What Kind Of Damages Are Included In Home Insurance?

When you’re living in Monroe, CT, you need to make sure you have a home insurance policy that is capable of protecting you against anything that might happen. All sorts of damages can occur to your home. Fida Insurance Group can help you to review your policy to ensure you’re sufficiently protected.

A standard policy will protect you against fire, hail, lightning, and storms. Other disasters might be listed in your policy, too. If they’re included in the policy, then you can file a claim. Otherwise, a claim would be denied if the damages are as a result of something that isn’t covered.

Floods, for example, might not be included in your home insurance policy. If you experience a flood at your home, the damages would not be covered by your home insurance company. This could leave you vulnerable for the expenses.

Damages may not be covered by earthquakes or routine wear and tear, either. This is why you want to make sure that you read through your home insurance policy carefully. It is also possible to include various riders so that you can include additional levels of coverage.

It’s nearly impossible to guess at what could happen. However, you can look at what has happened around your neighborhood in the past. If floods, earthquakes, or various other problems have occurred, you will want to make sure that you have enough protection on your home insurance policy. This way, if you file a claim, you can do so with confidence knowing that the insurance company will take care of the majority of expenses. The only thing you would have to pay out-of-pocket is the deductible.

At Fida Insurance Group, we have independent insurance agents to help you with your home insurance. We can ensure you’re covered against any damages that could occur in Monroe, CT.

 

 

When to Buy Home Insurance

Your home is likely the most expensive thing that you have purchased. This makes it one of your biggest investments, at least in things that are physical items. The last thing you want to happen is to lose that investment. However, that can happen if you do not have the proper insurance on your home to protect you from things that are outside of your control. If you want to protect your home in Monroe, CT, here at Fida Insurance Group, we recommend that you always have home insurance coverage. 

If you do not already have home insurance on your home, you should consider getting it as soon as possible. Ideally, you should get home insurance on your home as soon as you purchase it but if you have not done this, you do not want to wait another day. Your home can become the victim of a number of things including burglary, fire, or another natural disaster. You cannot predict these things and you do not want to worry about it all the time. 

So what can happen if you do not have home insurance and something happens to your home, what happens? To put it simply, you will lose everything in that incident and you will not have the money to rebuild. This means that you will no longer have a roof over your head or any of your personal belongings if it is a total loss. 

This is not something that you want to happen to your or your home. The only way to protect yourself is by getting home insurance as soon as possible. Be sure to contact us here at Fida Insurance Group, serving Monroe, CT, to get your home insurance policy today. You do not want to leave another minute to chance. 

How To Determine The Coverage Limits For Your Home Insurance

Monroe, CT is one of many “bedroom” communities in Western Connecticut. The area is known for elegant homes. Homes need insurance. There are several ways that a person can determine the coverage limits for their home insurance.

You should first understand what coverage limits mean. You must include the value of the physical structure. You can include an increase in the value of the physical structure based on the average inflation rate. This keeps you from losing anything if the home is destroyed in a disaster.

If you are buying a home, you can ask the previous owner about their coverage limits for the physical structure. You should ask about any additions and modifications the previous owner made.

You must include all of the stuff that will go in the home. Appliances, clothes, electronics, furniture, and other large items are important. You should include all the small things like tools and small appliances as well. Making a film of all the contents is a permanent record of what you have.

Your coverage limits depend on where you live in Connecticut in part. Coastal areas had a hard time in the last few years due to hurricanes. Monroe, CT had its share of damage from the weather as well. The Connecticut Insurance Department has prepared a very helpful resource for determining coverage limits for home insurance based on location and weather.

You have to coordinate any home insurance purchase with your mortgage lender if you plan on getting a mortgage. The laws are complex about insurance and mortgages. 

The easiest way to determine the coverage limits for your home insurance is to contact an independent insurance provider like Fida Insurance Group. Independent insurance providers allow you to select from the best options in home insurance available in the United States. You get insurance that is tailored to your home and your situation.

Contact Fida Insurance Group with all your questions about coverage limits for your home insurance. Twenty-five years experience in providing home insurance solutions is something you can depend on.

 

Massive Hurricanes Remind Us All To Have Adequate Home Insurance

The recent hurricanes that hit Texas and Florida remind those in Connecticut, who live near the coast, of the importance of having adequate home insurance protection. Lenders do not always require full replacement coverage because they are only concerned about getting the loan repaid. Homeowners, on the other hand, benefit greatly by making sure they have enough coverage to be able to rebuild their home if it is damaged or destroyed.

