Can Upgrading Your Home Reduce Insurance Costs?

Home improvements that enhance the security and protection of your property could make you eligible for a discount on your home insurance coverage. Before upgrading your home, talk to an LG Insurance Group agent to see what type of improvements qualify for reduced insurance costs. If you’re looking for ways to lower your home insurance premium, consider the following upgrades to your home and surrounding property.

New Roof

If you own an older home in Marietta GA, your roof may have tiles that are cracked, worn or missing altogether. A severe rainstorm could cause further roof damage, resulting in water leaking into your home. By replacing your roof, you can protect the interior and structure of your home, making it less susceptible to water damage. A new roof could qualify you for a reduction in your insurance.

New Heating and Electrical Systems

Old wiring and heating systems increase your risk of having an accidental fire in your home. A fire can completely destroy a home and everything in it within a short amount of time. Installing new heating and electrical systems will reduce the risk of fire, making your home a safer environment in which to live. At the same time, these improvements could make you eligible for a lower rate on your home insurance. 

Security System

In many neighborhoods around the country, home theft and invasion are on the rise. A home security system with window and door sensors, security camera and alarm will help to protect your home and secure your personal property. Many insurers offer discounts to homeowners who improve the security of their property.

By making your home a safer, more secure place to live, you could pay less for your home insurance coverage. For a quality home insurance policy at reasonable costs, contact us at LG Insurance Group, Marietta, GA.

Tips for Avoiding Water Loss in your Home

Did you know that water damage is the second most frequently filed loss experienced by homeowners and renters each year? (according to the Insurance Information Institute)  The infographic below, provided by Safeco, can help you understand the risks, offer prevention tips and share the resources you may need if a water loss occurs. 

Is Liability Coverage Included In Marietta, GA Home Insurance?

Liability coverage is an important component of home insurance. When you look at policies for your home in Marietta, GA, your goal is to be covered in as many scenarios as possible. At LG Insurance Group, we work with you to get the desired level of coverage – and at an affordable price.

What is liability coverage?

Liability coverage protects against people getting injured inside your home or on your property. If someone hurts themselves walking towards your front door, they could sue – but your liability coverage would take care of the legal fees as well as the settlement. It also protects you in the event one of your family members damages someone else’s property. This includes a baseball through the window or even a toddler spilling juice on an Oriental rug.

How much coverage do you have?

The coverage you have in Marietta, GA depends on the value of your home, the insurance company you choose to work with, and what you decide is necessary. For example, if you do a lot of entertaining where many people will be inside your home, it’s a good idea to increase the level of coverage on your policy.

You will automatically have some liability coverage included in your home insurance policy, regardless of who you are insured with. Your goal is to look at the fine print to see the scenarios where you aren’t protected and then add onto your coverage so you are protected against them. This way, if something does happen, you can file a claim and enjoy peace of mind knowing that the insurance company will cover the majority of the costs.

Contact one of our independent insurance agents at LG Insurance Group today to learn more about how to get sufficient liability coverage in your home insurance policy.

 

Spring Cleaning Tips

Now that the winter weather is starting to go away, spring is starting to come out to play. One of the most common things for homeowners to do during this time in Marietta, GA is doing some spring cleaning. Although it doesn’t get too terribly cold here, the spring gives a breath of fresh air that is hard to ignore. If you are wanting to do some spring cleaning this year but are not entirely sure where to start or what to do, be sure to use these tips from LG Insurance Group.

  • Start with dusting everything off. You may be surprised by how much dust can gather after just a few months. make sure you dust everything. Once you are done, you will be able to breathe easier and you can even start opening windows to let the spring air in. 
  • Choose one or two projects. All too often, people think of spring cleaning as a way to get everything on their list done. Usually, this is too much to do for one person, or even one season, so choose one or two projects to focus on. If you find that you have completed both of the projects you set out to do, then go ahead and try to tackle another. Just make sure you do not overwhelm yourself and do not be afraid to ask your friends and family for help on your list. 

Once you have tackled what you want inside your home, you need to make sure that everything is well protected. The best way you can do this is with a great home insurance policy. If you do not already have one, be sure to reach out to LG Insurance Group, serving Marietta, GA, to get a free quote that meets your needs and budget.

Adjusting Your Home Insurance

There are plenty of instances in which you might need to alter your home insurance coverage and knowing what they are and what the process entails can make a huge difference in how quickly you can get your coverage changed. For those that live in the Marietta, GA area, the agents with LG Insurance Group can help you through the adjustment process.

There are a wide range of instances in which your home might need to have more or less coverage. The first step of the process is to contact your agent. After contacting your agent you will explain why your home needs either more or less coverage. You will then set up a time for an adjuster to come and work on altering your insurance coverage.

After the adjuster comes you can decide what new coverage you need and get the process rolling. So what might make your needs change? Major renovation is the biggest issue when it comes to needing to change your coverage. Those major renovations will make your home worth more and therefore make it more expensive to build back should something happen to your home. Home depreciation might make for a change in coverage as well.

Still another thing that might necessitate more coverage would be getting something expensive like a large television or jewelry that would need to be covered on your policy. The adjuster is there to document the home and appraise it to determine how much coverage is necessary to rebuild if the home is destroyed. These are all great reasons that your home insurance coverage might need to change.

