There are a lot of factors that help determine your home insurance rates, but none are so easy to control as proper home maintenance.
Taking care of your home prevents wear and tear, damage, and the stress of having to deal with a middle-of-the-night emergency. When your home performs the way it should, you not only live better, you can breathe easier. And so can your insurance company when they consider how much of your risk they are taking on.
More claims lead to higher home insurance rates, so proper home maintenance is one way to keep your premiums down. Read more →
Normally, when people spend money they like to receive something of value in exchange for it. It’s difficult for insurance to provide obvious or immediate value because no one ever wants to have to use it. Everyone’s financial sensibility is vulnerable to ads like the one below that seem to bring that value. A new roof on your home can cost anywhere from $5,000.00 to $50,000.00 depending upon size, materials and contractor. The free roofs that are being promised all across Florida in ads like these, however, are not free at all. In fact, they are incredibly costly to the homeowner and the general public. Read more →
A stranger knocks on your door. You apprehensively answer. They tell you that they can get you a entirely kitchen worth $25,000 or more if you’ll let them inside. You laugh, say it’s too good to be true and send them on their way. So why do people allow those making such outrageous claims to climb on their roofs, have access to their insurance policy information, and ultimately to involve them in a rapidly growing fraud scam? I suppose it’s because they aren’t be asked to actually invite the perpetrators in, but they are being promised a new roof typically valued anywhere between $10,000 and $40,000.
Insurance is there to protect homeowners from sudden and accidental damage. Unlike a home warranty or maintenance contract, insurance does not cover wear and tear or an item reaching the end of its useful life. Insurance is designed and priced to repair or replace a roof if a tree falls on your house, a hail storm causes damage or another sudden, accidental and unforeseeable event damages your home. Unfortunately, opportunistic and criminally liable contractors are looking for homes with shingle roof at or around 15 years old all over Florida. These roofs are naturally reaching the end of their lives, and most homeowners dread having to purchase one from within their household budget. Knock, knock… Read more →
“What do you mean I can’t get homeowner insurance?”
Unfortunately, this line is becoming more common by the day in Florida. Homes are being bought and sold at a quick pace again, and any house built between 1978 and 1995 probably started out with Polybutylene plumbing pipes. If your house has not been re-piped it has been blacklisted by nearly all insurance companies. This isn’t because insurers want to be mean. It is because there is evidence that Polybutylene fails more often than other types of plumbing. Read more →
Q. Why is my insurance company telling me my roof is too old and that I need to replace it? It looks fine to me!
A. Keeping a comfy roof over your head is one of peoples’ highest priorities no matter where they are. When it comes to homeowner insurance roofs can quickly become a lot more complication than just shingle or tile. Insurance carriers have detailed data on how long roofs are expected to last, what are the most common causes of roof related claims, and which types of roofs tend to work best. Read more →
We interviewed one of our clients, Douglas Inspection Service about Wind Mitigation Inspections. If you haven’t had one yet you may be able to save money on your Homeowners insurance! You can learn more about Wind Mitigation Inspections on our blog and read about them and Douglas Inspection below!
Q. How long is an inspection?
A. The time spent at the property is usually less than an hour. We do research prior to the appointment and at the home we verify the results of our research and confirm the way the roof is secured to the house. It really depends on how far into the attic the inspector has to go to find and photograph the features the insurer is looking for. Read more →
If you electrical panel looks like this call an electrician immediately!
Q. Why Are Certain Electrical Panels (Federal Pacific Electric & Zinsco) Ineligible for Insurance?
A. Passing judgment on these types of electrical panels isn’t something that insurance professionals can do, but many insurance companies say that they experience more claims related to electrical fires in homes with these panel boxes. Many times homeowners don’t know they have a questionable electrical panel until they have had a 4 Point Inspection. Read more →
A. A 4 Point inspection is like a check-up for the vital systems in your home. The inspection isn’t conducted on a pass/fail basis, but it can reveal areas that need repair. The 4 points examined are the roof, electrical wiring, plumbing, and heating/cooling systems. Many homeowner insurance companies require 4 Point inspections once homes reach a certain age. It’s a relatively easy and inexpensive way to ensure that your home is healthy and doesn’t have any hidden problems that may reveal themselves when least expected. When you hire someone to do an inspection you make sure they are licensed. We work with a few highly rated and recommended inspectors so if you need their number give us a call! It is possible that your insurance company may come back and request that you make a change based on the results of the 4 Point Inspection. For example, there are electrical panels that are old and can be a fire hazard and certain types of pipes that are found to leak more so if you have them the company may request that you replace or fix them.