The rough times!

Well with today's horrible economy getting worse by the minute I am here to try to help people to save money.

Two big mistakes: One people think that home insurance amounts are supposed to equal how much they owe to the bank. Two many people do not review their home insurance once it has been set up; even for years.

You must insure your home to its replacement value; meaning how much will it cost to rebuild your home should you lose it completely in a fire? With todays prices of wood and plumbing materials alone the prices are increasing quickly. You should review your home insurance coverage to be sure you have the correct protection. Alot of consumers believe it is taken care of and find out after it is too late that only 80% of the home replacement costs are covered on the insurance policy. So if it takes $225,000 to rebuild your home and you are only covered with 80% then you are liable for the other $45,000 or more.

Also many people are paying too much for their home insurance because they purchased it through the lender and assumed it was the best deal. This is not true! I recommend getting several quotes from several different insurance sources and ask to see the quotes to be sure you are getting an honest price. You need to compare prices with the exact same coverage you currently have to the new prices.

If you have your home insurance set up through your house payments (escrow) then all you do is have your new insurance agent transfer the coverage with no out of pocket expense to you. Once your escrow is adjusted with the lower home insurance payment your monthly house payment can be adjusted.

Contact me for more information or if you are interested in honest quoting to protect you and your family.