Insurance for your valuables is a very serious thing. Most
people, however, often look cost over coverage. This could end up
costing you more in the long run.
Insurance that is less expensive is always appealing to the
naked eye. However, did you ever stop and think, “Why is this so
cheap”? In some instances, the coverage is not like for like and that
is why the difference in price. In some cases, an insurance bargain
can lead to a devastating consequence.
Here at All Risk Insurance, we go over the options and
coverages that are available to you and let you, the insured, decide
what is most important to you and your family. A knowledgeable
consumer is our best customer.
Some of the coverage listed below should be considered:
Deductibles: The lower the deductible, the higher the
premium. If an insured feels that they can absorb some of the cost
of a potential claim, then perhaps it would make sense to raise your
deductible, thus lowering your premium. However, if you are not in
the financial position to pay out of pocket for damage sustained to
your property, then the lower deductible would be your better
Replacement cost for your personal property: There is Full
Replacement Cost and Actual Replacement Cost for your personal
property. The Full Replacement cost is more costly, however, it will
replace like for like. The Actual Cost Value is a depreciated value
and will pay you on a lower level to replace your belongings. Full
Replacement is more expensive in premium than Actual Cost. It is
whatever suits your individual needs. .
Make sure you are working with an independent agent whose
support and expertise will keep you financial risks well covered.
Here at All Risk Insurance, we want to help protect your
family from a being improperly insured. The BBB has rated All Risk
Insurance as an A+ company for 12 years of service to the residents
of Florida. Feel free to give us a call at 561-395-5220.
Our office hours are Monday through Friday, 9:00 a.m. to 5:00
p.m. If you want to contact us after hours, do not hesitate to send
us an email at email@example.com