Make Sure That Your Home Is Covered for Disasters

Posted on: April 13, 2017 By: Risk Management Blogging Team
Make Sure That Your Home Is Covered for Disasters

Disasters can strike at any time and that is why it is important that your home is covered for any and all possible disasters. 

For many people across the nation, their home is not only their greatest asset, it is also their greatest investment. The importance of a home is undeniable, so it is crucial that you do everything in your power to protect your home, your investment, and your asset from disaster. Homeowners need to update their insurance policy to include any new improvements, major purchases, and the increased rebuilding costs that usually come with home improvement projects. Here are a few tips you need to know to make sure that your home is covered for disasters.

  1. Do you have enough insurance to rebuild your home?
    Some people only insure their home to satisfy the market value of their home. This is a mistake. You need to insure your home for the total amount it will cost to completely rebuild your home, should a disaster completely destroy it.
  2. Do you have enough insurance to replace your possessions?
    Most homeowners insurance policies provide coverage for approximately 50 to 70 percent for your possessions, like electronic devices, clothing, furniture, et cetera. Make sure that this percentage covers all your possessions in order to get them back, should they be destroyed.
  3. Do you have enough insurance for additional living expenses?
    Your home may not be Rome but it still won’t be constructed in a day. It may take several weeks and you’ll need a place to live during that time. A homeowners insurance policy can cover the costs of living outside of your home to ensure that you have a roof over your head while your main roof is being installed.

For help acquiring the right homeowners insurance, contact the independent insurance professionals at Risk Management LLC in Brookfield, Wisconsin.

Categories: Archive, Home Insurance
Tags: , , ,

  • Risk Management assisted me in determining the best insurance coverage to match my business’ risks. Not only did their professional staff spend ample time meeting with me to understand my business, but they continue to follow up with a phone call on a regular basis. I’d consider each of the members on the Risk Management team a true asset in my corner, as they assist to resolve complex insurance issues including GL, Med-pay, business interruption, unemployment insurance, and most importantly, claims management. Their ongoing research in the insurance industry allows my rates and coverage’s to be best in in class, which helps me to remain competitive in my industry.

    -Steve, S. former owner of Helium Trampoline Park

  • “When we want develop partnerships with vendors, the deciding factor is always based on a single question…Do they pick up their phone? At Risk Management, they pick up their phone. In the indoor trampoline park industry, we have dealt with several insurance agencies that were always more concerned about their commission, not building a business relationship or serving our needs. On more than one occasion, Risk Management has stepped in and helped us with carrier/policies issues that the incumbent agencies had dropped the ball on. There was no financial reward for Risk Management in these situations, they see a problem and help fix it. They just do business the right way. Steve Young and his team at Risk Management represent us, not the carrier. We highly recommend Risk Management.”

    -Mark M. Operations Manager,CEO Fun Palace Place

Address: 21420 W. Greenfield Ave Ste 100
New Berlin, WI 53146
(262) 785-8930
Toll Free: (888) 857-5144
Fax: 1 (800) 424-3955
Risk Management LLC BBB Business Review

ask us anything We would be deligated to answer any questions you may have.
  • This field is for validation purposes and should be left unchanged.