Some of the most common mistakes buyers/homeowners make when buying insurance are listed below. Please contact me so I can recommend a professional and reliable insurance agent to fill all your insurance needs.
Failing to schedule higher value on your jewelry, fine arts and collectibles.
Under insuring your home. Always aim to insure your residence for what it would cost to replace it if it was totally destroyed in a fire, flood, etc.
Not buying sufficient umbrella insurance. Most financial planners suggest you buy umbrella coverage that is one to two times your personal net worth.
Not buying flood insurance, if you live in low lying areas. Stroms can cause standing water or sea levels to rise quickly and without warning. Since flooding is excluded from most homeowner's policies, a separate flood policy is recommended.