What's Your Property Worth?
Posted: January 30, 2017
What's Your Property Worth? How do you establish this value for insurance purposes? Gut feelings aren't the answer. Following are three terms that are often used interchangeably - and incorrectly so. Understanding these different terms may help establish your property's value and identify the insurance coverage that's best for you. Market value is the estimated dollar amount your property would sell for today, including the land it's...
What is an Insurance "Floater"?
Posted: October 12, 2015
Do You Need a Policy to Insure Your Special 'Floater'? Are you a musician? Do you collect art? Is your jewelry of the diamond and pearl variety? If so, you might consider a floater policy to protect your prized electric guitar or great-grandmother's earrings. Often there are limits to your homeowners insurance policy that will make the coverage insufficient for these types of items. They...
Deciding Between Replacement Cost and ACV
Posted: September 18, 2015
Do You Need a Policy to Insure Your Special 'Floater'? Are you a musician? Do you collect art? Is your jewelry of the diamond and pearl variety? If so, you might consider a floater policy to protect your prized electric guitar or great-grandmother's earrings. Often there are limits to your homeowners insurance policy that will make the coverage insufficient for these types of items. They...
