Home Insurance

How to File a Home Insurance Claim

Posted on by TheSph3r3

Filing a home insurance claim isn’t difficult, but there are a few things that you do need to be very careful about when doing so. An insurance claim usually begins with an inspection of the damage and careful documentation. You will want to do this as soon as possible and you will want to document everything in pictures as well as text. Once you have captured as much information as you can you can call your insurance company for further information. Your insurance company will be able to direct you to the appropriate forms you need to submit.

Many companies today have mobile phone applications that allow users of the app to automatically file a homeowners insurance claim, complete with photos and explanations, right through their phone. This can be a great way to submit a claim quickly. Once the claim has been received in whatever format you chose, the insurance company will review the claim and will contact you with any further information they need. Once the claim has processed, the claim will be finalized and funds will be disbursed.

For more information about home insurance and how to file home insurance claims contact the insurance experts at All Nevada Insurance.

A Few Ways Renters Insurance Can Save You

Posted on by TheSph3r3

Contrary to what many people believe, rental insurance isn’t very expensive. The amount you pay for coverage depends on the value of your possessions, the amount of coverage you want, what your deductible is, and the type of insurance you get.

If you choose not to purchase renters insurance, you may be making a mistake that may cause you huge problems. In very hot climates where intense dry winds are the norm, the entire area is susceptible to massive wild fires. Without adequate rental insurance, you would lose everything.

Renters have the option of choosing between cash value coverage or replacement cost coverage. The main difference is that cash value considers what you paid for your property. They then deduct a pre-determined amount for depreciation. Be careful about rushing to sign up for this type of policy. Ultimately, you may not be able to afford to replace things with this type of coverage.

When you choose to purchase replacement coverage, your insurance company will pay you whatever it costs to replace the possessions you lost, provided the loss is covered.

Named perils coverage will only pay you for situations that are specified in your policy. All perils coverage provides much more comprehensive protection and pretty much includes everything, except things that are excluded under the policy terms.

If you want to save money on rental insurance, choose the highest deductible you feel comfortable paying. Ask about multiple policy discounts. If you need auto insurance, you may reduce your rental insurance costs by opting to bundle your policies with the same company.

Contact All Nevada Insurance to discuss your insurance needs and learn about things you can do to save money on all of your policies.

What Every Landlord Needs to Know About Insurance

Posted on by TheSph3r3

Being a property owner that rents either residential or commercial space is operating a business. This means that as a landlord you must protect yourself and your business from risks attributable to property loss, income loss and liability.

While requiring your tenant to either have renters insurance or general business liability insurance offers a modicum of insulation from these risks, it is not enough.

Coverage landlords need include:

  • Property insurance
  • Income replacement insurance
  • Liability insurance

Property is subject to risk from many types of peril. Fire, flood, earthquakes, hurricanes, and tornadoes are some of the more common risks. Most business insurance advisors recommend that a landlord purchase a policy for each peril to insure protection is sufficient.

In the event your rental property suffers significant damage from fire or another peril you will not be able to rent it. However, property taxes and mortgage expenses may still be upcoming and if you counted on income from the property for living expenses you need to replace. This is the purpose of income replacement insurance.

Injuries to tenants, visitors and guests that occur on your property can be costly to defend. If a claim is made against you for something like failure to maintain the property and that inaction resulted in an injury liability insurance will pay for your defense if the case goes to court and the amount of the settlement or verdict up to your policy limit.

Las Vegas landlords count on All Nevada Insurance for the best and most affordable landlord insurance. Call us now for a free insurance quote.

There’s An App for That: Home Inventory Made Easy

Posted on by TheSph3r3

A home inventory helps you recover lost property if you are a victim of a fire, break in or other tragedy. Homeowners insurance and renters insurance policies require the client to keep an inventory of their personal possessions so they can be replaced if they are destroyed or damaged. In the past, a hand written list or a video/photographic list were the common ways to maintain an inventory.

New apps are available for smartphones that allow consumers to immediately record new purchases and place them on their home inventory list. Apps are easy to use and make retrieving an item’s serial number and description as easy as typing in a few letters. Filing a claim for lost or stolen property can be taken care of almost immediately.

Las Vegas, Nevada residents have a new and innovative way to help them maintain an accurate and up to date home inventory. The agents at All Nevada Insurance can help their clients discover new apps that will help them create a home inventory using their smartphone. With a complete list of their belongings in the palm of their hand, they can make a claim or a police report in a matter of minutes.

Does your house look occupied while your traveling?

Posted on by TheSph3r3

Given a choice, most burglars prefer an empty house to victimize rather than a home that is occupied. Burglars and thieves are risk averse, and a home that has people inside is a riskier place to steal from. When you are going to be away from your home for a trip, it is a good idea to follow some of these tips to fool criminals into thinking you are home.

  1. Never indicate on social media such as Facebook, or Twitter that you are planning to be away. Save posting of photographs and comments until you get back. Social media is a great resource for criminals. Warn your kids not to post either and to hold off posting anything about their time away until they return.
  2. Discontinue newspaper and mail delivery. Nothing says “On vacation” more than a pile of newspapers on the front porch or stacked against the front door. Although neighbors might be willing to take and hold your mail, it is safer to have the post office do it. That reduces the chance of someone forgetting.
  3. Place lights on timers and set them to go on and off close to your normal schedule. If possible consider putting a television on a timer – noise is anathema to a burglar.

These simple tips give your home an occupied look while you are away and help to have a burglar look elsewhere to break-in. Of course, if you have an alarm, use it.

In case you are victimized, make sure your homeowners insurance or renters insurance is up-to-date. All Nevada Insurance, located in Las Vegas can assess your coverage and offers a free quote. Call us now.