2756

Tips from Allstate Insurance and Lansing State Journal



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