If you’ve lived in your home for some years, you and your family likely have become accustomed to your lifestyle. Nonetheless, even if you feel secure, your risks are always changing. Your wealth may increase, you may accumulate more possessions and these may grow in value.
A lack of security could make your possessions more susceptible to theft. Should theft occur, you want to replace damaged or lost possessions. Don’t let high cost risks interfere with your family’s established lifestyle. Invest in insurance and security features for your home.
Get Insurance to Protect Your Possessions
Think of all the possessions you will accumulate over your lifetime. Your house and cars, certainly, but also personal possessions--Art, jewelry, antiques. What if someone were to break into your home and steal many of these items. Could you afford to replace them?
Your home insurance can often be a valuable source of protection. Most policies allow coverage for personal possessions lost to theft. Should theft occur, you can make a claim on their policy. The insurer may then be able to compensate you with some or all of the costs of the lost items, up to the policy's limits. You can then use the claim funds to repair or replace your stolen possessions.
Reducing Your Theft Risks
It is important that homeowners keep aware of the theft risks around their homes. You may think you are perfectly safe. But, safety risks are always changing, and even a home that you think secure is not immune to theft.
Home insurance policies may go a long way toward covering all items lost to theft. However, even insurance has its limits. You may not be able to claim the full amount of lost costs due to limits or exclusions on your policy. Therefore, you must keep your possessions as secure as possible at all times.
- Consider installing a home security system around the property. In this day and age, smart home security is improving the ways Americans can monitor their safety.
- Ensure that your insurance policy makes provisions to cover your most precious items. You might need to add high-value limits or riders to your policy to best cover these items. This may help you extend your policy's limits.
- Keep your home secure at all times. Keep doors locked and entrances monitored. Never forget to keep high value items put away and secured when you’re not home.
Securing your home might even help you save on your insurance premiums. Many home insurers award discounts for those who use safety mechanisms.
Need homeowners insurance? Let Salzberg Insurance Agency help. Call us at 757-583-1828 or 877-757-6081 for a fast, free policy quote.
Also check out these tips:
A Guide for First-Time Homebuyers
10 Ways to Live Greener and Save Money
5 Ways to Save on Homeowners Insurance