Florida home insurance

Florida insurance agencies don’t track your home’s replacement cost, so your policy often doesn’t cover what it would take to rebuild today.  This is something that should be done automatically every year to ensure you have the proper amount of home coverage to replace the house in case of a total loss, and that you don’t get stuck with a large co-insurance penalty in the event of a partial loss.   A coinsurance penalty  example, if your home costs five hundred thousand to rebuild but you’re only insured for three hundred fifty thousand, you could face a thirty percent penalty on a claim, leaving you to pay out of pocket. Many policies also insure unnecessary things while missing key endorsements, like coverage for demolition, debris removal, and pools. Welsh Insurance Agency makes sure your home is covered for one hundred percent of its replacement cost. We’ve seen Florida homeowners pay hundreds of thousands out of pocket and fight their insurance company with expensive lawyers after a claim.

Don’t let that happen to you!

Call Welsh Insurance Agency for a free policy review. Loveland office: 970-663-5404. Fort Collins office: 970-206-1810. www.wiainsurance.com.