Do you have all the bases covered if a catastrophe hits?

 

Do you know exactly what your homeowners’ insurance covers? Are you covered in the event of a flood? What about an earthquake? Use these tips and do your research to make sure you’ve got all your bases covered when it comes time to pull out that policy.

Rumble down below Californians aren’t the only ones who have to worry about earthquakes. Did you know that Oklahoma is the second-most seismically active state? Or that a major fault line runs through the Midwest? Look into earthquake coverage if your home is built on shaky ground.

In deep water? Flooding can happen anywhere—from the drought-ravaged Southwest to the hurricane-friendly East Coast—yet most homeowners’ policies exclude flooding. Flood insurance might be something you want to add to your coverage before the next big rain.

Full coverage What if you have to replace the contents of your home in case of a fire, tornado or even a break-in? You’ll need to know the difference (PDF) between replacement-cost coverage and actual-cash-value coverage. The type of cost coverage in your policy can have a huge impact on your reimbursement.

Don’t forget the “small stuff” If you own valuable items such as jewelry, musical instruments, high-end electronics or bicycle equipment, you might want to get extra coverage to cover your extra-special stuff.

Photographic evidence Insurance experts recommend videotaping or taking photos of your entire house before a catastrophe so it’s easier to remember everything during what can be a devastating time for you and your family.

 

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About thenoelteam

As a Broker with RE/MAX Alliance, I work energetically for my clients whether they are a buyer or seller. I help you achieve your goal of owning a home or getting the best price for your home in the shortest time possible. After graduating from UCLA with a degree in communications and finance, I was licensed in 1977 and since then I have sold over 3600 properties amounting to over $1 billion in sales. I currently rank in the top 10 in home sales for Colorado. I offer the same quality of service and superior communication to all clients, ranging from starter homes to multi-million dollar estates, commercial and income properties, relocations and foreclosures My goal is to provide you with the best representation possible whether you are buying or selling. Over the years, one of the things that I've discovered is that there is a difference in the way individual Realtors do business. For me, I have always felt that honesty and personal integrity are the foundations upon which a successful business and career are built and sustained. I have an extensive background and knowledge base in real estate, including financing, which has enabled me to provide outstanding, quality advice and service not found with many agents today. My commitment to communication creates a positive relationship between my client and myself that results in a successful property sale or purchase. My passion for real estate, commitment to my clients and personal integrity has helped me to achieve success placing me in the top 1% of all brokers in nationwide. In my career, I have earned a number of awards and received considerable recognition for my success but the most significant recognition comes from the fact that over 75% of my business comes from past clients. My success is a true measure of my client satisfaction.
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