Home Insurance Protection

Extra Living Expenses For Home Insurance Spartanburg SC

What happens if you can’t live in your home due to an insured loss?  Your home insurance protection policy will pay for you to reside elsewhere.  This is usually for up to 24 months while damage is estimated and your home is restored.

Protection for Your Personal Items on Your Home Insurance

Select Source Insurance has many companies to choose from.

Your home has many personal items. Items like appliances, electronics, furniture, clothing and others that are important to you. Personal Property coverage helps replace these items if they are destroyed, stolen or lost as a result of a loss covered by the policy.

Valuable Items Coverage
If you have valuable personal possessions such as collectibles, jewelry, art or antiques you may want to inquire about this additional coverage. A home insurance protection policy can provide broader coverage for specific items.

If Your Home is Rented to Others
Property owners who have rental property may have the option to buy optional liability coverage.  If they have risks posed by tenant-occupied structures.
 
Protect the Things that Matter to You
Make an inventory of your home and personal belongings. Yes this can be a tedious task. Take photos or video – go through each room and open drawers and cupboards.  Keep the media somewhere other than your home. Keep in mind that your policy doesn’t cover damages caused by poor maintenance.

Home Insurance

Every home is unique.  Talk to us today to find out how to get the best price and value on home insurance for you.

 Click here for a Home Insurance Quote!

How Much Home Insurance is Enough?

The cost to rebuild your home is its replacement value. This can be very different from the estimated market value or actual purchase price. In most cases, it costs more to rebuild the home you own than to buy a new one. Make sure your Home insurance protection policy

South Carolina – How much home insurance is right for you?

Based in Spartanburg SC, Select Source Insurance understands the home insurance needs of our customers. We’ll work with you to estimate the replacement cost for your home.  We can adjust your policy limits from time to time as needed.

It is critical that you provide us with accurate, updated information about your home and contents. Does your dwelling limit accurately reflects your home’s true replacement cost?  If so, some companies will pay more than the limit if a covered loss is greater than the limit on your policy.

Review  your home and possessions to make sure you are properly insured.  It’s a good idea to reexamine your coverages and limits from time to time.  Have you made additions or improvements. 

Home Insurance Liability

South Carolina – Be Sure You Have Enough Homeowners Insurance

Here are some steps you can take to reduce the danger of being seriously underinsured:

1. If you have questions or concerns about the limits in your home insurance protection policy, ask us to show you how those amounts were calculated. This will also give you an opportunity to make us aware of any overlooked information.
2. Read your policy. Certain property, such as jewelry, and certain perils, such as earthquake or flood, is better insured separately. Knowing what is covered and for how much will help you insure properly. If there is anything in your policy you don’t understand, contact Select Source Insurance at 864-585-8318 x222 and ask for an explanation.
3. Review. At each annual renewal of your policy, you receive a new Policy Declarations page showing limits of coverage and optional coverages. Review this information. Have you done any significant remodeling or add a family room, extra bedroom or bathroom, etc? This can impact your coverage limits and can be adjusted to cover the improvement.
4. Consider carefully whether your policy provides all the protection you need. Does it provide coverage for extra costs resulting from building code changes? Does it automatically increase coverage limits annually to keep pace with inflation? Does it provide additional funds if the cost of rebuilding your home exceeds the policy limits?