Homeowners Insurance Nocatee FL

On October 18, 2012, in Homeowners Insurance, by TSGadmin

Buying Homeowners Insurance In Nocatee FL? Me too!

I have just purchased a home in Nocatee Florida and recently secured our Homeowners Insurance. I did notice upon writing our cHome Insuranceontract with the builder that there was a section in the contract where we could opt out of receiving a homeowners quote from the insurance agency that works with the builder. Owning an insurance agency myself, we obviously opted out of this option. A few weeks later we ended up receiving a quote from the builders agency anyway for our new home. Upon reviewing the quote I immediately noticed a few things on the quotes that could really be an issue in the long run. These quotes are sent out to be the lowest in the area and leave off some very important coverages.

“Personal Property Replacement cost” -A VERY important endorsement that was left off the quote. This endorsement to a homeowners policy serves to replace all of your contents in your home for it’s REPLACEMENT VALUE as opposed to the Actual Cash Value. I.E If you purchase your brand new $3,000 sofa and 3 years later your home burns down due to a fire, how much should you expect to receive for the sofa? If you don’t have Personal Property Replacement Cost on your homeowners policy, you could end up with a few hundred dollars due to depreciation and actual cash value. In reality if you want to replace the sofa, a brand new one will still cost you $3,000, This is why REPLACEMENT COST is so important. The entire object of Insurance is to make you whole again. How whole are you going to be with $350 to spend on a new sofa?

“Water Back-up and Sump Discharge or Overflow” – Another endorsement left off our quote. This endorsement serves to protect you from your pipes backing up or overflowing into your home. Most would assume this is an automatic coverage on a homeowners policy but occasionally it is not.

We all want to make sure we are completely covered in the event any of these perils come about. Owning an insurance agency, i was able to shop around for a quality company and a great rate. We ended up Insuring our Property on Kenmore Ave for $300,000 which included the endorsements listed above for around $800 a year. The insurance company has been around for 40 years and is A.M. Best rated! We couldn’t have been happier with the rate.

Please give us a call for a free review of your homeowners insurance policy if you believe you may have received and accepted the same offer. We are your neighbors and we can help! Looking forward to meeting all of you and helping you with Homeowners Insurance In Nocatee FL.

Paying too much for Insurance?

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The Salameh Insurance Group

Nocatee FL

904.436.6225

 

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Chris has been our agent for almost two years. We could not have been better served! Chris was responsive—always available when needed; he was thorough—knew what we needed before we did; and he was always willing to figure out how to make things work. With Chris, we know that we have someone who is competent, who cares about us, and whom we trust.

- Pat H. and Dennis F.

The Salameh Insurance Group provides exceptional service above and beyond ‘other’ competitors. I will continue to recommend my friends and family to use The Salameh Insurance Group for all of their insurance needs.

- W. Michael & H. Michael

The Salameh Insurance Group reduced my company's insurance expense considerably and improved the quality of our coverage. Chris has your best interest in mind and treats you like you are his only client.

- Kipp H.
VP Bio-Haz Solutions, Inc.