It can be a real problem if your home is underinsured. Recent news reports note that the Federal Emergency Management Agency (FEMA) is running completely out of money, so the government may not be able to help if your home gets damaged. Climate change is certainly causing storms to become more severe and the recent hurricanes broke all-time records.

The agents at FIDA Insurance Group serving Monroe, CT, and the surrounding areas are able to help you if you are concerned about your existing home insurance coverage or if you need brand new coverage.

Things to consider are:

  • Replacement Value – The goal is to make sure the replacement value accurately represents what it would cost to rebuild your home if it was completely destroyed. Be sure to add in the cost of any recent upgrades, renovations, or additions made to the home.
  • Disaster Coverage – While wind damage may be covered by a home insurance policy, water damage from flooding usually needs separate flood insurance coverage. Check with your agent to be sure.
  • Personal Property – Having a complete list of the values of all personal property, especially that takes note of any expensive items kept in the home, garage, or on the property, is a very useful tool to help make calculations of the coverage amounts needed.

Contact an agent at FIDA Insurance Group serving Monroe, CT, and the surrounding areas for help with home insurance in order to make sure you have adequate protection.

Does Marriage or Divorce Affect Your Home Insurance?

A change of status from single to married or vice versa could have an effect on your home insurance. When people marry, they usually combine two households, increasing the amount of goods that need coverage. As a result, you may need to increase your policy limits to get accurate protection. In the case of divorce, you may need less coverage due to a spouse leaving with his or her personal effects. Here are a few ways a change of status can impact your home insurance policy.

Marriage

If you and your new spouse bundle your home and auto policies, you could qualify for a discount on your premium, saving you money on insurance costs. This savings could be invested in increasing coverage limits to protect your combined households.

An increase in personal property will require more coverage, especially if your spouse brings valuable goods into your Monroe, CT home. At Fida Insurance Group, we can help you personalize a homeowner’s policy that meets you and your spouse’s needs.  

As newlyweds, you may also want extra liability coverage to protect your combined assets. Umbrella liability insurance will protect such assets as your home, vehicles, rental properties, etc. against major claims or lawsuits.

Divorce

Divorce will require that you alter your policy to reflect changes in your household. If your spouse leaves with his or her personal effects or you divide furniture or other assets, you could reduce property coverage to save on insurance costs. If both of you are listed on the policy, you’ll need to make changes to ensure you’re still covered once the divorce is done.

By discussing upcoming status changes with your Fida Insurance Group agent in Monroe, CT, you can avoid problems in protecting your property. We’ll do all we can to ensure a smooth transition in your home insurance coverage.    

 

Does Home Insurance Cover Injury to Visitors?

Everyone loves having visitors to their home but there is always the what if, what if they get hurt, how will I pay the bills, how will the issue be resolved? What most people do not know is that if someone is injured on your property or in your home, if you are insured, they are covered as well. For those in the Monroe, CT area, the agents with Fida Insurance Group can explain further.

Insurance on your home works to help protect you from any event that might happen. This means that it also protects you if your visitors are injured while in your home. This means that they will not be able to sue you personally but rather can file a claim with your homeowner’s insurance to help cover their medical costs. There are some stipulations, however.

The first is that they have to have been injured as a result of something in your home or your property itself. If they are stung by a bee, for instance, this would not be covered simply because it is a force of nature. If they fall into a hole on your property however and break their ankle, their claim would be covered. Similarly, if there was a tornado and they were in your home when it occurred and were injured the home and your visitors would both be covered.

The best way to see if you are insured is to talk with an agent and go over everything that the policy covers. As a general rule, homeowner’s insurance is in place to help maintain and protect the home as well as protect the homeowner. For those that live in the Monroe, CT area, the agents with Fida Insurance Group can go over each and every eventuality and help you find out just what your policy covers or what it might be lacking.

Do You Have Sufficient Home Coverage for Storm Damage?

Fierce winter storms can cause extensive damage to your Monroe, CT home. With home insurance from Fida Insurance Group, you can rest assured that your home and personal effects are protected against severe storms. If you live in an area where storms are prevalent, you should ensure you have adequate protection to meet your needs.

What Aspects of Storm Damage does Home Insurance Cover?

The average home insurance policy covers damage to your home structure and personal belongings due to inclement weather. This includes damage caused by falling trees or debris caused by severe winter storms, heavy rains, hail, winds and tornadoes or fire caused by lightning strikes. The amount of protection should coincide with the value of your property.

Flood protection is generally not covered within a standard home insurance policy. If you live in a flood zone, you should obtain flood insurance to protect your investment.

