Why Insurance Market Value is less than Replacement Cost of Home
One of the most common questions our office receives is: “Why does the insurance company say the market value of my home is much higher than it is actually worth?” First, the questions is worded improperly. Not intentionally, but the problem is that the “market value” of your home has zero to do with the “Dwelling A” (or reconstruction cost) coverage listed on your declaration page. Or what most of us believe to be the “value” of our home. So then how does it really work? My home is valued at $75,000, I owe $80,000 and the insurance...
Read More8 Reasons Why Spring + Cleaning + Home Inventory = Happy, Refreshing & Responsible
Things are finally starting to look a bit like Spring. This time of year is typically for many of us in the Midwest, a time of rebirth, and renewal. Things are beginning to green up, the snow blades are being replaced by mowers and we begin to emerge from our caves that we have spent countless days cooped up since the change of seasons. Finally the fresh air and greenery outdoors make us want to pretti-fy our indoor spaces, too. It just makes us feel better. And “Spring Cleaning” was created for just that reason. This is the one time per year most of us deep clean, get rid of,...
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