It’s exciting when family or friends you have not seen for a while comes or a visit. You take the care to make sure the house is in tip top shape, all the bathrooms are cleaned, the beds with new linens, carpets and floors vacuumed and mopped and there is plenty of food in the fridge.
Its great to enjoy time with your loved ones. Being a tour guide, a few nights out to dinner and enjoying the visit, but what we do not want to think about is if someone gets hurt in your home or on your property? What if they accidentally cause damage your home?
Your homeowners insurance should cover these situations. Liability insurance covers injuries to visitors, their medical bills and your legal bills if they decide to sue you. Your home structure insurance also covers damages like fire.
If you live in a condo, first check to see if your allowed to have visitors, for how long, if and when they are allowed to use the facilities and how long they can park their car. Your condo insurance may cover any injuries to your guests and damage they may cause to the facilities, the open area like the lobby and your condo itself.
Contact us today with any questions about your home or condo insurance.
Your cute little puppy is a great addition to the family. Your new bouncing bundle of joy puts a smile on your face until you find him happily chewing on your shoe, or the leg of your chair. This you can control, but what about when your puppy gets bigger and decides to tear up your neighbors flower bed or possibly bites someone?
As much as we train and love our pets, we do need protection for the the not so proud moments that can happen. It is a good idea to be vigilant about your dog’s interactions with visitors to your home. Typically, the liability portion of your home insurance coverage should cover the actions of your pets if they damage items that you don’t own or if they injure people who do not live in your house.
Be aware that there are certain types of pets that can make it difficult to obtain home, renters or condo insurance. Dog bites make up one-third of all homeowner insurance liability claims, according to the Insurance Information Institute, and last year dog bites costing nearly $571.3 million and accounted for more than one-third of homeowners insurance liability claims.
You can purchase home insurance protection for your pets indiscretions for most types of domestic pets. Some insurance companies will provide you a list of certain types of dogs that they may consider not insurable. What they are basing their information on is the breeding history, temperaments and the risk factors. So, if a particular dog breed has a documented history of attacks or bites, some insurance companies may consider this risk to be too high, thus causing the company to deem the breed un-insurable.
Common dog breeds that are often not considered insurable include:
* Alaskan Malamute
* Chow Chow
* Doberman Pinscher
* German Shepherd
* Pit Bull
* Presa Canario
* Siberian Husky
* Staffordshire Bull Terrier
* Wolf hybrids
Exotic animals, such as snakes, tigers, etc., also may fall in the un-insurable category. Check with us today to see if owning any of the pets above has limitations. It is actually a good idea to check when choosing a pet to bring into your home.
When you apply for home insurance, disclose information about any pets you have to ensure your policy will properly cover you involving your pet.
Have Questions? Call us today to get your questions answered.
Residential coverage protects against damage to or destruction of your residential structure. If your home is destroyed by a tornado, fire, or what disasters your policy covers, the insurance company can completely replace or cover the repairs to your home.
In this section of coverage, the most important reason to keep your homeowner’s insurance policy updated is because, in the event of disaster, the insurance company will only reimburse you for what your home is insured for, what you have on the policy.
For example, you purchased your home and homeowner’s insurance say five years ago. It is very likely the value of your home has increased since the purchase date. If you purchased the home insurance policy five years ago and have not updated the policy to the home’s current cost to rebuild, the insurance company will only reimburse you for the price you paid five years ago. So, if you purchased the home for $300,000 and the value has increased to $400,000, you’re losing $100,000 – quite a large sum.
In the end, it is essential to keep your homeowner’s insurance policy updated because you want to be sure your home is insured for 100 percent of the replacement cost. (Some policies automatically update to your home’s current value. Does yours?) While it is easy to let that dust settle over your policy from year to year, keep in mind that putting it aside could cost you much more in the end. Your homeowner’s insurance policy may make heavy reading, but it will be even more burdensome should it be out-of-date.
Call us today to get your questions answered.
863-453-3903 or visit our website budgetbirite.com fill out the form and we will have an agent contact you within 24 hours.
When travel through your neighborhood, it is easy to see which homes are being maintained and which are not. It’s simple to find homes that are run down, their lawn is overgrown, missing shingles from the roof a boarded up window. Some of these homes may be foreclosures that have been on the market for sometime and not selling. Maintained homes aren’t perfect, fresh paint can do wonders for a nice looking home and clean windows, no overgrown trees or hedges shows the homeowner cares about their property.
Seasonal maintenance of your home helps to retain its value and prevent problems in the future. Some repairs can help keep your Homeowners Insurance policy from increasing since they include reducing safety issues such as fires or broken plumbing.
It’s helpful to keep a checklist of what you must do to maintain your home:
Check the batteries in your smoke detectors. When we change the clocks for daylight savings time we also change out the battery in our smoke detector.
Have a Pre Maintenance check for your air conditioning system at least once a year by a professional. A good running air conditioning system saves your money on your energy bill.
Check your doors and windows for to see if they close properly or if they need to be re-sealed. (This also can help lower your energy bill if there are leaks.)
Ask a professional how often your septic system needs to be cleaned out.
Take a walk on your roof and check the gutters, vents and roof tiles. If you see any damage address it immediately. If you are not sure what to look for or question anything, contact a professional roofer to help you out.
Inspect your walkway and driveway and repair any cracks or holes. Any injury caused by this is your liability.
Remove and clear any tree branches that hang over your home or your neighbor’s home.
Remove anything that can be caught up by the wind during hurricane season and store it indoors.
At least once a year have a Termites inspection.
Check the expiration date on fire extinguishers and replace them as needed. Put the expiration dates on your calendar as a reminder.
Inspect your attic for openings and if you need to restore or replace installation.
When using professional services, be sure to do a background check to see if the person or company hiring them out is licensed and certified to do the work you have hired them to do. Another thing to look out for is workers’ compensation insurance. If a worker in your home is injured, they will most likely be covered under their policy or the company that is hiring them out to you.
If they don’t have worker’s compensation, they can sue you. That means you’ll be using your Homeowners Insurance policy to cover their claim.