HOME INSURANCE: ARE YOU COVERED?

Purchasing a home is a lengthy and difficult process; especially with Clarksville’s continuously growing population. However, one key step that most people seem to neglect is finding, and implementing, an effective home insurance plan.

Determining which insurance plan is right for you might seem like quite the daunting task, but once you find the right agency, and agent, the task at hand becomes less daunting and more exciting. With the constant fluctuations in Clarksville’s current market, you want to ensure that your home is not only protected, but that you also have another person in your corner striving to help you succeed.

Most of us don’t know where to start when it comes to implementing a home insurance plan, and that’s okay! It’s always best to start with some research of your own, and that starts with seeing the different coverage options that are available and determining which category best suits your home.

Finding the right amount of insurance coverage could save you from problems further down the road. For example, if you have too much coverage, you might be getting scammed, and if you have too little, you might not have enough coverage to keep your home protected.

Believe it or not, there are different levels of home insurance coverage. One of the levels is actual cash value. This level is the amout equal to the replacement cost minus any depreciation at the time of loss. This coverage may be more cost effective in yearly premium but less coverage in the event of a claim.

Another level of coerage is replacement cost, which covers the actual replacement cost of your home and does no take depreciation into account. This is considered the more “Sturdy” type of coverage because it means your home will return to its orginal value once it’s rebuilt.

The ultimate deciding factor truly comes to your financial situation and position in life. If you are planning to live in your home for several years, replacement value level of coverage will be your best option.

Once you determine the best coverage option, take it upon yourself to determine which agency best fits your criteria. Currently, most people find themselves looking for a local insurance agent with a personal touch and abundant knowledge of the area where they are buying a home.

Because buying home insurance is such a big decision, you want to make sure you find an agent that can give you the personalized attention that you need. One agent that comes to mind is Danielle Stack with Farmers Insurance. She is a Clarksville native who treats each client like family. Not only is she a great Insurance Agent, but she a great person who truly cares about the betterment of those around her.

If you have an insurance questions, Danielle would be happy to answer them! Her office is located at 2421 Highway 41A, Suite 300, and her number is (931) 553-1493.