In an ideal world, we all have excellent insurance agents who take the time to sit down with us and make sure we understand the ins and outs of our coverage. They would help us understand what, exactly, is covered by our policy and if we need additional coverage for our individual situation. Chances are, however, that you found you home owners insurance by going online and searching for “Reno, Nevada Home Insurance” and you took the cheapest policy you came across. What you may not understand is that basic home owners insurance does not cover everything in your home. You may need additional coverage.
The premium that you are paying on a monthly basis is to ensure you are able to make claims when something should happen to your home. Understanding how you are going to file these claims appropriately will ensure that the premium you are paying on a monthly basis is worth it.
In this day and age, almost everything costs you a little extra. Riders are for covering you possessions that are not covered or are limited in their coverage. Most policies cover the basics while leaving out certain things that are truly valuable. These policies can also refuse to cover items if they are stolen. In order to determine if you need a rider, be aware of which ones are common and which aren’t.
While you are shopping, you should make sure that you get the coverage that you know is necessary. After you know what is and what is not covered with your home insurance policy, you will then want to take time to figure out how the claims process works. The claims process can be very different depending on the insurance agency that you are working with.
However, it probably does not cover the jewelry in the event of theft. For this purpose, many people opt to add a jewelry rider to their insurance. Actually, jewelry riders are fairly inexpensive and worth the money. If you own a sizeable amount of jewelry in your home, then this rider is probably right for you. Catalog all of your jewelry and list in the policy so that the value of each piece is known to you and your insurance provider.
Taking notes on the commentary that the other driver says typically can be a ray of truth on your rainy day. Without thinking, a driver might say things such as “I didn’t see you” or express apology for hitting the other person. In police reports, these statements can help an insurance company decide on who was at fault or takes the blame in an accident.
Many homes have a large office in them with thousands of dollars in expensive equipment. Most home owners policies, however, only insure these items up to $1000.
If you find that other companies are charging much less than your company, start by talking with your company. If you are happy with the service that you are getting, you may be able to get them to lower your insurance rates. This way, you can stick with the service that you love and still pay a reasonable rate.
Be sure to thoroughly comprehend your home owners insurance policy. Having adequate coverage is important and is accomplished by doing your research into plans, providers and riders. You may need other riders like artwork, antique or Oriental rug riders. Evaluate how much you have in your home to determine the level of coverage that is right for you.
Heuer Insurance is a home grown independent insurance agency in Reno, Nevada. Our purpose is to provide residents with the best Owners insurance Reno, Nevada has to offer.
