Reminder To Double-Check Your Homeowners Insurance

Here are a couple of helpful reminders regarding homeowners insurance.

If you’re like many homeowners out there, you probably don’t think much about your homeowners insurance.

"Evaluate your coverage after making renovations or improvements."

I always recommend getting a homeowners insurance checkup every few years to ensure you have the best possible coverage at the best possible price. When you need it, you really need it.

For example, if you’ve renovated your home or made any improvements, now is a great time to evaluate your coverage and possibly increase your policy. 

For condo owners, loss-assessment coverage is something you may need. It will cover the deductible on the master insurance policy, which can be thousands of dollars. If something goes wrong in your condo and you need both your policy and the master insurance policy to cover it, you would be on the hook for both deductibles if you don’t have loss-assessment coverage. 

I recommend checking in on your policy every few years with your insurance professional to ensure it suits your needs. If you need a recommendation, I encourage you to reach out to my friend Mike Herson with Congressional Insurance at (240) 912-4150 or [email protected]. If you have any other questions about real estate, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.