How Home Insurance Protects You

When you buy a home, you also need to get a home insurance policy to protect it. You shouldn’t go even a day without this valuable insurance to protect your largest asset. If you don’t have a home insurance policy, or you want to switch to a different policy, call us today at Familia Insurance Agency in Kissimmee, FL. 

How Home Insurance Protects You

It Protects Your House

Having home insurance is great protection for your house. The policy you get will take into account the value of a house and what it would cost to repair it or to rebuild it completely. When a major incident causes major damage, your home policy will be there for you to pay for the repairs. If you go without this coverage, you risk not being able to pay for repairs after something happens to your home. It’s never a good idea to be in that position. Make sure you have a home insurance policy in place so that you’re well-protected. 

It Protects Your Belongings

Just as your home insurance protects your house, it also protects everything inside it. Your belongings are all protected as long as they are on your property and they get destroyed or damaged in a covered incident. Rather than having to try to come up with enough money to replace everything, your home insurance policy pays for you to replace them. With your home insurance, you don’t have to start over without any belongings after something serious happens. When considering how expensive it would be to do so, it’s easy to see why having home insurance is so important. 

Keep Your Home and Possessions Protected

If you’re about to buy a home, make sure you will have a home insurance policy in place right away. Give us a call at Familia Insurance Agency in Kissimmee, FL.

     

What Doesn’t Homeowners’ Insurance Cover?

When buying a homeowner’s insurance policy, you need to understand that each policy is different. You need to know exactly what is covered by the policy that you have. 

That being said, there are many things that aren’t typically covered with a homeowner’s insurance policy. 

Earthquakes. Though storm damage is covered with standard policies, most of them won’t cover earthquake damage. If you live in an area where earthquakes are common, you may want to add some earthquake insurance to your policy. 

Flood. Water damage is often covered by standard homeowners’ insurance policies. However, flooding isn’t typically covered. Because of this, even if you don’t live in an area where flooding is common, you may want to add some flood insurance to your policy. 

Excessive water damage. Just like floods, most standard homeowners’ insurance policies put a maximum on the amount of damage that they cover when it comes to water damage. They may also not want to cover any damage that may occur if your septic system backups. 

Problems due to neglect. Your homeowner’s insurance policy may not cover any damage that may occur if you do not take care of your home. This may include rust, mold, and other problems that may happen due to wear and tear.

The best way to ensure that you have a policy that will cover everything that you need is to talk to a professional. If you live in Kissimmee, FL, don’t hesitate to contact Familia Insurance Agency. They will look through your policy and see if you need to add anything to your policy to be completely protected. They may even be able to find a better policy at a cheaper price!   

Why should I get home insurance for my property?

The Kissimmee, FL area has continued to be a great place to own a property. Anyone that owns a home in this area will benefit from the property growth and good economy in the local area. Anyone that is going to purchase a home here should also get a home insurance policy. There are a number of reasons to get this coverage. 

Insurance Protects Dwelling

A primary reason to get home insurance is that it can protect your dwelling. If you are going to buy a property, you will find that it will be a very significant investment that needs to be protected. If you get proper home insurance in place, it will offer you the coverage that is needed to repair or replace your property if there is damage due to a fire or other form of loss.

Insurance Gives Liability Coverage

You will also want to get a home insurance policy to take advantage of liability coverage. Anyone that is going to own a home could take on liability risk regularly. If there is an accident that occurs and results in injury to another party, you could be held responsible for damages. Also, if your property malfunctions and causes damage to another person’s assets, you will be responsible for repairs. Fortunately, you can mitigate this risk if you get home insurance as it will include liability insurance components. 

As you are looking for a new home insurance policy when you are in the Kissimmee, FL area, it is important that you speak with the team at the Familia Insurance Agency. Those that do call the Familia Insurance Agency are going to learn a lot about their insurance options. The team can then help you build a policy that is ideal for your situation. 

How to flood proof your home

Flood insurance is sold separately from the homeowner’s insurance because of the immense damage that a flood can cause your house if water gets inside. This fact is especially true in our part of the country, prone as it is to hurricanes. However, as Familia Insurance Agency serving Kissimmee, FL suggests, there are ways to flood-proof your home to prevent or at least mitigate the damage if the waters start to rise toward your front door.

The first step you should take before buying a new home is to consult Floodsmart.gov to determine how flood-prone is your prospective new home’s area is. You should also ask the neighbors, especially those who have lived in the neighborhood for a long time, whether the area has ever flooded.

