When is it a good idea to start looking for a new home insurance policy in Tennessee?

Owning real estate in the Collierville, TN area has been an excellent option for a long time. When you are a property owner, you need to have insurance for your home. There are various situations when it is a good idea to start looking for a new plan.

When Buying a Home

The first situation when you should look for a new home insurance policy is when you are buying a home. When you buy a property in this state, you will need to have insurance for it. Before closing on the purchase, you should ensure you have a solid home insurance policy in place that offers the right coverage and meets requirements. 

End of Policy Term 

It is also a good idea to look for a new home insurance policy when your policy matures. Home insurance plans tend to have a one-year term. At the end of the term, you may have an auto-renew provision, but shopping around is still a good idea. When you are able to shop around, you can save money and even get more coverage. 

Even if you do not have a policy maturing soon, it never hurts to shop around. Insurance companies have different underwriting standards, so you could find a quality plan offering reduced premiums and other benefits you would not receive if you stuck with your original policy. 

Home insurance is critical when you are in the Collierville, TN area. When looking for this coverage, you should call our Brock and Poole Insurance Agency team. Our professionals at Brock and Poole Insurance Agency can give any support to help you look for a new plan when the time comes. 

Three key steps to go through before you buy home insurance

Home insurance is an essential financial product that protects homeowners’ investments in their property. Before you buy home insurance, there are a few steps that you need to go through so that you make the right choice.

At Brock and Poole Insurance Agency, we’re here to assist homeowners in Tennessee. The following are three key steps to go through before you buy a home insurance policy for your home in Collierville, TN. 

Familiarize yourself with different home insurance companies in your area

There are many home insurance providers out there, among which you can choose. It’s a good idea to research the reputations and product offerings of various home insurance companies in your area to understand which one you want to purchase coverage from. 

Compile important information and documents regarding your home

When you get a quote, you’ll need to provide information about your home’s location, value, and history to home insurance providers. You’ll also probably need to provide information on the number of household members in your home and any past home insurance policies you’ve had. 

Compile any paperwork and information you have about your property so that you’re ready to shop for quotes. 

Figure out what you need in your home insurance policy

Figuring out what coverage you want your policy to include is important. Consider how much your home is worth and how much coverage you need. You should also consider whether you need added types of coverage like flood and/or earthquake insurance. 

Those who own property in Collierville, TN can come to us at Brock and Poole Insurance Agency for assistance meeting their home insurance needs. Get in touch with us for a policy quote today!

I Want To Remodel My Home. Do I Need To Tell My Insurance Company?

There is no doubt that home remodeling can add tremendous value to your property. However, it’s important to remember that any type of construction or renovation project can also be risky.

If you plan to remodel your home, you should let your insurance company know. This article will discuss the importance of notifying your insurer and what could happen if you don’t.

1. To Ensure Potential Accidents Are Covered

The first and most important reason to tell your insurance company about your home remodeling project is to ensure that any potential accidents are covered. If something goes wrong during construction and someone gets injured, you want to ensure that your insurance policy will cover the resulting medical bills.

Similarly, if there is any damage to your property, you’ll want to ensure your insurance policy covers it. If you don’t let your insurer know about the remodeling project, they may not cover any accidents or damage that occurs. It’s always better to be safe than sorry, so notify your home insurance company as soon as you start planning your renovation project.

2. To Ensure Your Policy Can Cover the Total Value of Your Home

A professional insurance company such as Brock and Poole Insurance Agency will explain how the value of your home changes with the home remodels. If you make significant changes, the value of your home is likely to increase.

As a result, you’ll need to ensure that your insurance policy covers your home’s new, higher value. It’s essential to have peace of mind knowing that an insurance policy fully protects your home.


Brock and Poole Insurance Agency has been the go-to insurance agency in Collierville, TN for years. We’re here to help you find the right coverage for your home, auto, business, and more. Contact us today to get started!

What comes with a home insurance plan?

Anyone that is in the Collierville, TN area will want to consider owning a home. Property owners here can enjoy a lot of advantages including having a stable place to call home and benefiting from price appreciation. Along with choosing a home, you also need to pick a quality home insurance plan. This form of coverage is very important as it can ensure your property is fully covered, and you are properly protected. A home insurance plan includes a few valuable forms of protection.  

Coverage for Dwelling

A form of protection received with any home insurance plan is protection for your dwelling. Even a home that is well-built is susceptible to the risks of fire, weather damage, vandalism, and other risks. When you have a proper home insurance plan, you are going to receive coverage that can help to ensure you have the financial resources to make necessary repairs to your home if it is damaged.

