As a homeowner, it’s important that you purchase the correct amount of home insurance to replace your house and belongings after an unexpected event like a natural disaster. The Shay Agency, which serves Wilkes-Barre, PA and surrounding areas, is happy to consult with you and discuss precisely how much home insurance you’ll need for your individual situation. You’ll need to have enough home insurance to cover the following:
You’ll need to have enough insurance to cover repairs to your home or potentially rebuilding it entirely. You’ll first need to have a full assessment of your property performed so that you have documentation of how much your home is worth and how much it would cost to replace its various elements. If your home is damaged in a natural disaster, a fire, or another adverse event, your insurance policy can help you replace what you’ve lost.
As you note details about your house and property with an insurance adjuster, be sure to call out any special features that will cost additional money to replace. Do you have an attractive stained glass window, custom hardwood flooring, or specialty woodwork in your home? These will all make your property more valuable and should be noted on your insurance policy.
You’ll also need enough home insurance to cover the majority of your possessions. Spend some time taking an inventory of the items in your home that will be expensive to replace. Consider taking photos of your items, or taking a video tour of your home and noting all of your belongings, as well as the date and time.
As you determine how much home insurance you need to carry on your house and property, speak with a skilled insurance professional with The Shay Agency. They’ll be happy to help you determine the exact amount you need to protect yourself against damage to your Wilkes-Barre, PA home.