The weekend of March 4th, March 6th, Cochrane & Porter will be attending the 2016 Worcester Spring Home Show at the DCU Center in Worcester, Massachusetts. We plan to educate those who visit our booth on both homeowners and automotive insurance. There are many questions asked by the typical consumer about homeowners insurance. Therefore, I’ve decided to write a blog on them!
How can I save money on homeowners’ insurance?
There are several ways you can save! At Cochrane & Porter, we have access to the top insurance companies in the industry, so we can shop around and find what will work for you. Just a few ways to save include raising your deductible, purchasing your auto and home insurance from the same carrier, and looking for other discounts – retired discount, good student discount, or maintaining a good credit record often will receive a credit.
What is the rebuilding cost of my home?
Many people are, understandably, confused by this – it’s important to know that the purchase price is not the same as the dwelling cost. For example, if a devastating storm occurs and totals your home, the dwelling coverage is the amount it would cost to replace the home after that happens.
What does homeowners insurance cover, and what does it not cover?
Typically, a homeowner’s insurance policy will cover damage caused by fire, hail, lightning, windstorms, theft or vandalism. Ask your insurance agent if you are wondering if something is covered or not, Here are some examples of problems that are generally not covered by homeowners insurance: Sewer backup, mold, sinkholes, termite infestation, & nuclear plant accidents.
Keep in mind if you have any questions regarding your current insurance or if you are purchasing a new home, you can call us at 781-943-1555 or email us at firstname.lastname@example.org.