December 16, 2016
We can never plan for the unexpected, but we can protect our most valuable assets. Buying and owning a home is the American dream, and people should protect that investment with insurance. Sometimes people think that their home may not be worth insuring; perhaps they feel that they don’t need coverage or they may not be able to afford coverage. There are many misconceptions when it comes to insuring a home. Home insurance is available and affordable for anyone in any situation. Derek Riewe and Cresta Combs of Menicucci Insurance Agency say a good start is to find the right insurance for your situation.
Find A Good Agent
“The best insurance is a good agent,” said Derek. Your insurance agent should help you through the process and review coverage to best suit your needs. Start with the basics said Combs, then review other optional coverage you feel is needed to fit your individual situation and financial ability. Many people believe their home is not worth purchasing coverage whether it’s the age of the home, the fact that the home is owned outright or simply because they are not concerned with the “what if’s”. The purpose of insurance is to get you back to where you were before you suffered from a loss and if you can’t afford to rebuild your home from the ground up or even in the event of a partial loss, then find a good agent and get yourself some coverage.
Start with evaluating the cost to rebuild the home; this cost and the market value will almost always differ. Coverage is meant to protect you due to a catastrophic loss like, fire, wind, hail, bursting or freezing pipes; typically wear and tear and lack of maintenance is not covered. Of course coverage comes with stipulations; make sure to review the policy exclusions with your agent. Insurance has also expanded to cover many features such as solar panels, large appliances as well as coverage for materials during a remodel or addition. Insurance rules are always changing, so having an agent who is up to date with industry changes is a great benefit for you.
Shop Local
Using a local insurance agency and local agent comes with more advantages; local companies know the lay of the land. Menicucci Insurance Agency is a privately held, family owned independent insurance agency, established in 2007 by Brian Menicucci. They work with many insurance carriers to assist in matching clients to a plan suited for their individual needs. Independent agencies can be advantageous in that they shop for the best coverage based on need and can offer the best pricing as well. Bundling coverage is also a great way to save money. Overall finding an insurance agent that is willing to work with you is your best option so you can have someone to advocate for you. Homeowners insurance is available to protect not only the home, but the family that lives in it.
Menicucci Insurance Agency is a family owned and family run business.