Today I met
with a member of my EFG (Entrepreneurial Focus Group). He is a certified
Insurance Broker. It was over our meeting that I learned some of the many
serious changes that are happening in his industry of home insurance.
Like most of
us homeowners, we know the mandatory aspect of house insurance particularly if
we have a mortgage and even to those who do not have a mortgage. Many of us work from home adding liability to
the property. Are you fully covered now?
Over the
years, in my industry, I have heard from the many customers that have either
placed claims and/or negotiated the cost of such claims or coverage with insurance
companies mostly while trying to find “the best deal” and reducing their household
overhead.
Sorry folks,
this is precisely a situation where you don’t want to money pinch!!!
Just like
you don’t want to money pinch with the safety standards of your car, the same
goes for your house insurance!
If anything
were to happen and you end up making a claim, you’ll find out that due to neglect
your coverage is not 100%. Even worse, you’ll find out you have no case and
you’ll have to cope with the full expense of whatever situation you are
experiencing.
For more
information about home insurance, please check out my Referral Directory on my website;
