I get asked a lot about having enough coverage, or having the RIGHT coverage. Well that statement is about as ambiguous as going to the doctor and saying, “Doc, I hurt”.
It really depends on each person’s situation. And before I forget, this reason should be enough for you to know you really need an agent- not internet coverage!!! No one will know your situation better than a local agent. We have many, many experienced great agents in Milledgeville, so USE THEM!!!!
Today, I will talk about your home. First and foremost, I would suggest you always insure your primary home with REPLACEMENT COST. An actual cash value policy while cheaper would only cover the value of your roof in depreciated dollars. REPLACEMENT cost coverage replaces the roof, etc in TODAYS dollars to replace!!! That is the simple answer. Please consult your local agent to discuss whether or not you have the right coverage for your needs.
I want to give you a free tool to help with an inventory of the items in your home.
Go to www. iii.org, on the right side of the page, and click on the” KNOW YOUR STUFF” link. The site will allow you to categorize and store the information. It is a great resource to get everything valued properly. THEN, look at your homeowner’s policy and make sure your contents are adequately covered.
Hope this helps gets “your stuff” organized and valued!!!
Jim