For many Collierville, TN homeowners, the only time they ever look at their home insurance policy is when they first purchase or rent the property. If you settled down and raised your family, it may have been twenty years since you last reviewed your policy and what it does and does not cover. Brock and Poole Insurance Agency. wish to remind you that sitting down with your agent isn’t simply an opportunity for us to sell you something, but a chance to ensure that you are protecting your investments, family, and lifestyle that has surely changed over the decades.
Review the Assessed Value of Your Home
When you bought your mortgage, your home was possibly worth half or less of its current potential sales price. While it may save you cash on property taxes if your city or town has not recently assessed your property, if it was damaged in a fire or storm, a below market assessment and insurance policy could result in an insurance payment that is unable to fix your home. With real estate values on the increase across the nation, this is a good opportunity to protect your most valuable investment.
Valuable Possessions May Benefit from Itemization and Inventories
Over time we often replace our bargain basement set of dishes with elegant stoneware or china. Dime store posters are discarded in favor of artwork. Collectibles begin to inhabit glass cabinets and even wall safes. Will your twenty-year-old insurance policy replace unique items at their full value, or will they be considered at the time of a claim as less valuable due to their age? You might want to include full value replacement when you update your policy.
Your agent at Brock and Poole Insurance Agency looks forward to helping you find the coverage you truly need for your Collierville, TN home.