I can cover damages, do I need home insurance?

If you have the funds, then you might not need to go out and buy insurance from someone like Brock and Poole Insurance Agency. The law requires that you carry auto insurance if you hope to drive, but generally speaking, when it comes to private property, there’s no law insisting on home owners carrying insurance. Indeed, many Collierville, TN homeowners opt to pay for repairs and so on out of pocket anyway in order to keep premiums low, reserving home insurance for major claims.

The question is whether or not this is a wise decision. To what extent can you cover your own home insurance needs?

When considering the costs involved in covering your own home, you have to consider not only repair costs but whether you can afford to cover a full rebuild should a hurricane or something destroy your home. An insurance provider can cover the entire cost of your home. Can you?

You also need to be concerned about liability. If a solicitor twists their ankle on your icy walkway, can you cover the legal expenses to fight their claim or the medical costs should you choose to settle?

It’s not just about whether or not you can cover damages and liability, but whether you can cover them comfortably. The cost of getting a policy in Collierville, TN with Brock and Poole Insurance Agency is going to be considerably less than rebuilding your home or fighting a frivolous lawsuit. You could save a little money in th short run by skipping insurance, but, should something happen, is that what you want to spend your savings on?

Is Home Owner’s Insurance Necessary?

Home owner’s insurance is always something that homeowner’s need. In fact, many financial institutions require coverage for all mortgages. If you have received financing from your bank and hold a home owner’s insurance policy it may just cover the basics. Brock and Poole Insurance Agency is here to help guide through the often confusing process of determining the adequate amount of coverage for your Collierville, TN area home. Insurance needs vary for each situation and the amount of coverage required for your mortgage is likely not the full coverage that you need.

Home owner’s insurance can help to cover costs incurred by damage to your home. Depending on the policy, it will cover damage from storms and other natural disasters as well as theft and accidents. It is very helpful to have a professional insurance agent working with you to help determine which coverages are necessary and at what level. The Brock and Poole Insurance Agency is extremely knowledgeable of the needs and requirements of homeowners in the Collierville, TN area and what type of policies are best for their needs. When you work with an experienced agent you will be able to rely on their expertise and training when you are researching policies and the different scenarios that they cover. 

Home insurance is something that we hope we never need, but it is also essential to have the proper level of coverage. Insurance claims can be confusing and the associated paperwork can be time-consuming. The professional agents at Brock and Poole Insurance Agency are able to walk you through the process if you do have a catastrophic event affect your home. Working with an agent can give you the peace of mind that you desire, knowing that your home is covered from unforeseen events.

Is It Time to Update Your Home Insurance Policy?

For many Collierville, TN homeowners, the only time they ever look at their home insurance policy is when they first purchase or rent the property. If you settled down and raised your family, it may have been twenty years since you last reviewed your policy and what it does and does not cover. Brock and Poole Insurance Agency. wish to remind you that sitting down with your agent isn’t simply an opportunity for us to sell you something, but a chance to ensure that you are protecting your investments, family, and lifestyle that has surely changed over the decades.

Review the Assessed Value of Your Home

When you bought your mortgage, your home was possibly worth half or less of its current potential sales price.  While it may save you cash on property taxes if your city or town has not recently assessed your property, if it was damaged in a fire or storm, a below market assessment and insurance policy could result in an insurance payment that is unable to fix your home.  With real estate values on the increase across the nation, this is a good opportunity to protect your most valuable investment.

Valuable Possessions May Benefit from Itemization and Inventories

Over time we often replace our bargain basement set of dishes with elegant stoneware or china. Dime store posters are discarded in favor of artwork.  Collectibles begin to inhabit glass cabinets and even wall safes.  Will your twenty-year-old insurance policy replace unique items at their full value, or will they be considered at the time of a claim as less valuable due to their age? You might want to include full value replacement when you update your policy.

Your agent at Brock and Poole Insurance Agency looks forward to helping you find the coverage you truly need for your Collierville, TN home.

When to Get More Coverage: How Home Insurance Protects the People of Collierville

Moving into your home can be one of the most exciting things you do. You picture all of the ways you’ll make the best use of your property, whether that’s morning cups of coffee at the breakfast nook or peaceful outdoor strolls in your backyard. One of the things that isn’t likely to make you excited though is having to decide which home insurance policy to get. It can make you think about all of the bad things that could happen to your property which, let’s face it, almost no one wants to do.

