How to properly insure your biggest investment? The house is the biggest investment of our lives. The average value of a house in Florida is $267,296, according to Zillow. Just last year, that value increased by 7.9%.
However, two out of every three properties in the US are underinsured. This means that millions of Americans are at risk of losing their homes if they were to suffer a major disaster. They would be unable to rebuild them because the insured amount is lower than the actual value of the covered property.
If you are a homeowner, you can avoid this situation by seeking the advice of a Univista Insurance agent. Clearly communicate to them that you want to have full coverage for your home and belongings. The goal is to acquire an updated replacement policy. Be honest with the agent, explain the improvements you have made, the belongings you have, and follow their instructions. Keep all documentation that confirms the coverage is sufficient to replace your home and belongings.
It is important to understand that the sale price or appraisal value of your property is not always equivalent to the actual cost of reconstruction.
Call Univista Insurance and protect your biggest investment. How to properly insure your biggest investment?
Call us today for a full qualification! (305) 267-7138.
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