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Home Insurance

For Homeowners, Condo/Bareland Unit Owners, and Tenants

For most people, buying or renting a home is one of the biggest, most important decisions they will ever make financially. But, aside from the fact that it is a valuable asset, it is also the place where we raise families, create memories, and develop a sense of community. Unfortunately, accidents cause damage to homes and personal property more often than we like to think. However, with the proper insurance there is a chance to recover the financial value of the property that is damaged or lost. This is why we offer a number of products to serve your specific situation.

Whether you are buying a home or condo, or are renting a space as a tenant, an experienced Waggoner Insurance broker will provide you with the information you require to choose the insurance product that best meets your needs. We will not only guide you through the process of selecting the appropriate types and levels of insurance, but also encourage you to ask questions that will help you to understand the product we are providing.

Homeowner's Guide to Insurance

Questions You Should Ask Your Broker

We have noticed throughout our many years as Insurance Brokers that people often hesitate to ask questions about their insurance. Whether you feel unsure of how the question will be received or you just don't know what to ask, here are some examples of questions, we at Waggoner Insurance think it is important to ask:

What type of coverage do I have?

What is the limit of insurance on my valuables? (Be specific about the valuable items that you have. Ex: "What is the limit of insurance on my stamp collection?")

What is liability coverage? Why is it important? What does is cover?

Do I need/have sewer backup coverage? What does sewer backup coverage insure?

What is considered wear and tear? Why doesn't my insurance company cover it?

What is considered a home business? What coverage is available?

What should I do if I am going to be away from my house for more than 3 days?

What do I do in the event I need to report a claim?

What will happen to the cost of my insurance if I put in a claim?

What are my payment options?

The answers to these questions will depend on your specific insurance policy and the company providing your insurance coverage. We take pride in having conversations with our clients and providing all of the information you need to be confident in the coverage we are providing. We encourage you to use the questions above to start thinking about what you want to know about your insurance policy and to come to us for the answers.

Home Insurance Checklist

Using this checklist can help both home owners and home buyers in many ways. The checklist is based on all of the information about the home that affects your insurance rating and premium. Knowing the answers prior to contacting a broker can help to simplify and speed up the process of receiving a quote and most importantly the proper coverage.
For home owners: it is a good way to understand the information you will be asked when insuring your home with a new broker for the first time. Because it contains the most important information required by your broker it is also helpful to keep on hand so you know when to alert your broker of changes that have been made in your home.
For home buyers: it provides a list of questions to ask your realtor or the seller of the house. Many of the items are overlooked by optimistic home buyers and are only realized once they become a problem or require upgrading before insurance can be provided.