Murfreesboro Homeowners Insurance Knowledge
Home insurance is necessary to protect not just your belongings, but also your physical home. While no amount of money can replace pictures of your children, the coffee table you bought when you first got married, or the energy that you put into making your house a home, home insurance exists so that when you start over from a theft or storm or fire, that you don't have to go into your own pocket to begin anew.
Tennessee Home Insurance Basics
Before you sign any policies, it's important that you know the home insurance basics so that you make an informed decision with full context. Don't be alarmed if you paid $200,000 for your home and it's only insured for $100,000. Remember that your lot has value even without a house on it, and that property won't burn down even if the house does.
TN Home Insurance Dwelling
Property/Dwelling/Contents—There are three figures that will surround any policy: the cost of the property (what you paid for your home), the dwelling insurance rate (cost to replace your home in full), and your contents rate (cost to replace all of your possessions).
"Contents" is basically anything that would fall out of your home if you turned it upside down and shook it. If you own a lot of expensive things, it's best to a) get higher contents insurance and b) video tape your belongings to prove to adjusters what you own in case you ever need a claim for your home insurance.
What's Not Included, Tennessee Home Insurance Riders
There will be a few things that are not going to be covered under the typical home insurance policy. Anything that is not covered on your policy, but is covered on a separate, appended policy is called a "rider." For example Jewelry is covered, but usually only up to $1,000. To protect any family heirlooms or your wedding ring, you'll need to take out a separate rider for those items. Another example would be Home Flood insurance, which is often required in certain areas, is a separate piece to your home policy. The same goes for wind and hail.
Is Home Owners Insurance Required?
If you are buying a house, you will need to secure home insurance before you close. The bank will require this so that you protect their investment. If you own your house outright (i.e. there is no mortgage on it), you technically do not have to carry home insurance. It's a great idea so that you don't get left holding a big bill and nowhere to live should the worst occur, but technically, it is your property and if you don't want to insure it, you don't have to. The wise thing to do is to keep a home insurance policy even once the title is transferred upon payoff.
Have you noticed several spots in your yard of raised soil with dirt pushed to the sides as if someone was trying to recreate a low budget Tremors sequel? If you've stepped on these brown ridges of soil and felt yourself sinking, you most likely have a mole in your yard. And you probably want to stop the damage to your yard.
There's nothing quite like farm fresh food. The vendors of the Main Street Saturday Market will once again bring their fresh fruits, vegetables, breads, meats, and flowers to the downtown square in Murfreesboro, TN every Saturday from 8:00 AM until 12:00 PM starting the first weekend in June until the last weekend in October.
On Sunday, April 23rd 2017, a fire engulfed 12 units of Carrington Park Apartments in Murfreesboro, TN located just off of Old Fort Parkway and Cason Lane. Thankfully, no injuries were sustained. However, thousands of dollars worth of belongings were destroyed, as well as leaving at least 12 families and/or individuals homeless. Unfortunately, the threat of losing all of your belongings in a fire is a real possibility. While the fire started in only one unit, it quickly overtook 11 other units. It is an uncomfortable thought, but it causes us to pause a moment and think, "What if that happened to me?"
Spring is finally here! Along with sunny days, warmer weather, and plans to play outside, evening dinner parties and just getting inside without a hoard of gnats and other bugs getting inside can be a challenge. You want to keep your porch light on so you can see where you're going when you get home at night, but you're not looking forward to wading through the swarm of annoying bugs. Sound familiar?
When I purchased my first home, I was excited to begin making it my own. I started by cleaning the exterior walls, adding some decorative rocks to the front entryway, and trimming back the overgrown brush in the backyard. However, when I started looking at costs to make a firepit, purchase outdoor seating, and patio/deck furniture, I was highly discouraged! I thought I was going to have to save hundreds of dollars to even get started with my outdoor dreams.