You should also check to see how high the house is relative to the street level. The more elevated the house, the less likely that a severe flood can get inside. If you want to spend some money, you can raise the level of the house a foot or two, which may make all the difference,

Once you buy a house, a number of ways exist to flood-proof it. You can use a sealant to try to make the walls near the ground waterproof. Fit your home with waterproof windows and doors.

You can minimize the damage to your home if flood waters do enter by raising electrical outlets, making sure that electronics and other valuable equipment are elevated, and having some waterproof bags to keep valuables in.

Above all, you should buy flood insurance, which can save you thousands of dollars if the worst happens.

For questions on flood insurance, contact Familia Insurance Agency serving Kissimmee, FL

Do I need a home inventory for my condo

Owning a condo in Kissimmee, FL is a great investment. Whether you plan to live in the condo full time, use it as a winter home or a rental property, having the correct insurance is imperative. In order to answer the question do I need a home inventory for my condo you need to understand what condo insurance covers and exactly what a home inventory is.  At Familia Insurance Agency we offer personalized service to our customers and we will make sure that you have the coverage you need. 

Condo insurance is slightly different than home insurance since the condo association also has a policy on your condo. If something bad happens to your condo, they will cover the actual structure. The contents are your responsibility and that is where your home inventory can make filing and collect on a claim easier and less stressful. 

A home inventory is a listing of your personal possessions. Imagine how much easier it is to record all those items when they are here in front of you rather than scattered to the four winds or a pile of ashes. You can walk around your condo and video all of your rooms and don’t forget to open closets and cupboards. In addition, place all the receipts or bills for items together with the inventory. The more details you include, the more likely you are to be happy with the payment your receive from your carrier. Store the inventory in a safe place, preferably away from your condo. You may want to consider the cloud or another form of online storage. 

If you are ready to take a look at the condo coverage you have, Familia Insurance Agency in Kissimmee, FL is here to help out. Give us a call and let us give you a no-obligation quote. 

How to prepare for a home insurance claim

While we buy home insurance to give us peace of mind, things can sometimes go awry. What’s next? What should you do and not do? Who do you tell first, what are your options or obligations? Do you know how to file a claim? Losses can be stressful, particularly when they involve your home, but worry not because Familia Insurance Agency is here to take you through the claiming process and support you until you have recovered. Here are a few ways you can prepare for a home insurance claim.

Understand your coverage

Make sure you know exactly what is covered and what’s not covered to avoid misunderstandings when filing your claim. Filing a claim for uncovered damage will only raise your premiums, therefore, make sure your claims are approvable.

Update your home inventory

One of the most common headaches about filing a claim is a lack of updated inventory. If you bought a new tv and did not keep the receipt as proof, your insurance provider may find it difficult to believe you. Take photos, videos, and carry receipts for every item you buy. You will need these photos when filing your claim.

Have a reliable contractor in Kissimmee, FL

Some accidents or perils may involve you working on some damages or repairs. If you have places in your home that put your home at risk, like a hole in the roof, a contractor can help you fix them before an accident. Similarly, when filing a claim, you can also use the services of your contractor to repair and fix what can be fixed instead of having your insurance company bring their own contractor.

Don’t wait until there is an emergency to learn how to file a home insurance claim successfully. Insurance experts at Familia Insurance Agency are here to answer any question that you may have. Call us or visit us at our Kissimmee, FL offices, and we will be happy to help.

All you need to know: Home Insurance in Florida

With so many home insurance companies and policies out there, it can be a daunting task to choose the one that is most suited to your needs. You must equip yourself with enough knowledge so you can at least understand the policies, the requirements of the state of Florida and your specific needs. One rather unfortunate but unique aspect of Florida is its vulnerability to floods and storms. This means it is even more important to insure your most valuable asset, your home and to protect you and your family from unexpected financial burdens in case you do not have the correct home insurance.

It makes sense to get home insurance to protect from natural disasters but keep in mind that there are a lot of other more common issues that need to fix too. For example, water leaks, plumbing, and roofs, air-conditioning systems just to name a few. Such issues are also very costly and you don’t want to be paying all out-of-pocket for these. If you have a mortgage, most lenders require home insurance by law.  

Agents at Familia Insurance Agency at the Kissimmee, FL region are experts in the home insurance industry of Florida. They are well-versed in local rules and regulations and are well trained to guide you with the best policy. They will provide competitive pricing for the coverage and also make sure your policy meets the state of Florida requirements. Furthermore, they explain all you need to know regarding best practices in filing a claim and getting the tax deductions you might qualify for.  You can visit their website for more information including their contact information.  Do not let this opportunity to secure your future just slip by. Get in touch with Familia Insurance Agency now.