Liability Protection

Property owners will always be taking on some liability risk. Owners can be held liable if their property has an issue that causes damage to another property or if a guest is injured while in their home. Due to this, you will want to know that you have established proper insurance coverage. A full home insurance plan is going to give the coverage necessary to mitigate these risks. 

Those that are looking to purchase any property in the Collierville, TN area will need a full home insurance plan. If you are looking to purchase a property in this area, speaking with the Brock and Poole Insurance Agency is a great idea. The team with the Brock and Poole Insurance Agency can help ensure you understand your options and choose a plan that is ideal for your situation. 

Is Home Insurance Required in Tennessee?

So, you just purchased a new home or you’re thinking about buying your first house in Tennessee – great! You may wonder if you are required to have homeowners’ insurance. Read on and talk to an expert at Brock and Poole Insurance Agency of the Collierville, TN area to gain clarity on this matter.
Tennessee Home Insurance
Though the state hasn’t made home insurance mandatory, most mortgage lenders do require that you have a policy. If you don’t get insurance, your mortgage may be taken away. It’s in your best interest to take care of this before you close on the house.
Benefits of Home Insurance
Homeowners’ insurance is on the expensive side though of course, you can shop around for something that’s within your budget. Only get the level of coverage that makes sense for your home and unique situation. This makes a big difference since you’ll know exactly what’s involved in your policy and even may be eligible to bundle policies, such as auto and home, among other types.
Additional Coverage May Be Necessary
If you have valuable possessions, it’s a good idea to look into your options for additional insurance such as a personal belongings insurance policy. This would cover replacement and repair costs up to a certain amount if they are damaged due to a fire, storm or some other natural disaster, or if they’ve been stolen. The more pricey items may not qualify for full replacement cost so it’s important to see if you may need an insurance rider for the extra coverage.
Learn more about home insurance and all its particulars by talking to a professional. Reach out to Brock and Poole Insurance Agency of Collierville, TN and beyond today.

Does Home Insurance Coverage Change After you Pay off Your Home?

Your home is a very important part of your life and making sure that you take the time to get a policy that fits your particular situation is a must. For the most part, your home insurance is going to cover a huge range of things in regards to your home and home insurance is required if you have a loan or a mortgage on your home. For those that live in the Collierville, TN area, the agents with Brock and Poole Insurance Agency can help you to find the right policy for you.

You are only required to have a home insurance policy if you have a mortgage or other type of loan on your car. This means that if you pay off your home, you are not required to hold any sort of home insurance policy. This does not mean that it is advised that you drop your policy as soon as you pay your home off. It is always a good idea to have a home policy so that you can recover if something happens to your home. It is helpful to learn what your home policy is actually all about, your home policy is meant to be the cost of your home should you rebuild in the current market.

Your home policy is going to help you to get your home back in shape if something catastrophic happens. You do not have to have a home policy if you own your home but it is advised that you do so that if something happens, you are not going to have to pay for your home outright to help replace everything and rebuild. For those in the Collierville, TN area, the agents with Brock and Poole Insurance Agency can help you find the right policy for your home.  

What to consider when getting a home owners insurance cover.

Purchasing homeowner insurance can be overwhelming especially for first-time buyers. This is due to the complexities involved in the process. Before making the final decision and appending your signature, it is important to understand the dos and don’ts of buying a primary home insurance.

Here are a number of tips that can guide you on the whole process.

1. Do a comparison by contacting at least three companies

Before settling down on a particular insurance company, do comparisons on the coverage if at all it has additional insurance, compare the prices and customer reviews? Ensure to shop for value and not the bottom prices. In addition, choose one with good customer service reviews.

2. Get an adequate level of coverage and extra protection for your high-value items

Ensure you get the right amount of coverage depending on your needs. Always avoid paying more than you need. In case you have specific special and high-value items, ensure they are fully covered.

3. Understand all the details in your policy more so the insurance terms

Understanding the basic terms of your homeowner’s policy will save you much. The most common insurance terms include:

  • Deductible- An amount you pay before your insurance kicks in
  • Liability coverage which covers for bills of an injured person on your property
  • Personal property which is any tangible property in your home
  • The premium which is the price you pay for insurance
  • Replacement costs which cater for the full cost of replacing your home or property
  • Actual cash value which caters for the current cash value inclusive of depreciation for your home and personal property

If you are looking around to purchase a homeowners insurance coverage plan, then look no further. At Collierville, TN, Brock and Poole Insurance Agency, we know which coverage plan is right for you. Visit us today for adept advice on all matters home insurance.

Storm preparation: Is home insurance enough?

