Is Your Home Covered in the Event of a Fire?

A recent house fire reminded me of the value of good insurance.

Recently, I experienced a house fire, which caused my family and I to rediscover just how important it is to have up-to-date insurance that covers such an unfortunate event. When our neighbor saw the fire from her second-story window, she promptly called her dad, who came outside. They called 911 and attempted to combat the flames with a garden hose until the fire department arrived a short while later.  By the time we were awake and out of the house, eight fire trucks were on the scene with 28 firefighters. They did a fantastic job of containing it, such that we only have very minimal smoke damage. I’m glad to say our family is doing very well, all things considered.
Review your homeowners insurance policy and your current value.
The morning after the fire, we called a friend in the fire restoration business, who told us that we worked with a great insurance company. Now, we understand that the restoration process is going to be somewhat of an ordeal, given the inconvenience of construction. That said, it’s such a good feeling to know that we’ve kept up with our coverage and that we didn’t scrimp on the policy. That’s why I’m encouraging you to look at your homeowners insurance policy and your current value. Touch base with your insurance agent if you haven’t spoken with them in awhile, as they’ll likely have kept up with these things and can help you figure out whether your coverage is adequate. If you have any questions about homeowners insurance or anything else to do with real estate, don’t hesitate to reach out to me.