But home insurance is not just a luxury for only the rich, so Brock and Poole Insurance Agency wants the people of Collierville, TN to know more about finding the best policy.

Everything Gets Better 

No matter how much you have when you first move into a house, it’s likely to only get better the longer you live there. Old iPads are replaced with the latest versions or new jewelry is purchased for that important milestone birthday. Whenever you increase the value of your home though, you risk exceeding the limits of your home insurance policy. The same goes for any type of home renovation or improvement you do. With Brock and Poole Insurance Agency on your side though, you’ll have an easy way of updating your policy so that you won’t be held liable for damage if it does happen to befall you. 

Give Us a Call 

If you live in Collierville, TN, then we want to speak to you. We serve the people of your area, and we understand how home insurance helps everyone out. Call us today to speak to our agents and find out more about the best policies for you. 

How to File a Home Insurance Claim

The first step to any insurance claim is to take the time to document what happened. Say there was a storm and a tree fell onto your roof destroying a large part of your home. You would want to take photos, write down the timeline of events, and take the time to really document what happened in order to make a clear picture for your insurance company. For those in the Collierville, TN area, the agents with Brock and Poole Insurance Agency can help.

After you document what happened you will need to contact your insurance agency in a timely manner. This means within days of the event so that the process can move along quickly. After contacting your agent you will be asked a series of questions so that they can build your record. They will also likely make an appointment for an adjuster to come to your home and document and evaluate what happened.

The adjuster will do a walk through and talk with you about the damage and about what possible fixes there are for what has happened. An adjuster is there to help determine how much it is going to cost the insurance company to fix the damage, they are also there to determine if the damage falls under your policy and if they can write a check to the appropriate people to get the damage fixed.

After your adjuster comes he or she will report back to your insurance agency and will tell them what they found. After this, the insurance company will decide what amount to award and how to pay out. Often, insurance agents will pay the workers directly or will give you a sum of money to have the repairs made. For those in the Collierville, TN area, the agents with Brock and Poole Insurance Agency can help.  

The Benefits Of Getting Your Home Ready For The Fall

If you don’t want to be bothered with a fall home checklist in Tennessee, you may want to rethink things. There are many benefits to spending some extra time in and around your home to get ready for the cooler weather.

Avoid a Fire

You can practice fire safety with a home checklist. This includes having the chimney cleaned, checking the smoke detectors for new batteries, and much more. This way, if there ever is a fire, you can be sure that the detectors will alert you and your family.

General Home Maintenance

A lot of what you do is good home maintenance. It will help you to keep your home running in tip top shape so you don’t have to worry about high replacement costs of anything. This includes cleaning the gutters so you don’t have to deal with rust and corrosion. It’s also important to make sure your roof is inspected so you don’t have problems with it once more leaves start to fall, and soon, snow.

Enjoy Peace of Mind

You want to know that all in your home is prepared to work through the fall and winter months. It’s why you want an HVAC technician to come and check out your central heat. It’s also why you should turn off your irrigation system to avoid frozen pipes in the deep of winter.

In the end, the fall checklist is designed to ensure you have less to worry about. You don’t want to wait until there’s a problem. Much of what you do can help you to get problems fixed before they become an issue.

Contact Brock and Poole Insurance Agency today to learn more about how to obtain quality home insurance to protect your home in the fall and the rest of the year.

 

Packing a Family: Tips to Ease the Stress

The stress that comes with the process of buying and selling a home is stress enough but then comes the added pressure of packing a home, especially if you have a family with children. However, with a few tips, in place, packing can be a breeze.

Develop a Plan
Plan ahead and make a list of rooms and items in the home that can be packed first and will not be needed for everyday use.  Wait to pack toys and items in the children’s room until last as this is what will help keep them busy as you pack items in the rooms.

Allow Time for Packing
Once you have a plan in place as to how you plan to pack each room, you can then figure out how much time you will need based on the quantity of items and type of packaging those items will need. Each day, have the children watch a movie or do an activity which will allow for you to have a chunk of time to pack.  

Let the children help
Have older children pack their own items and decide what items or clothing they no longer want.  If they are having a hard time making decisions, give them a limit of how many items, such as 5 large or 10 small items, they must decide to donate or give away.

When moving, home insurance needs can change based on the type of home, size, and area that you are moving to.  In order to ensure that you have the best  type of coverage for your needs, contact Brock and Poole Insurance Agency today to see the services we offer or to compare quotes.