As a homeowner in the Americus, GA area, you know how important it is to protect your home with a homeowners’ insurance policy. We at Client First Insurance Solutions are here to help guide you on the crucial questions you should ask before purchasing a home insurance policy.
How is my house valued if it needs to be replaced?
The policy can provide coverage for actual value or replacement cost. The actual cost is the price of the home minus any depreciation. Replacement cost will pay to replace the house regardless of the current market value.
What is my insurance company AM Best Rating?
It is vital to pick an insurance carrier with a strong AM Best rating. A strong rating indicates the insurer is financially stable, and there is a better likelihood that the company will be around to pay the claim out in the event of a loss.
Is my jewelry covered?
A homeowners’ policy typically has a limited amount of coverage for jewelry. If you have a collection that is worth a large sum of money, you will want to take out additional coverage for the jewelry.
Do I need to buy a separate flood policy?
Many people make the incorrect assumption that floods are a covered peril under a homeowner’s policy. Most carriers do not automatically provide flood coverage, so it is essential to find out if you need a separate policy.
What is the process of filing a claim?
In the event you have to file a claim under your policy, it is critical to know the process ahead of time. If you are a person who likes to manage matters online, you will want to make sure the company has an online claims process. Alternatively, if you wish to speak to a person, you may want to make sure the company has a 24-hour phone number to call.
If you have additional questions about homeowners’ insurance, reach out to Client First Insurance Solutions today. We proudly serve the Americus, GA area.