Your home insurance policy can look very different from your next-door neighbor’s, even though you’re located in roughly the same spot, exposed to roughly the same risks, and likely paid a similar price for the home. If you live in Denver, CO, it all comes down to the way that you structure your policy. Anderson Atwood Consulting is here to provide you with a few tips to understand more about the layout of your policy.
Extras and Additions
If you don’t own your home outright, you’re likely required by your lender to have some type of home insurance. However, most lenders are concerned that you get basic coverage for the property. If you want your possessions to be covered from damage or theft, including your electronics and jewelry, you’ll need to ensure that your policy is structured to give you that protection.
Also, you’ll need to consider the events that are listed on the policy. If your basement is flooded, does your home insurance cover it? What about if there’s a tornado? These questions may not be easily answered if you’re trying to page your way through a novel-length policy.
A More Stable Structure
The more stable your home insurance, the more stable your home will be. And while you don’t necessarily need to buy every form of protection in Denver, CO, you should at least know what you’re giving up before you sign on the dotted line.
Anderson Atwood Consulting is here to help you give your policy a refresh, or we can also help you start from scratch if you’re buying your first-ever home. Whatever you’re looking for, contact us today to talk more about what the right policy should look like for your property.