3 Tips for Buying Home Insurance in Kissimmee, FL

If you are like most people, your home is likely the largest investment you will ever make. As such, you want to ensure it’s protected. The best way to protect your Kissimmee, FL home is by purchasing a quality home insurance policy with the help of Familia Insurance Agency. Read on to learn how to find the right policy and save money doing it.

1. Compare Quotes

One of the first things a person should do when it comes to finding the right homeowner’s insurance policy is to compare quotes. It’s a good idea to get a quote from several insurance providers. This will help ensure that the policy with the most value is found and purchased. Keep in mind, the most value doesn’t always equate to the lowest price.

2. Bundle Policies

If you currently have other insurance coverage through an agency, you should consider bundling your policies. Many insurance agencies offer a discount for customers that have multiple policies with them. It’s a good idea to ask about this prior to trying to buy a policy as not all insurance companies offer this discount.

3. Work with a Reputable Agent

One of the best things you can do when it comes to finding a quality homeowners insurance is to work with a reputable agent. This is the person who will search for the policy you need, on your behalf, and go over the polices in detail with you.

Are you ready to begin looking into homeowners insurance coverage in Kissimmee, FL? If so, be sure to reach out to the professional team at Familia Insurance Agency. Here, you can count on superior service and the policies you need to protect your family, life, and home.  

 

5 Common Mistakes Homeowners Make When Buying Home Insurance

If you’re new to home ownership, chances are you’re unfamiliar with how to buy home insurance. As a result, you may make quite a few mistakes when buying a policy. With the help of an experienced agent from Familia Insurance Agency, you can avoid common mistakes that can weaken your coverage or raise the cost of your policy. Working with a pro can help you avoid costly mistakes like the following:

Compromising Coverage for Price

Be leery of compromising coverage for the price. A “good deal” on your premium really isn’t all that good if the policy doesn’t provide the protection you need. Your goal should be quality home insurance at a cost you can afford.

Not Reviewing Policy

Many homeowners buy a policy with a “general knowledge” of what it says instead of reading its entirety. As a result, they often misunderstand or even miss important aspects of their coverage. Not knowing your full coverage could work against you when making a claim.

Over-insuring Property

Failure to review your policy could result in your paying extra for non-essential coverage for your Kissimmee, FL home or paying for higher coverage limits than you really need. By taking the time to review your policy, you can avoid mistakes with over-insuring your property.  

Under-insuring Property  

Ideally, your dwelling insurance should cover the cost of replacing your home in the event it’s destroyed in a disaster. Too little coverage could cost you thousands of dollars in repairs out of pocket.

Choosing Actual Cash Value over Replacement Cost Coverage

When insuring personal goods, you have a choice of actual cash value or replacement cost coverage. Actual cash value reimburses you for the current value of an item less depreciation. Replacement cost pays to replace the item you lost, saving you money in the long run.   

To avoid costly mistakes on your home insurance coverage, contact the professionals at Familia Insurance Agency in Kissimmee, FL.

What is a home inventory and why do I need it?

When settling into your Kissimmee, FL home, creating a home inventory might be the last thing on your mind, but it can help you if you need to file an insurance claim. In fact, bringing your home inventory with you to Familia Insurance Agency provides your agent with helpful information to make sure you obtain a policy that provides the coverage you need.

Creating an Inventory

Your home inventory contains three parts: video, photos, and a text description. Store it outside your home in a safety deposit box or in the cloud. The Insurance Information Institute offers an app, "Know Your Stuff," for creating and storing an inventory.

  1. Make a video of the contents of each room of your home. Include close-ups of electronics, bicycles, camera equipment, artwork, and other expensive items.
  2. Photograph each room, capturing close-ups of expensive items like electronics and appliances. Photograph the model number and serial number appearing on each of these items.
  3. Write a textual description of each item, noting its model number and serial number. Update this at least annually.

Using Your Inventory

Your inventory first comes in handy when you obtain homeowners insurance. Take it with you to meet with your agent. They can use it to calculate how much coverage you’ll need to replace your home’s contents in case of a hazard occurring, such as fire or theft.

Its second use occurs when you need to make a claim. Its easier to file a claim when you already have an accurate description of every item damaged or missing.

A home inventory takes some time to make, but it’s worth your time to document your belongings. You’re more likely to end up with appropriate insurance coverage for your Kissimmee, FL home. You’ll also find it easier to file a claim in the event of a loss. Create your inventory and visit Familia Insurance Agency to find the right homeowners police.