Edwin Gerace's Real Estate Blog

Thursday, January 3, 2008

Insurance in Real Estate

A NOTE FROM DOUG BOLIN AT NATIONWIDE INSURANCE

10 Tips on Home Insurance
Just because you need home insurance to complete your mortgage, doesn’t mean that once you sign on the dotted line, you're finished with it. Follow these tips to make sure that your home insurance policy is the right fit for you. 10. There are different types of homeowner insurance policies and depending where you live, different items are covered (or not covered). Make sure that your home is covered if that stream beside you overflows
9. In general, lower deductibles mean higher premiums but less out of pocket costs if something happens
8. Discounts. By staying with an insurance company for longer periods of times or using the same company to also insure your vehicle, you can save money on your insurance
7. Typical homeowners insurance doesn't cover your car in the driveway or the termites that are attacking your walls
6. Buying a home security system can help you save money on your policy
5. Many homeowners are underinsured. Make sure you check your insurance policy every year and update it after major renovations or additions
4. Talk to your insurance agent or professional about insurance to cover floods or earthquakes. Your policy may not have these extra items covered
3. Take a yearly home inventory. This will help you if a disaster strikes by showing or listing all your items and their value
2. If you want to be able to cover Great-Grandma's pearl earrings, make sure you talk to your agent or professional to make sure you have the proper coverage for them. Typical policies don’t cover expensive jewelry, paintings, photography equipment or musical instruments
And the number 1 tip on your homeowners insurance: Make sure you read your policy. Just because it's thick doesn't mean that it isn't important
Nationwide Agent Doug Bolin
Doug Bolin Agency
1223 South lake Dr. Ste. D
Lexington SC
803-808-0500

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Edwin Gerace's Lexington SC Real Estate Blog

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Lexington, SC, United States
Edwin Gerace is Realtor with Holiday Builders in Lexington South Carolina. Edwin specializes in New Construction and 1st Time Home Buyers. Edwin is very active in Lexington South Carolina and is knowledgeable about the surroundings. Edwin is very active in his profession and community such as: On active committees with the Columbia Home Builders, active and on committees with Lexington Chamber of Commerce, Town of Lexington Performing Arts Center, Green Building Council of HBA, LORADAC, State Association of Realtors on State and Local Level, and many other community oriented service groups.
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