Home is where the heart is and where having great home insurance makes it easier to sleep at night. Home insurance is required when you have a mortgage and taken for granted unless you need to use it. When you renew your home insurance, you will get a declaration page that defines your coverage. At Keslar Insurance Agency in Newmarket, NH, we are independent agents who represent dozens of carriers. This means we can find great coverage for you at a fair price.
The ideal time to review your home insurance policy is when you get your renewal policy. Look at all the details on your declaration page. Is the replacement cost coverage on your home realistic in your neighborhood? Are the liability limits enough to make you feel safe? Are there some endorsements you should be considering? Take a good look at your policy and read the exclusions, is there some additional coverage you might want to add.
You have done a major renovation.
Your home is valued for replacement by your insurance company. If you have done something that has increased its value significantly, you must tell the insurance company. Things that add significant value are adding liveable square footage. This can be finishing an attic, a basement, or adding a room. Replacing an aging roof may lower your premium, so it is worth reporting.
Adding a home security system makes your home less of a risk and needs to be reported. If you have added smoke detectors, this is also a change that makes a difference.
Received an expensive gift
If you received an expensive gift, it might not be protected. Review your insurance for coverage limits and consider adding an endorsement if needed.
If you are ready to review your home policy at Keslar Insurance Agency in Newmarket, NH, we are happy to do it with you and make suggestions and give you a no-obligation quote.