Get the RIGHT Homeowner’s Insurance Policy

We applaud you for being covered! Having homeowner’s insurance is the right way to go. But did you know that according to a study, over 60% of homeowners in the United States are underinsured?

60%! So why is that? It very well could be that homeowners are basing their insurance coverage on their home’s current “Market Value.” And while that’s a great start, in order to have the most accurate coverage, one should choose their plan based off of “Replacement Value.” According to In Charge Debt Solutions, “Replacement value is what it would cost today to rebuild a home from the foundation up. Replacement value can differ substantially from market value, which represents what a willing buyer would pay for a home. Since the cost of building materials has risen in recent years, it may cost more than market value to rebuild an older home. And if you’ve remodeled or renovated your house, your insurance coverage should be updated to reflect the home’s likely increase in replacement cost. Of course, increasing your insurance coverage will raise your monthly premiums, but it could save thousands of dollars in the long run if a major claim is necessary.”

Are you interested in learning your home’s replacement value? We have a team of experts ready to assist you today! Reach out at 614.726.6971

Unllimited Opportunities. Exceptional Experiences.

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