With thirteen years of insurance experience, Dustin Harwell, President and CEO of Modern Risk Management, is committed to providing clients with a worry-free financial future.
What insurance policies are essential for home protection?
Crucial policies include home, umbrella, flood and windstorm insurance.
What mistakes do homeowners make with insurance?
Focusing on price only. While price is important, the quality of coverage is equally as important. If a claim is necessary, the most significant financial protection is required.
How can homeowners balance cost with coverage?
Take advantage of all available discounts and keep a home up to date with the necessary modifications. By shopping policies annually, homeowners get the best possible rate and coverage. This practice prevents overpaying, overinsuring, or even underinsuring assets.
Is personal liability coverage essential?
Yes. I recommend maxing out liability limits as the difference between the lowest and highest levels of protection offers very little change in premium.
When should policies be updated?
Evaluate policies with every personal life change, such as a new home or car, marital or child status change, and employment transition. Revisit policies during home modifications such as roofing, wiring, or plumbing.
When choosing an insurance provider, consider their reviews and financial ratings. A strong reputation and prompt response to claims enhances a homeowner’s experience during a difficult and confusing time. To find the appropriate coverage, work with an advisor on home, flood coverage, and auto liability limits using top-rated industry technology to prevent overpaying for protection.