Tag: home

You may not think about your chimney very often, especially because it is out of sight and rarely inspected. However, your chimney is an important part of your home’s structure, and damage can create safety hazards or lead to costly repairs. Understanding how home insurance applies to chimney damage can help you better protect your home.

At M and M Insurance Group, we can help you review and update your policy to make sure your coverage aligns with the risks your home faces. If you need home insurance in Chesterland, OH, contact us for a quote.

Insurance May Cover Chimney Damage

Most standard home insurance policies cover damage to your home’s structure when it is caused by a covered event. This can include chimney damage resulting from incidents such as a tree falling on your roof or a lightning strike during a thunderstorm. Some policies may also cover accidental chimney fires, as long as the fire was not caused by a lack of maintenance.

Limitations You Should Know About

Home insurance does not typically cover routine chimney maintenance or damage caused by wear and tear. Problems such as structural cracking, settling, or deterioration over time are generally excluded. Damage caused by creosote buildup is also not covered, especially if the buildup results in a fire. If your chimney becomes damaged during a wind event, but the root cause was inadequate maintenance, your insurer may not cover the full extent of the loss.

Set Up a Consultation With Our Team

At M and M Insurance Group, we can help you customize your home insurance in Chesterland, OH to ensure your coverage includes protection against chimney-related risks specific to your home. Contact us today to review your options and better protect your property.

Many insurance industry experts recommend updating your home insurance policy regularly. Yet you may not realize what this means or whether you need to involve your agent. Periodic reviews of your insurance coverage will keep your policy up to date and ensure your residence is protected as it deserves. The professionals at M & M Insurance Group, serving Chesterland, OH, can guide you through this process.

What Is an Insurance Review?

Reviewing your home insurance involves a thorough evaluation of your current policy to ensure it adequately protects your home, personal belongings, and financial situation. Doing so will help you identify coverage gaps, potential overpayments and possible discount opportunities. Your home insurance review has several key components that you can perform:

• Check that dwelling and property limits are sufficient to cover losses
• Compare rates from different carriers
• Verify you have all possible discounts

While you can complete the first step on your own, you’ll need an insurance agent for the second and third steps. Giving your agent any updated information will ensure you have adequate protection and the best possible rate.

When To Update

You should review your coverage at least once annually, preferably a month or two before your current policy renews. This timing will allow you to analyze your current coverage and see how changes will affect your policy. However, some situations call for an immediate review of your coverage:

• Substantial home renovations and additions
• Acquiring valuable jewelry or artwork
• Lifestyle changes, such as marriage, divorce, a new baby or adopting a child
• Starting a home business
• Adding a pool, hot tub or similar feature

Ensure that your home insurance meets your current needs by working with the professionals at M & M Insurance Group, serving Chesterland, OH. Contact our office today for an appointment.

If you own a home, it’s important to have home insurance. Home insurance provides essential coverage that can help you rebuild or repair your home after a covered event occurs.

The professionals at M & M Insurance Group servicing Chesterland, OH, are here to help you find the best home insurance for your property. As an independent insurance agency, we work with many carriers to help homeowners compare and select coverage that’s right for them.

If you have home insurance, you may have considered making a home inventory. Understanding what a home inventory is and its benefits is crucial in the event of a claim. 

What Is a Home Inventory?

A home inventory is a list of everything you own. Home inventories usually include information like purchase price, year of purchase, brand, and model number.

Some people use a spreadsheet to create their home inventory, while others download an app. If you don’t have a home inventory but want to make one quickly, you can also make a video of your home’s interior, focusing on items you own. Keep your home inventory in a secure location that’s easily accessible outside of your home, such as cloud storage, so you can get to it after a disaster.

Am I Required to Keep a Home Inventory?

Some homeowners are required by their home insurance company to keep a home inventory; others are not. Even if you’re not required to keep a home inventory, it’s still a good idea to make one. 

What Are the Benefits of a Home Inventory?

Having a home inventory can make recovering after a disaster easier and faster. It’s hard to remember everything you own. Having a home inventory can help you replace items that you need if a disaster has destroyed your belongings. 

Need Home Insurance? Contact Us

If you need home insurance or want to review your existing home policy, the professionals at M & M Insurance Group, servicing Chesterland, OH, are here to help. Call to speak with one of our knowledgeable insurance professionals.