For those in the Marietta, GA area, the agents with LG Insurance Group can help you determine what changes need to be made to your current policy in order to be fully insured.  

Why You Need an Emergency Kit for Your Home

You never know when something will happen that will leave you stranded in your home with no help available. In Marietta, GA, you need to be prepared for this kind of occurrence by taking steps within your own. LG Insurance Group recommends having a fully stocked emergency kit in your home so you always have enough supplies to last a few days. When making your emergency kit, be sure to include these items:

  • Food. You want to make sure you not only have non-perishable food but also food that you can eat without cooking. You should have enough for three days of food for each person in the home. 
  • Water. Another necessity to have is water. As a rule of thumb, you should have enough water for each person to drink a gallon per day in your home. 
  • Candles, flashlights, and extra batteries. If you lose power, you need to find a way to see around your home in the dark. Make sure you have candles and a way to light them as well as flashlights and extra batteries.
  • Portable cell phone charger. Another thing to worry about is your cell phone. If you lose power, you need to find a way to charge it so you can reach other people once the emergency has passed or if you need immediate help.
  • First aid kit. You can get a stocked one at your local store and you want to make sure you have one of these handy in case of an emergency that involves and injury.

Another great way to protect yourself is to have a great home insurance policy. For more information about home insurance policies, to see if your current policy has any gaps, or to get a free quote for one, be sure to contact LG Insurance Group, serving Marietta, GA. 

Identity Fraud Coverage

Many of us have been victims of identity fraud, or known someone who has.  It is a grueling and time consuming process to try to restore your identity and clean up the mess left behind by the criminal(s).  Identity Recovery or Identity Fraud Expense Coverage is offered by many homeowner’s insurance companies to guide you through the process and reimburse you for many of the expenses you incur along the way.  The infographic below gives additional details regarding Safeco’s optional coverage:

How Equipment Breakdown Coverage Can Help You

If you are a homeowner and either currently have a home warranty plan or would like to have one if it were less expensive, then you need to read this!  More and more insurance companies are offering an optional endorsement that provides much of the same coverage as popular home warranty policies.  These plans are often provided to a home buyer by the seller when purchasing an existing home.  Some homeowner’s continue to renew these plans while some choose to allow them to expire due to the annual cost.  Many insurers now offer this protection at a lower cost, when endorsed onto a homeowner’s insurance policy.  The following infographic gives an overview of what is covered by Safeco’s Equipment Breakdown endorsement, including examples of what is and what is not covered.

Contact LG Insurance Group if you would like to learn about this valuable coverage!

Ways to Know if it is a Great Home Insurance Policy

If you own a home in Marietta, GA, then you likely have a home insurance policy or you are looking for one. Many people like to have a home insurance policy to protect their biggest investment. Even though you many know what to look for in a home insurance policy, do you know what makes one great? Here at LG Insurance Group, we do not just want you to have an insurance policy. We want you to have a great one. Here are some things that will make a home insurance policy stand out from others.

  • Great Coverage Limits. With any kind of insurance policy, you want to make sure that the coverage limit is high enough to take care of any of your potential issues. You want to make sure it covers everything that makes up your home today but you also want to make sure the limits are high enough to make room for coverage for any upgrades you may complete. 
  • Amazing Customer Service. Customer service really goes a long way. When you are treated like a customer instead of just another number, you will find that you will be much happier. If you ever actually need to deal with a claim through the insurance company, you need to make sure the process is as easy as possible. You should not only test the customer service by speaking with the company but you should also take a look at the company reviews. Do not be alarmed by a couple of bad reviews but if most of the reviews are negative, you should take that as a red flag. 

LG Insurance Group, serving Marietta, GA, is in the business of making sure customers are happy and well taken care of. Contact us today go get a quote for a home insurance policy and find a company that provides both of these components. 

Understanding How Home Insurance Works

Whether you own your home or have a mortgage against it, it is imperative that you protect it with proper insurance coverage. Please keep in mind that home insurance policies greatly vary in regards to the types of coverage they provide, but you can have them customized to meet your exact needs. This is why it is so pertinent to discuss your options with your insurance agent. Here is a look at how home insurance works and why you need it. 

Purchasing a home insurance policy helps ensure both the structure of your home and your personal belongings are protected. Please note that not all belongings are insured individually, rather the value of your belongings is insured. By speaking with a qualified agent, you can talk about the exact amount of coverage you need to ensure your personal belongings are protected. 

There are three main ways to insure your home:

  • According to its replacement cost
  • According to its extended replacement cost
  • According to its actual cash value

The type of way you need to insure your home will be determined by your exact needs and preferences. A replacement cost policy generally has a limitation in relation to the maximum dollar amount it will pay out. An extended replacement cost is different because it will usually go over the limit by up to 20 percent to ensure any increase or inflation in construction expenses are covered in the event a claim is filed. An actual cash amount policy will provide coverage in the amount of what it actually costs to cover the damages minus the age and use of the part of the home being replaced or repaired.

To learn more about home insurance policies, contact the LG Insurance Group serving the Marietta, GA area.