Your Home Is Important, Make Sure It’s Protected
Homeowners insurance in Elkhorn encompasses a vast array of coverage policies. It is imperative you are aware of the coverage you have and how your finances will be impacted should a claim arise. Home insurance coverage is complex, and you need an agent like Eric Luebbe who will create a package sufficient to protect your home and the valuables within.
With the escalating costs of labor and materials, do you have enough coverage to rebuild? It’s important to choose an agency who keeps up with the market and will advise you of any changes. Your agent should be accessible, knowledgeable, and helpful. It’s a good idea to have a conversation with your agent when you have any changes in your circumstances, such as adding a home addition.
Types of Home Insurance Policies
There are various types of home insurance policies available in Elkhorn, and the one that’s best for you will depend on your specific circumstances, location, and type of dwelling. Our team at Eric Luebbe Insurance can advise you on the options available and the policy type that will provide you the best coverage.
Actual Cash Value vs. Replacement Cost Value
If you have actual cash value (ACV) insurance, you will only receive the depreciated value of the property that was damaged. On the other hand, replacement cost value (RCV) would pay you the current market price to fully repair the damaged property back to the way it was prior to the loss occurring. Imagine if it was something more expensive, for example, your roof. The premium for RCV is usually higher, but when there is a major loss, it can be well worth it.
Be sure you have extended coverage for personal property such as expensive jewelry or electronics. There are limits on most policies, and you don’t want to come up short because of an oversight.
Be Aware Of What is Not Covered
Flood, earthquake, as well as a sewer backup each require additional endorsements. Items that have failed because of a lack of maintenance are not covered. There are many other exclusions, too, and we can guide you to make sure you have the proper coverage.
Our knowledgeable agents will create a homeowner insurance plan for your Elkhorn home and your specific circumstances. You want to be certain you have adequate coverage for your home, valuables, and liability in case someone is hurt on your property. It is wise to have medical as well as the cost of displacement should your home become uninhabitable.
Home insurance coverage is as individual as you are. There are ways to save by insuring your vehicles and property together in one policy. Your home is one of your most valuable assets, so you want the right homeowner insurance coverage in Elkhorn should a claim arise. As an independent agent, Eric Luebbe can provide the best coverage to fit your needs. Our agents continually educate ourselves on the best policies and newest trends as circumstances change over time, so we can continue to provide the best home insurance policies for our Elkhorn clients.
Request a quote today and let Eric Luebbe Insurance put together the right house insurance package for your Elkhorn home!
