We all know that weather can be unpredictable, and although hurricane Matthew was luckily not as bad as we expected it to be, it showed how important it is to have flood insurance in the Charleston area.
Insurance expert Mark Allen dropped by to explain why it’s so important to have an insurance plan in place and what to look out for when selecting a policy. Here are some things to consider when selecting flood insurance.
Think of your insurance policy asan invisible safety net. Living on the coast has it’s perks, but if Mother Nature takes a turn for the worse, having a plan to fall back on for repair or damage costs will make sure you can sleep easy.
Most homeowner insurance policies will cover not only flood, but also wind and hail damage. Making sure you cover all your bases when it comes to unpredictable weather is key. Luckily, you can select a policy that will have you covered in any circumstance.
Make sure you check to see if you have one or several policies covering you for flood and weather related damage. Homeowners insurance should cover everything, and it’s much easier to have one policy than have several with different deductibles and coverages.
Remember that not all policies are created equal. Different policies will include different deductibles or coverage amounts and different types of coverage as well. Make sure your policy is right for you and your home.
Don’t fall for the “sticker price.” Many insurance agencies will try to sell you a policy without combing over the fine details. Different coverage amounts and types of coverage can sneak in, so make sure you know exactly what is and is not in your policy.
Don’t forget about your personal items inside the home. Make sure you have proper coverage for both the inside and outside of your home.
Talk to someone who will insure your home in the way they would want their home insured. Finding an insurance agent who walks you through your policy and makes sure you understand all the details, like what you are taking out or including, will help make sure you are getting the right coverage for the right house.
Get a flood quote. At the very least, you will understand what it is going to cost to include your personal items in your flood coverage.
If you have any further questions regarding flood or homeowners insurance feel free to give Mark a call, visit 1stCapitalIns.com, or shoot him an email!
Author:Dave Friedman Voted Best Realtor in Charleston Phone: 843-480-9737 Dated: December 16th 2016 Views: 762 About Dave Friedman: Voted Best Realtor in Charleston in 2014, it is easy to say that Dave Friedman is committed to his w...
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Evan Dua is a Listing Specialist who works with our sellers to sell their homes in the shortest amount of time possible and for top dollar.
Evan knows that the most important thing in everything that he does is honest, consistent communication with his clients as this is what has allowed him to secure countless referral clients and raving fans throughout his entire career. He knows that when he is hired to sell his client's home, he is not being hired to simply get them to the closing table. Instead, he is being hired to provide them with an experience that makes them rave to their friends and family for generations to come.
Having run a highly successful business in the past, Evan has learned that hard work and the utmost level of dedication and focus on customer service is what will turn any transaction into a "Disney" experience.
As a result of his commitment to his clients, Evan has spent his life creating positive change in the lives of others through unparalleled service and and the intentional use of proven and repeatable systems.
Evan holds a Masters degree in Hospitality (or as he likes to say, "Business with a smile") from Fairleigh Dickinson University where he put his passion for people to work and learned that if you love what you do, you will never work a day in your life.
After earning his degree, Evan quickly realized that his true calling is in real estate. Since quickly coming to this conclusion, he has dedicated his life to creating world-class experiences for our clients by selling their homes in the shortest amount of time possible, while netting them more money than they ever expected.