Does your homeowners insurance offer enough protection?

According to Property Casualty 360, a recent study done by Marshall & Swift/Boeckh almost 60% of United States homeowners are under insured with only enough insurance to pay for 78% of replacement costs. The article by Property Casualty went over some mistakes that homeowners make when it comes to their policies. Have you made any of these mistakes?

1) Have your remodeled you home recently? Remodeling your home adds to the property value which is almost always good. But did you report the higher property value to your insurance company? If not, you are under insured for the amount of your remodel. Continue reading “Does your homeowners insurance offer enough protection?”

Will you still have homeowners insurance this October?

You may not if you live in South Carolina. According to an article on Property Casualty 360, this coming October 9th Allstate has chosen not to renew homeowners insurance policy holders who own homes insured for less than $220,000, are more than 10 years old and that do not have auto insurance with Allstate. This will affect about 10,000 customers in South Carolina. In addition to this the South Carolina Farm Bureau Insurance Company plans to drop approximately 3,000 homeowners in the state. If you are affected by this drop in coverage consider contacting Cossio Insurance Agency for high quality affordable coverage. Call us at 864-688-0121.

See the entire article here:

Flood Season is Here – Do you have insurance coverage?

Floods can happen anywhere, however recent Wildfires in several Western States have increased the risk of large-scale flooding & mud flows in these areas. Wildfires increase the risk of flooding because the fire removes vegetation & chars the ground, leaving it unable to absorb rainfall the way it normally would. The risk of floods and mud slides remain high for up to five years after wildfires.

Your business insurance policy & homeowners insurance policy does not include flood insurance. No matter what area of the country you live in, don’t leave your home or business unprotected! Contact the Cossio Insurance Agency today to get flood insurance coverage & let us be your lifesaver!