When you are a homeowner, it’s always best to have a home insurance policy in place. Owning a home that isn’t insured is a huge risk that most people can’t afford to take. Home insurance is a highly important protective measure that you need to have from the day you first buy your home. It should take effect the same day as your closing so that you don’t go without this essential protection. To ensure that you and your home are protected, call us at Bridgeway Insurance Group in Montgomery, AL.
Benefits of Home Insurance
When you have home insurance, it’s a powerful protection against a wide range of incidents that can happen to a home. If the house was hit by certain disasters or certain calamities and accidents happened to it, these damaging incidents can be covered by the policy.
The damage caused to your home by covered events will need to be repaired, and your home policy will pay for the necessary repairs. This can save you thousands in repair costs and ensure that you can get the work done instead of trying to live in a damaged home.
Just as your home itself needs to be protected with insurance, so do your belongings. The insurance policy will also cover all of the items you own that are in your insured home. This means that if your items are ruined in a covered incident, the policy will help you to get all of those items replaced.
This is important to keeping up your standard of living and protecting you from another type of financial hardship. No one should have to start all over again without possessions after an incident happens that ruins them.
Reach Out To Us
To find out more about getting home insurance, call us at Bridgeway Insurance Group in Montgomery, AL.
Homeowners insurance creates peace of mind for many homeowners. There are many benefits that allow you to care for your home without spending a large sum of money out of pocket. However, there are situations and circumstances that aren’t usually covered under a standard homeowners policy. Our team of insurance experts at Bridgeway Insurance Group in Montgomery, AL is committed to educating homeowners regarding what’s covered by their home insurance policy.
Will my Home Insurance Cover Termite Damage?
Typically, your home insurance policy will not cover termite damage or pay for the removal of termites. Termite damage is considered preventable. It’s up to the homeowner to take the steps to treat or get rid of the termites in their home. Failure to do so is considered neglect under most homeowner insurance policies. Typically, a homeowners, renters, and condo insurance policy will not cover termite damage or termite removal.
However, on the other hand…
There are a few situations that are coverable under a homeowners insurance policy. Both of these circumstances are considered coverable if the termite damage occurs as a result of some other coverable condition, or if the presence of termites is unknown. These two circumstances will pay for the repair of termite damage up to the limits outlined in the homeowners’ policy.
If your home completely collapses as a result of termite damage, your home insurance policy may pay for the repair of your home and the removal of termites. Also, your policy would cover termite damage if a covered situation or circumstance causes termite damage. If your pipes burst, creating a moisture issue which in turn leads to termites populating and damaging your home, your insurance policy may pay for the damage and the removal of termites.
Furthermore, if you have termites and are completely unaware of this fact, or the termite issue is hidden as a result of other issues, your policy will likely cover the damage under these circumstances too.
Contact Us Today
If you have questions regarding what’s covered by your home insurance, call us at Bridgeway Insurance Group in Montgomery, AL. We’d be happy to answer all of your questions.
When shopping for homeowners insurance, one of the most important things to consider is how much coverage you need. Many people don’t know how to determine how much coverage they need, which can lead to them buying too little or too much insurance. Here we discuss some tips on figuring out how much coverage you need for your home.
What’s the Value of Your Home?
The first thing you need to consider when determining how much homeowners insurance coverage you need is the value of your home. How much would it cost to replace your home if it were completely destroyed? This is the amount of coverage you should have for your dwelling.
Some people mistakenly believe their home’s market value is the same as its replacement value. However, these two values can be very different. The market value of your home is how much it would cost on the market. The replacement value is the amount it would cost to re-build your home from scratch.
Once you have the replacement value of your home, you’ll need to consider the amount of coverage you want for your personal belongings. Most homeowners insurance policies will cover up to 50% of the dwelling’s value for personal belongings.
What’s the Risk of Flooding or Other Natural Disasters in Your Area?
Another factor to consider when determining how much homeowners insurance coverage you need is the risk of flooding or other natural disasters in your area. If you live in an area prone to flooding or earthquakes, you’ll need to purchase extra insurance in addition to your regular homeowner’s insurance policy. If you’re not sure whether or not you need flood insurance, get in touch with Bridgeway Insurance Group in Montgomery, AL for consultation.
Contact Us Today
The best way to know how much coverage you need for your home is to speak with one of our experienced insurance agents at Bridgeway Insurance Group in Montgomery, AL. We can help you determine the right amount of coverage for your specific needs and situation. Give us a call today.
If you are a homeowner in the Montgomery, AL metropolitan area, it’s time to get to know the team at Bridgeway Insurance Group. We are proud to serve the insurance needs of our community and would welcome the chance to work with you too!
Call our office today to set up an appointment.
Is it time to update your homeowner’s policy?
A house is not just a home, it is also an important financial asset. Because a home is likely the largest asset that one will have in one’s lifetime, it’s important to protect it.
House values can change year after year, and as they fluctuate, so too do insurance needs. Many people simply renew the same policy year after year without giving it much thought.
While an annual review may not always take place, a regular and close review of one’s homeowner’s policy is a good idea. Whether improvements have been made to the house or not, it may be time to upgrade the policy. An upgraded home policy will provide owners with additional protection.
This can mean greater liability coverage or an increase in the overall policy level. There are many ways that insurance needs can change, and carrying a robust policy is a great way to stay protected.
Take a look at the current policy and check for things like personal article coverage limits, low liability protection, and basic structural coverage. These are all areas that could benefit from an upgrade.
We are here for you!
The Bridgeway Insurance Group serves the insurance needs of the greater Montgomery, AL area residents. If it’s time for you to upgrade your homeowner’s policy, or if you have any other insurance-related questions or issues, call, click, or stop by our office today!
When it comes to home security, most people think about changing locks and keeping doors locked., but it’s more than that. As technology advances, so are burglars, and every day, they develop new ways to watch and break into your home. That’s why Bridgeway Insurance Group recommends buying enough home insurance to replace your stolen property. So, how do you keep your home safe from thieves? Here are the top three tips to help secure your home.
Invest in Home Security Systems
Locking doors and drawing curtains is an old tradition. While it’s critical, it’s never enough. When you’re away, you may never know what happens to your home unless you install security cameras, motion detectors, and window sensors. These systems also detect smoke and carbon monoxide, which signify fire.
Reach Out to the Montgomery County sheriff to Check Your Home When You Leave for Vacation
If you’re heading on vacation, you can reach out to your Montgomery, AL police department to check your home and make sure everything is in order until you return. According to WSFA news, Volunteers in Police Services (VIPS) will check your house every day when you’re away, and they will get in touch with you if they spot any criminal or unusual activity on your property.
Know When You’re Being Targeted
Pay attention to details, especially around the front and back yards of your home. The slightest changes could mean a thief is watching your home. In most cases, thieves will mark your home and alter things to revisit the house later. They can place something in front of your home. If you remove it, you’re home. If you don’t, they have VIP access.
Buying home insurance in Montgomery, AL, soon? Insurance experts at Bridgeway Insurance Group have everything you need to get a policy that takes care of all your security worries. Call us today!