TRL InsuranceAuto InsuranceUpdated on Apr 16, 2012 View more like this | Visit DUARTE, CA | Contact Astonish Kickstart |
company address:
1230 Huntington Dr
Duarte, CA 91010
Ph: 1-888-852-9344
Fx: 626-358-4660
1230 Huntington Dr
Duarte, CA 91010
Ph: 1-888-852-9344
Fx: 626-358-4660
TRL Insurance
1230 Huntington Dr Duarte, CA 91010 Duarte, CA
Is it Time to Review Your Homeowner’s Insurance?
In the event of a disaster that destroys or significantly damages your home, finding out that you’re insured for thousands of dollars less than the repair cost can be devastating news. Unless you have savings to pay for the additional repair, you may be forced to borrow funds or sell assets to fund the difference.
The cost of repairing just about anything creeps up slowly over the years and if your homeowner policy does not keep pace with the increases, you could find yourself out of pocket. The same applies to household furniture and even personal effects. If you’re like most people you’ve accumulated items and clothing over the years and while they may not seem worth much, if you have to replace them all, you’ll find it quite an expensive exercise.
It’s a good idea to review your homeowner’s insurance policy annually and increase your coverage if necessary. Does your existing policy pay replacement cost or only the market value of the items? If you’re unsure it’s worth checking because if you’re only covered for market value, you might get an unpleasant surprise in the event of a claim – market value is the value of the second hand item at the time it was stolen or destroyed.
Additionally, if you have purchased or been given any valuable jewelry, artwork or other special items, your policy may not cover these adequately if you don’t have them listed on the policy.
Why not review your homeowner’s policy now. If you’d like to get a competitive price on homeowner’s insurance or you’d like to increase your coverage, contact us today. We’re happy to help!
In the event of a disaster that destroys or significantly damages your home, finding out that you’re insured for thousands of dollars less than the repair cost can be devastating news. Unless you have savings to pay for the additional repair, you may be forced to borrow funds or sell assets to fund the difference.
The cost of repairing just about anything creeps up slowly over the years and if your homeowner policy does not keep pace with the increases, you could find yourself out of pocket. The same applies to household furniture and even personal effects. If you’re like most people you’ve accumulated items and clothing over the years and while they may not seem worth much, if you have to replace them all, you’ll find it quite an expensive exercise.
It’s a good idea to review your homeowner’s insurance policy annually and increase your coverage if necessary. Does your existing policy pay replacement cost or only the market value of the items? If you’re unsure it’s worth checking because if you’re only covered for market value, you might get an unpleasant surprise in the event of a claim – market value is the value of the second hand item at the time it was stolen or destroyed.
Additionally, if you have purchased or been given any valuable jewelry, artwork or other special items, your policy may not cover these adequately if you don’t have them listed on the policy.
Why not review your homeowner’s policy now. If you’d like to get a competitive price on homeowner’s insurance or you’d like to increase your coverage, contact us today. We’re happy to help!
