Auto, Life & Home Insurance in Southlake TX
Insure Your Valuables Are you wondering how to protect and insure your valuables? Your homeowners insurance generally covers the contents of your home. However, there are specified limits on certain items such as jewelry, paintings, antiques, collections, musical instruments and silverware. For broader protection of your most valuable items you may want to add a …
Glossary of Homeowners Insurance Terms Below is a glossary of Homeowners Insurance Terms: Actual cash value (ACV):The value of your property, based on the current cost to replace it minus depreciation. Also see “replacement cost.” Additional living expenses (ALE):Reimburses the policyholder for the cost of temporary housing, food, and other essential living expenses, if the …
HOA Q’s Ask what type of homeowners insurance policy they are selling. Is it the HO-B, HO-A, or another policy? If it is an HO-A, ask if any coverage has been added to the base HO-A policy. Verify what they tell you with an independent source (such as the OPIC policy comparison chart ) If it is another policy …
Are you getting the best insurance rate? When getting a quote for insurance, ask the agent if this is the best insurance rate offered to any applicant by any company the agent represents. If you are not getting the best rate, ask why not. Ask when and how much the company’s last rate increase was. Agents do not …