If storm damage makes your home unsafe to live in, loss of use insurance could cover your living expenses while your home is undergoing repairs. You can discuss this coverage with your insurer to get a better understanding of what it has to offer.  

Home Upkeep Essential to Receive Coverage

Home maintenance is essential to getting the storm damage protection you need. If your house is in disrepair or suffers extensive wear and tear, your insurer could refuse your storm damage claim, stating that poor maintenance contributed to the damage. Keeping up with home maintenance to include roof repairs, regular cleaning of gutters and replacement of worn windows and doors reduces the risk of severe storm damage to your home. It also makes it easier to file for a storm damage claim if and when you have need.    

For more information on how to obtain the best storm damage protection for your property, contact your Fida Insurance Group agent today.

Smart Home Security Tips

You want to keep your family and valuables safe. Fida Insurance Group in Monroe, CT has expert insurance agents available to advise you on how home security could affect your insurance policy.

Change Your Door Locks

With all of the excitement of a move, it is easy to forget that your home may be brand new to you but was someone else’s previously. Change all of your doors’ locks, including the bedrooms and garage doors. If you’re renting, you may need to contact your landlord before changing the locks and give them an extra set of keys.

Add an Alarm System

Mostly, alarm systems are a deterrent for burglars. Once they see or hear an alarm go off, they are likely to run away. But if they are bolder, an intruder may try to break in regardless of your system. The good thing about having an alarm is that the system immediately notifies your security company if there is an intruder. The company will, in turn, contact the police and send them to investigate the disturbance.

Protect Your Home When you’re Away

If you are away from your home on vacation or a lengthy business trip, keep the lights on at night. Install an automatic light timer that will turn your lights on and off during non-daylight hours or have a friend stay to show a presence in the house.

Call your local newspaper delivery service and the post office and have the deliveries stopped until your return date. A pile of newspapers and packages at your doorstep is an indicator to thieves that you are not home and won’t be back for some time.

In Monroe, CT, the independent insurance agents at the Fida Insurance Group can help you keep your home secure with homeowners coverage and any additional insurance that you may need.

Is Your Home in Good Shape for Winter?

It is the middle of winter now in Monroe, CT, which means cold weather. When it’s cold, it is nice to come home to a warm and cozy house. To keep your home comfortable and safe all winter long, it is important to take a few steps to winterize it. Even though we are well into the season already, at Fida Insurance Group, we believe it is never too late for routine maintenance that helps to preserve your home. If you haven’t prepared your home for winter, or have recently moved to the area, here are some steps to take get it in shape.

Winterizing the Exterior of Your Home

You may have already begun to use your fireplace.  However, you should still inspect the chimney if you have not already done so. Check inside the fireplace for debris. Examine the bricks and mortar joints around it. If any of these are damaged, repair them. While on the roof, inspect your shingles and flashing for damage. Any kind of roof damage can lead to water leaks from rain or melting ice and snow.

Winterizing the Interior of Your Home

To ensure that the cold air stays outside, make sure that your windows and doors are properly sealed. Replace the caulking around the windows if you feel a draft. For doors that lead to the outside, the weather stripping may need replacing if air is seeping in. Add insulation in the attic if you can see the ceiling joists. By taking these steps not only will your home stay warm, you may even notice a difference on your next energy bill. If you need assistance, contact one of the agents at Fida Insurance Group of Monroe, CT. We are here to help you. 

The Best Things to Do Before a Winter Storm

Winter storms are a common occurrence in Monroe, CT. Even if you are used to them, you may not be properly preparing for them. Before the next winter storm comes, be sure to use these tricks so you are fully prepared.

Stock Up on Food and Water

Winter storms can be unpredictable and you want to make sure you have enough food and water in the home for everyone to survive on for a few days, just in case you are stranded. When choosing food, you may want to opt for some options that do not require any cooking in case you lose power at any point during the storm. 

Get Salt

More than likely, you will get some ice on your driveway and walkways. To help speed the melting process up, put some salt, sand, or cat litter on these areas before the storm. Even if you cannot do this before the storm, have some so you can put it on after. 

Get Other Essentials

You should also get some items that you may need like an emergency kit, candles, fireplace supplies, and extra blankets. Make sure you are prepared for anything including a power outage. It is always good to have a heat source so make sure you have everything you need for your fireplace. 

Even when you are prepared for a winter storm, things can still happen and you may have damage to your home. The best way to protect your investment is with a great home insurance policy. If you are looking to get your first policy or simply want to shop around for a new one, be sure to contact our office serving Monroe, CT. Fida Insurance Group can get you some quotes that you can afford for policies hat can protect you.