When remodeling in Astoria, OR, there are little projects and there are big projects. You know that you should probably pick up the phone and call your provider when building a whole new bedroom or redoing the kitchen from the ground up. But do you need to call them every single time you install a new sink or window?
What Are You Willing To Risk?
Ultimately, the question of when to call your insurer comes down to how much value you’re willing to leave uninsured. For most minor home improvements, you’re not required to tell your insurer, but if you put five thousand dollars of new fixtures into your home, and then your home burns down, that’s five thousand dollars you’re not going to get from your insurance provider.
Our advice: Anything you can’t replace with the cash in your wallet, you should probably tell your insurance agent about it.
The value threshold may vary from homeowner to homeowner. You might not be worried about a five hundred dollar bathtub, where someone else will want to ensure that those fifty dollar drapes are covered.
So really it comes down to peace of mind. That’s what we’re really buying when we call Linda Dugan Insurance about a home insurance policy, and if you’re not reappraising your home whenever it improves in value, then you’re leaving a lot of peace of mind unclaimed.
In short, your insurer needs to know when you’re doing major renovations. But you need your insurer to know when you’re doing minor renovations.
If you’re looking to get covered in Astoria, OR or if you have any questions, call Linda Dugan Insurance and see what they can do for you.
If you need auto insurance in Astoria, OR, you must first start by knowing some commonly used terms. This way, Linda Dugan Insurance will help you choose the right type of auto insurance you need.
If you don’t work in the insurance industry, you might feel confused when some of these terms are thrown around. Does it mean that you need to know every term related to auto insurance? Of course not. What you need to know are the most common and important terms.
Why these terms? You won’t know if you have the right coverage or getting the right deal if you don’t understand them.
An auto insurance deductible refers to the amount of money your will pay to cover car damage before the insurance company pays your claim. A good example is where you file a claim of $1000 but have a deductible or $300. This means the insurance company will only pay $700.
However, there are several facts you need to know about auto insurance deductibles. They include:
- Not every type of auto insurance attracts a deductible
- The higher your deductible, the lower your premiums
- A deductible is mandatory if you’re the at-fault driver
If you’re buying auto insurance, this is a term you must know.
The only reason your insurer pays your claim is that you pay for the coverage. The payment could be monthly, after six months, or annually.
The amount you pay as the premium will vary depending on different factors. They include:
- How long you drive
- Age of your vehicle
- Your driving record
- Type of auto insurance coverage
Learn More About Auto Insurance
There you have it! Two basic terms that you must know before buying auto insurance in Astoria, OR. However, you need to go into details and know how these values are determined. Linda Dugan Insurance is your reliable partner when purchasing auto insurance. Check out our website to learn more about these terms and many others.