Home Insurance 

It is important to ensure that you have adequately protected your property and your finances in case disaster strikes.  Your home is typically your biggest asset so it is crucial to verify that you are properly insured so you can repair or rebuild your home in the event of damage or a disaster.   As many Larkfield homeowners learned their insurance policy was years out of date and fell significantly short of the funds needed to rebuild.  Don't make the same mistake.  Be sure to check your policies and consider our advice below to ensure you are protected.  

1.  Contact your insurance agent or company to discuss your policy limits and coverages.  Make sure your policy accurately reflects home square footage and current features.  

2. Consider purchasing building code upgrade coverage.  This will privide additional money to repair or rebuild your home up to current building codes. 

TIP 2: Know What Your Policy Covers
The details matter. Understand if you have a replacement cost policy that pays to replace all your items at current market price or an actual cash value policy that takes depreciation into account and pays less for aged items.

TIP 3: Update Your Policy to Cover Home Improvements
If you make home improvements, notify your agent or company to update your coverage. Make sure your insurer knows about any upgrades, so the improvements are covered if you need to rebuild. 

TIP 4: Maintain Insurance
If your home is paid off, be sure to maintain homeowner insurance. Without insurance, do you have the money to rebuild your home? Check with loved ones whose homes are paid off to be sure they continue to carry homeowner insurance.

TIP 5: Get Renters Insurance
Renters can lose everything in a fire and be left to start over. Many insurers bundle renters insurance coverage with an auto insurance policy at affordable prices.

Make A Home Inventory

Recovery is easier if you have an accurate home inventory. Document the contents of your home before a fire occurs. Use your smartphone to video your belongings. Keep your inventory & photos outside home or in the cloud.

TIP 1: Video or photograph each room of your home.
Remember to document drawers and closets.

TIP 2: Describe your home’s contents in your video.
Mention the price you paid, where and when you bought the item.

TIP 3: Remember to note important or expensive items.
Video your electronics, appliances, sports equipment, TVs, computers, tablets.

TIP 4: Save receipts for major purchases.
Store key documents in the cloud or fireproof case. Keep home inventory offsite or in the cloud.

TIP 5: Video the Garage
Don’t forget to video or photograph what is inside your garage.