Risky Business

Who needs Builders Risk Insurance?

Taking on your dreams can be easier than you think.  If you are thinking about building your FOREVER HOME, a Builders Risk policy has you covered throughout the course of construction. Whether you are having your home built from the ground up or renovating your cozy home, make sure you have a policy to keep you protected during the process.

New construction builders risk policies can cost as little as $375 a year.  A piece of mind for your investments is a sound decision.  A solid understanding of the risk location, financial parties involved, and finished home value, among many factors, can help insure your protect, as well as all parties involved in the building process.  No matter whom takes out the policy, policy coverages and terms of coverage’s remain the same.  After completion, converting your Builders Risk policy into a Homeowners policy can be a smooth transition when you have a committed agent along the way.

Several clients that may need a Builder’s Risk policy:

  1. Property Owners
  2. Homeowners
  3. Contractors
  4. Investment Companies
  5. Development Companies
  6. Builders

Why do I need Builders Risk Insurance?

Protection is designed to cover the construction site if loss and damages were to occur.  Theft, vandalism, flood, windstorm, and extra expense coverage’s are a few, but not limited to, coverage options that are available under your builders risk insurance policy coverages.  Policies may also include coverage to damaged construction materials, fencing, scaffolding, and landscaping.  Insuring your financial protection during your new home adventures.

Learn More about what type of policy is best for you and the steps to get you converted to a Homeowners afterwards.

 

 

 

Homeowners Insurance and BBQ Fire prevention

It is that time of year when everyone is having friends and family over for bbq’s! During these fun times make sure you take a few safe steps to prevent someone getting burned, hurt, or catching the house on fire!
Steaks and franks are delicious, chicken meal prepping keeps you on track, and those fresh caught Gulf filet’s are calling your name to be grilled, but this could take a turn for the worst in a matter of seconds.

 

Always use caution to avoid injuring yourself or your family and friends, fire safety is key. Fire accidents could lead to a liability claim under your homeowner’s insurance policy, and extending to your umbrella policy for any further injuries or damage.

 

 

 

Here are a few precautions you can take to keep your barbecue safe

  • Make sure to use propane and charcoal grills outdoors only!
  • Keep children and pets away from your grills and smokers!
  • Never leave your grill unattended!
  • Place the grill or smoker away from the home, trees, decks, and anything flammable.
  • Be sure after you are done you clean your grills or other cookers free of any greases that will catch fire!
  • Always check the lines on your propane cookers…make sure there are no leaks!
  • On a charcoal grill make sure once the fire is lit do not add more lighter fluid!

 

 

 

Remember safety first!  For more information on household fires and  fire safety check out the information listed on the National Fire Prevention site.  To read the information about stove fires, grill fires, and fire prevention tips, click here.

5 Rules Every Landlord Should Live By

specialty dwelling insurance D'Iberville MS

I’m pretty confident that if you asked anyone who has ever owned a rental property you would get an overwhelming response that it’s not as lucrative or easy as they thought it would be. In fact, owning a rental property can be a major pain, and end up costing you a ton of money!

I certainly don’t mean to be a “Debbie Downer”, and I know that if it’s done right it can be lucrative, but from an insurance agent’s perspective, I don’t see a lot of people doing it right.

So you’re probably thinking, “Well Chris, you are an insurance agent. What do you know about real estate or rental properties? Why should I take advice from you?”

I’m not a real estate agent, and I don’t own a rental property. However, several of my friends/family/clients/co-workers own rentals, and because I insure a bunch of their properties, I’ve had a first hand account of the process, and I’ve learned what to do, and what not to do.

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