Spring in Collierville, TN brings more than flowers. It means thunderstorms, tornadoes, and floods. Some of the damage caused by those natural hazards your homeowners policy covers. Others it doesn’t. Brock and Poole Insurance Agency wants you to understand your homeowners policy so you can plan ahead and obtain additional insurance to remain on the safe side.

Homeowners Insurance vs. Specific Hazard Insurance

Check your policy. Every policy differs. Read which hazards your policy covers.

Know the difference between how damage occurs and when your policy covers it. For example, if your pipes burst or a pipe springs a leak, flooding your basement, a homeowners policy typically covers it. If heavy rains cause rising waters and it floods your home, flood insurance covers it.

Tornadoes occur commonly in Tennessee. Many homeowners policies cover wind damage from a tornado. If you live in an area that previously sustained damage, especially more than once, your policy may no longer cover wind damage. You would need to obtain a separate wind insurance policy to cover your home against tornado wind damage.

Hail occurs often in thunderstorms. It can occur outside of one. A typical homeowners policy covers hail damage. If you live in an area experiencing frequent hailstorms though, the policy may not cover it. You may need separate hail insurance.

Coverage Limits and Deductibles

Check your policy for your coverage limits and your deductible. A deductible refers to the amount of money you must spend out of your pocket before the insurance kicks in and pays for other items.

The higher the deductible, the lower your premiums. If you can afford a higher deductible, you can obtain greater coverage limits for less money. That’s important because if your property values go up before you update your policy, your policy only covers the amount for which you obtained it. It will cost you more to rebuild than your insurance covers.

Coverage limits also apply to the home’s contents. If you recently purchased new appliances, electronics, etc. without increasing your coverage, your insurance won’t cover all your costs.

Brock and Poole Insurance Agency wants you to have the coverage you need so when disaster strikes, you can quickly recover. Collierville, TN experiences stormy weather annually. We can help you prepare for the worst, so you can keep living the best life possible.

How Does Home Insurance Actually Work?

Do you really understand how your homeowner’s insurance works in Collierville, TN? If not, don’t worry, you aren’t alone. However, it is a good idea to learn more about your policy to ensure you know what to do and what to expect if you ever have to file a claim. 

Here you are going to learn more about a filing a homeowner’s insurance claim after a theft and what you need to do. 

The Prevalence of Thefts and Burglaries 

According to statistics from the FBI, there is a burglary or theft every 14.6 seconds in the U.S. If this happens, you need to know what to do to file an insurance claim and what to expect. 

Always Be Prepared 

While no one expects to have their home robbed, it is something that happens from time to time. This is why it is so important to save all your receipts and find a way to document your purchases. If you do have to file an insurance claim, having this information is much easier. 

A great way to document what you own and what you have in your home is to take a picture and create an inventory checklist. You can even create a video documenting your possessions. This will be invaluable if you must file a claim after a theft with your homeowner’s insurance. 

Steps to Take After a Theft

If you experience a theft, you need to contact an agent at the Brock and Poole Insurance Agency to let them know what happened. It is a good idea to file a police report and make sure you document any damages to your home’s structure. Your insurance agency may launch an investigation prior to providing you with a check for your losses. 

Your insurance company in Collierville, TN will help you with the process and ensure you know what to do to receive compensation. More information on how home insurance works can be found by contacting experienced agents at Brock and Poole Insurance Agency. 


I can cover damages, do I need home insurance?

If you have the funds, then you might not need to go out and buy insurance from someone like Brock and Poole Insurance Agency. The law requires that you carry auto insurance if you hope to drive, but generally speaking, when it comes to private property, there’s no law insisting on home owners carrying insurance. Indeed, many Collierville, TN homeowners opt to pay for repairs and so on out of pocket anyway in order to keep premiums low, reserving home insurance for major claims.

The question is whether or not this is a wise decision. To what extent can you cover your own home insurance needs?

When considering the costs involved in covering your own home, you have to consider not only repair costs but whether you can afford to cover a full rebuild should a hurricane or something destroy your home. An insurance provider can cover the entire cost of your home. Can you?

You also need to be concerned about liability. If a solicitor twists their ankle on your icy walkway, can you cover the legal expenses to fight their claim or the medical costs should you choose to settle?

It’s not just about whether or not you can cover damages and liability, but whether you can cover them comfortably. The cost of getting a policy in Collierville, TN with Brock and Poole Insurance Agency is going to be considerably less than rebuilding your home or fighting a frivolous lawsuit. You could save a little money in th short run by skipping insurance, but, should something happen, is that what you want to spend your savings on?