Gibson And Associates Public Insurance Adjusters’ Post

A common misunderstanding about insurance is that it covers wear and tear. This can be an expensive misconception when it comes to your roof. If your roof needs to be repaired or replaced due to normal aging, you typically won’t have coverage under your homeowners insurance policy. Learn more in our blog post:  https://lnkd.in/gErwzNZ2

What does home insurance cover? 🤔 Not all property insurance policies are the same as they are not standardized in Ontario, so pre-packaged or customized plans will vary in coverage and cost. You can be protected against all perils, or specific items that you list, so you can get the coverage you need in case of damage or loss caused by fire, lightning, storms, theft, or other risks. Here's an idea of what you might include in your homeowners insurance: 👉Your home 👉Personal property that you and your family own including furniture, electronics, clothes and more. 👉Detached structures such as sheds and garages. 👉Living expenses in the event you need to find a new place to live temporarily while your home is restored or repaired. 👉Liability for damages caused to neighbours' properties and injuries they sustain #homeinsurance #insurancecoverage

🏡 Why You Need a Home Insurance Policy Your home is one of your biggest investments, so protecting it with the right insurance policy is essential. A home insurance policy provides coverage for various types of damage and unforeseen events. Here’s why it’s important: ➡️ Protection Against Natural Disasters: Covers damage caused by fire, floods, earthquakes, and storms. This ensures your property is protected from costly repairs. ➡️ Coverage for Theft and Burglary: In case of a break-in, home insurance can cover the loss or damage to your valuables and personal belongings. ➡️ Liability Protection: If someone gets injured on your property, the policy helps cover medical and legal expenses, protecting you from financial burden. ➡️ Peace of Mind: Knowing that your home and belongings are covered allows you to enjoy your space without worrying about potential disasters. Have you insured your home yet? If not, it’s time to get protected! [Home Insurance, Property Protection, Theft Coverage, Natural Disasters, Home Liability] #HomeInsurance #PropertyProtection #HouseSafety #DisasterCoverage #HomeSecurity #FinancialProtection

🔑 Homeowners insurance is an important part of protecting your home and possessions. There are several factors that can affect the cost of your homeowners’ insurance, including: 👷♂️ Location – Premiums will be higher in areas where there is a higher risk of natural disasters, such as hurricanes or flooding. 🏠 Age of Home – Older homes may require more coverage due to their age and the potential for damage. 🔧 Building Materials – Homes built with sturdier materials like brick or concrete will generally have lower premiums than those with less durable materials like wood. 😎 Security Features – Installing additional security features such as deadbolts, smoke detectors, and burglar alarms can help lower the cost of your insurance. 🏭 Distance to Fire Station – The closer you are to a fire station, the lower your premiums will be. 📝 Remember, it pays to shop around and compare policies from different companies so that you can find the right coverage for your budget and needs.🏠️

Protection for your home and assets is extremely important! Learn what you should consider as you decide on the right amount of insurance for you.

NY Times: No more home owner insurance in US? * Climate change is causing more frequent and severe weather events across the United States, which is wreaking havoc on the homeowners insurance market. * In the past, homeowners insurance companies considered certain weather events, like hail storms and wind storms, to be minor and not financially risky. However, these events are becoming so common that they are now causing significant financial losses for insurance companies. * As a result, insurance companies are raising premiums, dropping customers, and refusing to write new policies in some states. This is making it difficult for many homeowners to obtain affordable insurance. * There are two possible solutions to this problem. One is for the government to provide subsidies to insurance companies so that they can continue to offer affordable homeowners insurance. The other solution is for the government to create a national flood insurance program, similar to the one that already exists for flood insurance. * However, both of these solutions have drawbacks. Subsidies would be very expensive, and a national homeowners insurance program could incentivize people to build in high-risk areas. https://lnkd.in/dT34XAqZ

When a tree falls on your property, who is responsible? 🌳🏠 Check out this informative article from the Kansas City Star that delves into the intricacies of property laws, insurance policies, and what you need to know if you find yourself dealing with storm damage. Protect yourself and your home by understanding your rights and responsibilities. Read the full article to stay informed and prepared! [Link to article] #HomeSafety #PropertyLaws #StormDamage #TreeFalls #HomeownersInsurance #KansasCityStar

🏠🔍 Are you sure about what your homeowners insurance really covers? Understanding the fine print is essential in protecting your home and belongings when disaster strikes. 💡 Discover what’s included, what’s not, and how to dodge surprises when it’s time to file a claim! #HomeInsurance #StayProtected #HomeSweetHome

Navigating Home Insurance: Understanding Bad Faith Claims 📰 As the frequency of hurricanes increases, it’s essential to know your rights as a policyholder. This insightful article from Newsweek discusses the risks of bad faith insurance practices and how they can impact homeowners during times of crisis. Stay informed and protect your rights: https://lnkd.in/e48VGjAi At BSA Claims Solutions, we work with insurance carriers to ensure fair claims management when it matters most. #HomeInsurance #InsuranceAwareness #HurricanePreparedness

🏠 Protect Your Home! 🛡️ Did you know that building and contents insurance can provide invaluable peace of mind for homeowners? Whether you're a first-time buyer or a seasoned homeowner, safeguarding your investment is essential. Here are some key benefits of building and contents insurance: 1️⃣ Protection Against Unforeseen Events: Building insurance covers the structure of your home against damage from events such as fire, flood, storm, or vandalism. Contents insurance, on the other hand, protects your personal belongings, including furniture, appliances, and valuables, against theft, loss, or damage. 2️⃣ Financial Security: In the unfortunate event of a disaster or theft, building and contents insurance can provide financial assistance to repair or replace your home and belongings. This can alleviate the burden of unexpected expenses and help you get back on your feet sooner. 3️⃣ Peace of Mind: Knowing that your home and possessions are protected can give you peace of mind, allowing you to enjoy your home without constantly worrying about potential risks. 4️⃣ Liability Coverage: Building and contents insurance often include liability coverage, which protects you against legal claims if someone is injured on your property or if you accidentally damage someone else's property. 5️⃣ Customized Coverage Options: With various coverage options available, you can tailor your insurance policy to suit your specific needs and preferences. Our experts can help you understand your options and choose the right coverage for your home. Ready to safeguard your home and belongings? Contact me to arrange building and contents insurance that fits your needs and budget. Don't wait until it's too late—protect what matters most to you! 🏡🔒#ThursdayThoughts #ThankfulThursday #HomeInsurance #ProtectYourHome 🛠️📦 YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.