Anchor Insurance Blog

Insurance Tips for Home Buyers

Posted by Anchor Insurance on Apr 13, 2017 7:50:59 AM

Buying a home is a huge investment. It’s exciting, yet sometimes stressful, as there are numerous things to think about and do to prepare for your closing date.  Buying home insurance is only one of those things. And while you may be tempted to quickly check this item off your list at the last minute, be sure you understand the coverage you are choosing. You will thank yourself later! Your home insurance policy is designed to protect your new investment from unforeseen circumstances. If disaster strikes, you want to have enough insurance coverage to repair costly damage without draining your bank account.

So how do you go about selecting the best policy and coverage for your home? Here are a few tips:

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Topics: Homeowners Insurance

As you plan your next big move, be sure to consider your insurance needs.

Posted by Anchor Insurance on Jan 18, 2017 8:18:57 AM

The New Year is upon us and for most people it’s a time for setting goals…to be healthier, take a vaction, or save for that dream kitchen. As you make your exciting plans for the new year, remember to consider your insurance needs, especially if you’re thinking of remodeling your home, buying a new home or making other major purchases. As your situation changes, you’ll most likely need to update your insurance coverage so you’re always “insured to value.”

At Anchor, we always recommend insuring your home 100% to Value. Why? Because it is extremely important that you have enough insurance to cover your entire home and its contents, not just a portion of it. But what exactly is your home's value? Let’s dig into the specifics...

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Topics: Home Safety, Homeowners Insurance, Insurance Tips

Beware of Hidden Exclusions and Limitations

Posted by Anchor Insurance on Oct 31, 2016 3:18:42 PM

Don’t be tricked this Halloween. Beware of hidden exclusions and limitations in your home insurance policy.

When comparing homeowners insurance policies, it’s rarely apples to apples. Coverages can vary greatly from one policy to the next. And sometimes, policies contain special provisions that exclude or limit your coverage in certain situations, like when there’s a hurricane. What you save on premiums up front may end up costing you a lot of money when it comes time to file a claim.  Not to mention the stress and surprise of finding out you’re not covered when you thought you were.

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Topics: Homeowners Insurance

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