Home Owners Insurance, Are you in Good Hands??
What will your home owners insurance cover? The National Association of Insurance Commissioners (NAIC) conducted a poll of some 700 homeowners. The results showed that 51% thought there home would be covered in the event of the main water supply line to their home breaking and flooding their home. Nope sorry that is not covered by your typical homeowners insurance. 35% of the homeowners surveyed thought that normal homeowners insurance would cover in the event of a earthquake.
Though earthquakes are usually thought of as being especially destructive, fortunately here in New Jersey we don't have the earthquakes. Floods on the other hand are especially bad. According to (NAIC) 90% of natural disasters are accompanied by some form of flooding, and unless you have purchased a flood insurance policy you likely are out of luck.
Your standard homeowners insurance policy will pay to rebuild, repair, & replace homes and personal belongings contained in them, if they are destroyed by, Fire, Hail, Lightning, & Hurricanes, but not Floods.
Worried about potential flood damage in the future, Check into getting a flood insurance policy.
Thinking of buying a home in Morris County, Union County, or Essex County New Jersey.
If you would like to do some research on homes at Moore Estate or in Morris County there is a great tool for you the home seller or home buyer. You can do some of your own research on home values and the competition that is out there for every type of home.
- Check out Morris County Realtor the link to the totally free MLS search is on the main page, Just click on the Search For Homes Link in the gray box near the top of the web page.
Do all the research you desire before you are ready to talk to a Realtor. Of course I would love to earn your business, and feel strongly that the high level of service I provide to home buyers would more than convince you that you have made the right choice in a Professional Realtor.
Thinking of moving to Convent Station, Other another great town in Morris County? There are many wonderful and historic towns around Morris County? Check out Convent Station Real Estate for more information about the area. For news from the Convent Station Neighborhood click here.
Professional service when it comes to buying or selling a home in or around Morris County New Jersey call James Boyer at 973-647-0253. Morris County is such a great place, you just have to see it.
James T Boyer, Proudly serving Morris County, Union County, & Essex County with superior levels of service and professionalism. For all your New Jersey residential real estate needs call James Boyer Keller Williams Realty 973.647.0253
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