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Home Replacement | Insurance Gaps | Farmers Insurance

Homeowners insurance is a powerful tool. It helps cover your personal property (anywhere in the world in most cases), your liability, and can even cover costs to rebuild your house in the unfortunate situation you suffer a natural disaster or other total loss. If you’ve made some renovations though, or haven’t checked your coverage in a while, your insurance might not be as powerful as you think.

So what?

Let’s say you first purchased your Homeowners insurance a few years ago. You did your research, calculated your coverage needs, and spoke to a Farmers agent before choosing the limits you wanted. Since then, your contractor renovated your bathroom, you bought new carpet, and even built a bar in the basement! The problem is, your Homeowners limits are still based on your pre-renovation calculations. If anything were to happen now, your limits might not be sufficient to cover the increased value of your home!

That’s a major gap!

Question: If you’ve renovated, how do you make sure your Homeowners insurance limits are enough to rebuild your home after a total loss?

Answer: Update your coverage

In general, it’s a good idea to review your Homeowners insurance coverage every few years, or after any major renovations or additions. Labor and the cost of materials can change over the years, and you don’t want to leave any gaps in your coverage…especially when it comes to your home.

To get a better sense of what coverage limits you’d want, think about:

  • Upgrades. It may cost more to rebuild upgraded features and additions.
  • Age of your home. It may cost more to rebuild an older home to modern building code standards.
  • Local rebuilding costs – Labor and materials costs in your area may have changed over time. Talk to a trusted contractor or your Farmers agent about local building prices.

To make any changes to your coverage, talk to Angela Johnson. She can give you some great insight and even run a Replacement Cost Estimator. That’ll give you a better idea of what it might cost to rebuild your house in today’s market.

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Home Insurance May Cover a Car Break In | Farmers Insurance

Window-Shopping Car Thieves are Powerless to Stop Home Insurance!

People leave stuff in their cars every day. We drop our cell phones in the cup holder, leave a bag on the floor, and throw our golf clubs in the back seat. We’re human, so we forget about this stuff, park, and go inside. It happens. The thing is, sometimes when we come back to our cars, the things we left aren’t where we left them.

So what if you didn’t know that your Homeowners’ insurance could cover things stolen from your car too?

Some Homeowners’ insurance policies treat your car as an extension of your house. That means your personal property coverage would protect almost anything (purses, luggage, camera equipment, electronics…all kinds of things) stolen from your car. This coverage may even be better than what’s offered by comprehensive car insurance! For instance, did you know comprehensive coverage usually doesn’t cover jewelry, clothing, and accessories kept in your car?

So if you’re prone to leaving your jacket, watch, or cell phone in the car…it may be something to look into.

Call Angela Johnson to learn the extent of your Homeowners insurance coverage, and make sure your limits protect your stuff inside and outside your home.

What Is Uninsured Motorist Coverage? | Farmers Insurance

Watch Your Rear End! Uninsured Motorist Coverage Protects You If They’re Not Protected

In almost every state in the union, drivers have to buy liability insurance to stay legal. But did you know that 1 in 7 drivers out there are hitting the streets completely uninsured?

According to the Insurance Information Institute, about 86% of drivers are good boys and girls who have at least basic liability coverage. The other 14%? Not so much.

So what does all this mean for you decent, legal drivers?

Well, it means that if you got into an accident with an uninsured driver, you’d be up a creek without an insurance company. There’d be no one to send a claim to, or recoup money for repairs, medical bills, and property damage from…except, of course, the driver. And we don’t have to tell you, that usually means frustrating phone calls, four letter words, and maybe legal action.

That’s why it’s important to protect yourself from those headaches and purchase Uninsured Motorist Liability Coverage. That includes:

  • Uninsured Motorist Bodily Injury Coverage – covers your medical expenses, lost wages, emotional distress, pain and suffering…that sort of thing. But it doesn’t cover car damages resulting from the collision.
  • Uninsured Motorist Property Damage Coverage – covers damages to your vehicle but it wouldn’t cover bodily injuries.

In 22 states, plus Washington D.C, laws actually require drivers to have Uninsured Auto insurance. Others, like California, offer the coverage as an extra option for mandatory liability insurance.

Wherever you live though, uninsured drivers are a serious danger…and when is it not a good idea to protect yourself from danger? Just look around the next time you’re on the road (use your mirrors…we don’t want you taking your eyes off the road). Statistically, 1 out of every 7 drivers you pass has no insurance!

That’s why we encourage you to get smarter about your insurance, and consider adding Uninsured Auto insurance to your policy. It’s usually a pretty affordable option, and could save you money, time, and stress if you’re ever hit by an uninsured, negligent driver. Give Angela Johnson a call today!

We were challenged by Andy Reser to take the #FarmersJingle challenge. Now we call out fellow Social Hero Keith Wainauski, mi hermano James Peregrino and award-winning Michael Jackson impersonator Steve Huerta, along with our team members who couldn’t make it out – Jessica Demler and Amanda Aden.
You have 24 hours to sing the #FarmersJingle loudly in a public place!

Enjoy!