There’s nothing more valuable than your home. That’s why you have to make sure to protect it. From the structure itself to all of your belongings, homeowners insurance is the best way to make sure you don’t suffer a financial loss should anything happen to your home. The beginning of a new year is the perfect time to review your current coverage and look for even more ways to guard your investment. The independent insurance agents at Batesburg Insurance Agency recommend taking the following steps as you assess your home insurance coverage.

  1. Think about the value of your home. Have you added on to your house, remodeled, or made other significant improvements? If so, those things likely added value to your property. That means if your home gets damaged, it will cost more to restore it to its current condition. You’ll want to make sure your policy is adjusted to cover the increase in structural value.
  2. Think about the value of your contents. Over time, everyone accumulates stuff. The more stuff you have, the more it will cost to replace it if you’re the victim of a fire, storm, or other damage. Reevaluate your contents policy to make sure you’ve got enough coverage for all of your personal belongings.
  3. Think about who lives in your home. The person whose name is on the policy, along with their spouse and children, will automatically be covered. But are you renting out your garage apartment or the entire home? If so, that tenant will need to get renters insurance to protect their belongings. There may be other liability issues involved. You should talk with your insurance agent before entering into any sort of agreement with a renter.

There may be other circumstances that need to be considered in an assessment of your homeowners insurance. Don’t take a chance—call your insurance agent to make sure all your bases are covered. If you’re looking for an insurance agent near you in Saluda, Irmo, Columbia, West Columbia, Lexington, or other areas of the Midlands, call Batesburg Insurance Agency. Our agents will even see if there are any ways to reduce your home insurance bill. We’ve helped South Carolina residents protect their property since 1914. Trust us to take care of you.