Protect Your Home from Disaster with Alabama Home Insurance!

Tuscaloosa Tornado in 2011

One of the main reasons people take out homeowners’ insurance is to protect their homes and possessions from a natural disaster such as in April 2011 when the Alabama tornado destroyed thousands of homes and took hundreds of lives. Those lucky enough to survive natural disasters still need to sift through the rubble of their demolished homes and belongings, which is why it’s so important to have enough Alabama home insurance to protect your assets.

To make sure you are not underinsured, you need to have enough insurance to rebuild your home if it was destroyed in a natural disaster – and you need to ensure you are insured for the disasters likely to strike. You may not have enough insurance to totally rebuild your house if you only get the minimum coverage required by your mortgage lender. Remember, construction costs change and if the disaster is widespread, parts and labor prices are likely to go up as demand increases. You can also get coverage for repairs that need to adhere to new building regulations.

It is also important to insure your possessions. Compile an inventory of all your belongings to work out their combined value. Taking out a cash value policy on your possessions is the cheaper option, but you will only be covered for the amount your possessions are worth now. Replacement cost policy will replace your possessions without subtracting depreciation.

You can even get covered for expenses you may incur if you have to live away from home while your house gets rebuilt. Check with your Alabama homeowners insurance agent to find out what coverage suits your needs. With peck Glasgow Insurance, you can receive the coverage you need for your home. Contact us today for more information!