All Posts
0

Is Your Home Really Covered?

Want to hear the truth about Real Estate prices? A majority of homes are undervalued by at least 25%. You heard me…25%. So why do I bring this up? Because, if a home is undervalued; more than likely, it’s under-insured. There have been countless instances of insured home-owners who suffered major losses only to discover the limit they chose for their homeowners insurance was grossly inadequate to fully compensate them. If you bought and have been paying for insurance, the last thing you need is an insurance company telling you that your coverage will only take care of part of the expense.

So why are so many homes undervalued and thus, underinsured? Experts say, inaccurate valuation methods, complacency with House Falling 1current home value and failure to report value-changing improvements and betterments are the cause.

The penalty for underinsurance is costly. The moral of the story is you should never carry a limit of insurance lower than 100 percent of your home’s current replacement value. Here’s why: Consider your house catches fire and the fire damage is so severe that your entire home must be torn down and rebuilt. If your policy limit is anything lower than $100,000 you will have to pay the difference yourself.

To make matters more difficult is the constant flux of property values. According to the National Association of Home Builders, the cost of common construction materials, have gone up over the past two years.

Be aware, that this can happen to anyone if you’re not working with an insurance professional that really understands the market and can provide strong coverage at a price that doesn’t make you want to throw him or her out the window.

For More Great Tips Click Below For Our Free Ebook!

 

guest-1

Fill out this simple form to receive our newsletter and stay connected to our ongoing educational programming

 

Dino

Leading the industry through his innovative approach, Dino Katsiametis has over 17 years of extensive experience within mortgage, banking and real estate industries. His passion for the collective financial and investment services sector combined with his distinct insight, has catapulted Money Matters with Dino onto the forefront of financial news.

There are 0 comments

Want to express your opinion, leave a reply below!

Leave a Reply

Your email address will not be published. Required fields are marked *

SSCP   CAS-002   9L0-066   350-050   642-999   220-801   74-678   642-732   400-051   ICGB   c2010-652   70-413   101-400   220-902   350-080   210-260   70-246   1Z0-144   3002   AWS-SYSOPS   70-347   PEGACPBA71V1   220-901   70-534   LX0-104   070-461   HP0-S42   1Z0-061   000-105   70-486   70-177   N10-006   500-260   640-692   70-980   CISM   VCP550   70-532   200-101   000-080   PR000041   2V0-621   70-411   352-001   70-480   70-461   ICBB   000-089   70-410   350-029   1Z0-060   2V0-620   210-065   70-463   70-483   CRISC   MB6-703   1z0-808   220-802   ITILFND   1Z0-804   LX0-103   MB2-704   210-060   101   200-310   640-911   200-120   EX300   300-209   1Z0-803   350-001   400-201   9L0-012   70-488   JN0-102   640-916   70-270   100-101   MB5-705   JK0-022   350-060   300-320   350-018   400-101   350-030   000-106   ADM-201   300-135   300-208   300-115   300-101   1Y0-201   200-125   200-125   100-105   100-105   200-120   210-260   200-310   SY0-401   810-403   300-320   400-101   70-533   N10-006   MB2-707   210-060   400-201   350-018   ADM-201   CISSP   1Z0-060   400-051   300-075   MB2-704   100-101   352-001   70-486   300-135   NS0-157   210-260   70-246   1Z0-144   3002   AWS-SYSOPS   70-347   PEGACPBA71V1   220-901   70-534   LX0-104   070-461   810-403   200-120   400-101   CISSP   300-320   350-018   300-101   210-260   300-208   MB2-707   400-201   SY0-401   210-060   300-070   210-260   300-075   300-101   NSE4   EX200   200-120   CISSP   400-101   810-403   300-320   210-060   300-070   210-260   300-075   300-101   NSE4   EX200   300-115   100-101   220-801   N10-006   642-999   SSCP   100-101   1Z0-803   9L0-012   70-480   200-310   As a professional IT exam study material provider, Gives you more than just exam questions and answers. We provide our customers with the most accurate study material about the exam and the guarantee of pass. We assist you to prepare for almost all the main certifications which are regarded valuable the IT sector.Certifications provide a structure and a reason to learn a new technology and they can help IT professionals boost their resume and keep their skills sharp. Certifications from leading vendors are the first step toward gaining industry-recognized expertise in a relevant domain, and will surely be a valuable asset for any candidate. 1Z0-808   AWS-SYSOPS   1Z0-434   300-070   CAS-002   200-310   640-911   300-075   MB2-704   100-101   210-065   300-075   210-060   400-101   CAS-002   1Z0-425   1Z0-480   1Z0-028   1Z0-465   1Z0-804   LX0-103   MB2-704   640-911   200-120   EX300   300-209   70-246   1Z0-144   3002   AWS-SYSOPS   70-347   PEGACPBA71V1   220-901   70-534   LX0-104   070-461   PCNSE7   1Z0-546   VCS-273   JK0-U21   70-532   210-260   400-251   70-411   N10-006   500-260   640-692   70-980   CISM   200-101   640-911   200-120   EX300   300-209   1Z0-803