As spring approaches, many homeowners embark on home renovation projects to refresh their living spaces and enhance their property’s value. From kitchen remodels to backyard upgrades, these renovations can breathe new life into your home. However, amid the excitement of planning and executing renovations, it’s crucial not to overlook the importance of updating your insurance […]
Home insurance is a vital safeguard for homeowners, providing financial protection against unexpected events like fires, theft, and natural disasters. However, understanding how insurance companies calculate home policy premiums can often feel like navigating a maze. In this blog post, we’ll demystify the process and shed light on the factors that influence your insurance costs. […]
If you’re considering heading south to escape the winter chill, ensuring your vacant home is properly protected is crucial. Whether it’s a seasonal property, undergoing renovations, or awaiting its new owner, safeguarding your property from potential damage is a priority. Here are 4 tips tailored for vacant property owners: 1. Secure the Right Coverage: […]
Natural disasters, particularly floods, have the potential to wreak financial havoc. Alarmingly, a large number of homeowners are still not prioritizing adequate insurance coverage. Beyond mandated requirements, here’s why Flood Insurance is an investment in peace of mind. Understanding the Surge in Flood Insurance Adoption #1) Shifting Flood Maps The ever-evolving flood maps by FEMA […]
With Hurricane Idalia on the way, it’s time to discuss how you can prepare for the season. These are a few tips for hurricane season. 1. Know Who Your Agent Is It’s more common, than not, that homeowners are not aware of who their servicing agent is. Reason being? You may own multiple properties, changed […]
As the new school year approaches, it’s your responsibility to review your to-do list and ensure everything runs smoothly. Insurance is a great planning tool for “back to school”. Here are some ways you can protect your family this season… 1) Off-Premises Theft Coverage Your and your family members’ personal property is covered at your […]
Your home could be vacant for a variety of reasons; whether it’s a seasonal home, it’s under renovation under the assistance of a home remodeler in Chicago, you’re traveling, or it’s up for sale. Leaving your property unattended also leaves in vulnerable to damage from natural disaster, vandalism or theft. That’s why it’s important to […]
Placing the personal ownership of your assets in a Trust or Limited Liability Corporation (LLC) has become increasingly popular among high net worth individuals and families. In fact, studies show that the number of properties owned by trusts or LLC’s has increased about 35% since 1983. This wealth management and estate planning strategy has proven to […]
Are you renovating your home without reviewing your insurance? Big mistake! While many of us often invest in increasing the value of our home by remodeling, we tend to forget that the cost to rebuild has increased too. That’s why it’s important to make sure you avoid these 3 mistakes when renovating your home: 1. NOT […]
Are you looking to purchase a residential or commercial property to knock down and redevelop eventually? If so, vacant building insurance might be the best solution in the short term. Depending on the occupancy at the time of loss, your property insurance might not pay for an incident that occurs when the structure is vacant […]