February 1, 2010

With spring on the way, more cars will be coming out of storage. It is important to start reviewing your coverages to make sure you have the proper coverage for your vehicles. With more cars on the road, the risk of an accident is even greater.

Home buying season is on the way. Remember that you dont need coverage up to the value of your home loan. That is illegal for a bank to make you purchase coverage up to the value of the home. What is required for coverage through loans is that you have 100% replacement cost value of the home insured. This is NOT the loan value. It can be more than the loan, in which case you may want to do just the value of the loan. Or it can less than the value of the home. Be sure you are making the right decisions on your coverages.