A lot can happen to your home from year to year in Pinecrest, FL. It’s critical that you keep your home insurance policy up to date. Otherwise, you run the risk of not having the coverage that you think you do. At Hamilton Fox & Company Inc., we recommend reviewing your policy every single year.

There are quite a few things to look at when you review your home insurance policy. This includes the cost as well as the coverage. The cost may vary from year to year, which is also why you should get quotes from multiple insurance companies on an annual basis. As for the coverage, if you have added various components to your homes, such as a pool or a free-standing garage, these need to be added to your policy.

You may qualify for new discounts, too. If you fenced in your yard or added a security system, you have made your home safer. It’s worth mentioning to the insurance company as they may supply you with a discount.

Since so much can happen in a year, you might not think to add them as they occur. By taking the time to review the details of your policy, you can make sure that everything you own is covered. If you have made a number of major purchases, you may even want to add a high-value rider so that you are protected if your personal belongings are damaged or stolen.

You will want to protect your home in Pinecrest, FL however you can. While it’s easy to think that your home insurance policy is enough, you have to keep it updated. Contact us at Hamilton Fox & Company Inc. today so that one of our independent insurance agents can help you with any updates that need to be made to your policy.

 

 

Apart from being the roof over your head, your home is your most substantial investment. Home Insurance from Hamilton Fox & Company Inc., serving Miami and Pinecrest, FL, is the coverage you need. Here are a few things that you should have in mind when it comes to home insurance:

Structure Protection Policy

For homeowners, structure coverage is crucial. It covers damages caused by storms, fire, and other natural catastrophes. It is advisable that you insure your house comprehensively so that in case of total loss, you are assured that your home can be rebuilt.

Home Contents

In case of theft or fire, you may lose not only your home but also personal belongings. Most insurance policies will help you replace some of the lost belongings. However, it is your responsibility to provide the list of the home’s contents.

Property Damage

This coverage aims at protecting you from damages emanating from your home to someone else’s property. Your son may accidentally kick a ball which damages a neighbor’s glass door or window. 

Personal Liability

If you get sued for causing property damage or injury, this policy covers the legal expenses of your defense in court.  Moreover, if the judge finds you culpable, the policy pays the court award depending on your coverage limits.

Medical Expenses

When you have friends over, and an accident occurs causing injury, home insurance coverage can cover their medical expenses. All you have to do is to submit the medical bills to the insurer.

Update Your Policy

It is imperative that you keep your insurer informed on home renovations to adjust your coverage appropriately.

Hamilton Fox & Company Inc. proudly serves the Pinecrest, FL area. If you need a home insurance policy, please contact our agents to learn how to get started. Also, try our online rating tool for a quote from home on a home insurance policy.

At Hamilton Fox & Company, Inc. in Pinecrest, FL, We Want You to Be Better Safe Than Sorry

Once you begin a renovation project that includes digging large holes into your deck, it is important to consider what you may uncover in that beautiful backyard of yours. Some homeowners find that they have sinkholes in their yards which could pose a significant danger to the members of the family.

How the deck will be approached from the main structure of your home is an item that you will want to communicate to your agent. Your agent may ask you some of the following questions about your new deck:

• How the deck will be exited and how many exits are to be constructed?
• Will it include fencing?
• What are the exact measurements of the deck?

Adding a deck increases the value of the home considerably. Having a discussion with your insurance agent is a smart way to learn how this undertaking can affect your policy. If you are adding a spa or other expensive amenities to your new deck area, you may want to add more loss protection and liability components to your policy.  

Your insurer may require that you hire a general contractor who is adequately insured against being a hindrance to your home improvement. Through all of these considerations, it is inevitable that your insurance policy will change, but that doesn’t mean necessarily that the rate will increase.  

Come in today to discuss how Hamilton Fox & Company, Inc. in Pinecrest, FL can help you develop a homeowners insurance policy that will be a comprehensive tool in protecting your Florida home. Whether or not you are considering a renovation at this time, having a great policy is priceless as you assume the responsibility of home ownership.