<<<is a BROKER btw
Pete_Coach wrote: ↑Jul 15th, 2012 1:41 pmWhen you get an electrician, make sure he is reputable and has the papers to do the inspection and can give you certification or something like that. Ask your broker what you may need and the broker may even have someone they have used before to get the right certifications.
The insurance company will do what it can to pay as little as it can LOL. The evaluation of your property will really only happen if a tragedy occurs.
The contents of your home, and proof of them, is your responsibility. A friend who is in the insurance business tells me that the first thing they try to do is buy you off with cash. For instance, in case of smoke damage, they will offer you perhaps 5 grand. In fact, when you get a restorer and then take all your clothes to a dry cleaner to get rid of the smoke, 5 grand does not take you very far but, at the time, it sounds good and you may even think you are gonna get some cash in your pocket.
How much to re-build your house? The problem with that is where the house is. The property may be more value than the "house" price. The loss to you will be the structure of the house and the contents. The value of the property will still be there, even if the house is not.
A broker will be able to answer all your questions with facts and proper information. She/he knows your area and the values of things in that area.The Broker works for you, not the insurance companies. You are his client, not the companies.
If you PM COSMIC5, she will be able to help you pick a broker. She should have a list of reputable ones in your are. She may even be in your area.
RIBO LICENCED INSURANCE BROKER, over 30 years experience