Homeowners insurance blog

Keeping “cash under the mattress”? Know what’s covered in the event of a loss…

When it comes to stashing extra cash around your home, do you know what is covered in the event your home experiences a fire, burglary or other peril? When it comes to homeowners insurance, this is one area where you should know what’s covered.

The truth is, most standard homeowners insurance policies will cover a small amount of cash if it’s lost in a covered claim- however, not much. For example, many policies will only cover up to $200 in lost cash. In addition, the $200 limit includes total maximum coverage not just for  money, but also including any bank notes, gold, silver, coins and medals that may also be lost in the peril.

If you plan on keeping a small emergency fund in your home- check the limits of your policy to make sure you’re not exceeding what you are protected for. Also, make sure you keep it in a fire-proof safe that can’t be stolen. Otherwise, you may want to keep your money in the bank where it is insured by the FDIC.

FYI: Cash isn’t the only item that has low limits of home insurance coverage. Also check up on your theft coverage for jewelry, furs and any collectible items which often hold a limit of maximum coverage of $1500. If you have any expensive pieces or if your total value of all items exceeds your coverage limits, you may want to take out an endorsement to increase your coverage on a specific item.

5 Spring Landscaping Tips That Your Yard Will Thank You For

With Spring weather among us many have the itch to get outdoors and start planting. However, before you head off to the local nursery to purchase those blooms, make sure you give your yard the spring clean-up  it deserves.

#1- Clean those beds!
Before planting anything in your garden beds make sure to thoroughly clean-out any debris that may have collected over the winter including tree limbs, leaves, rocks, etc. Also do a thorough weeding. Doing so will ensure that any plants or flowers that you want to come back up this Spring will do so successfully.

#2- Give your grass a face-lift
According to the Scott’s Miracle-Gro website, it is a good idea to fertilize your lawn every spring. As the weather warms and your grass begins to grow faster it needs the extra nutrients that a good fertilizer can offer. Also, do a scan of your lawn to target any yellow or brown spots which can be caused by weeds or pets. Plant seed where needed to bring these spots back to optimal condition.

#3- Prune
The trees and shrubs on your property most likely need some attention as well. In order to keep them healthy and looking their best be sure to trim off any dead sections. If a particular tree or shrub is looking ill-fated, be sure to ask your local garden center expert about specific fertilizers that can be used for that species. (Keeping dead limbs away from your home and fence can also reduce the chance of damage to your home.)

#4 They need H2O to Grow!
If you have an in-ground sprinkler system this is the time to test all of the sprinkler heads to make sure everything is running as intended. Make sure all heads are working correctly and targeting the parts of your lawn you want them to.  If you water your lawn and garden with a hose or above-ground sprinkler, make sure your hoses and equipment are in tip-top shape and ready for the season.

#5- Plan for New Plants
If you want your lawn and garden to look cohesive and worthy of awe you want to have a plan in mind before you start digging holes and dropping in bulbs. Stand back from your yard and take it all in. Try to remember where your perennials will be coming up and decide where you have bare spots or may have too much overgrowth. Having an idea in your head will help guide you when you head off to the Nursery to purchase more plants. Need some ideas for what to put where? Here is a great article by a Landscape and Garden expert that offers some ideas.

Now get those gardening gloves on and get out there!

Severe weather sparks home protection concerns

The National Weather Service has issued storm warnings for the East and South coasts of the U.S. causing homeowners to batten down the hatches and brace for  dangerous winds, rain and hail.

It is often on the eve of such storms that many begin to question their homeowners insurance coverage hoping that they are adequately insured in the event their home sustains major damage.

A standard home insurance policy will cover damage caused by wind and hail up to certain limits in the individual policy. However, for damage caused by rising flood waters a homeowners must have an additional flood insurance policy if they want coverage for flood damages.

Homeowners that want to protect their home from storm damage should perform regular maintenance on their roof, siding and rain gutters. Also, cutting down any threatening tree limbs will help protect your home as well.

For more information visit the HomeInsurance.com Disaster Guide.