Category: Home Insurance

Owning real estate in the Follansbee, WV area has continued to be a great way to establish your personal financial equity and have a stable place to live. If you do purchase a home here, you need to ensure that you carefully assess your insurance needs. There are various situations when someone in West Virginia will need to have a proper home insurance plan. 

Home Insurance: Who Needs The Coverage

When Taking Out a Mortgage

A situation when someone will need to have a home insurance plan will come when they want to take out a mortgage. With housing prices at record highs, financing a home purchase with a loan is often an ideal option. If you do decide to take out a mortgage, you will need to meet the lender’s insurance requirements. Typically, this includes requiring you to have a full insurance plan and even establishing escrows for payments each month. 

When Trying to Cover Assets

You also will need to have coverage when you want to protect your assets. Your home is likely the most valuable asset that you will ever own. Because of this, you will want to know that you are doing all that you can to cover your valuable asset. If you get a proper home insurance plan, it will give you coverage for your home as well as your personal belongings. 

Contact Us Today

Property owners in the Follansbee, WV area will always want to know that they are choosing the right insurance plan. Once you are ready to start looking for a new policy in this area, it would be wise for you to call the Mutual Insurance Partners. The team with the Mutual Insurance Partners can offer the right support you need to build your next insurance plan. 

Although there is no limit on the number of claims that a homeowner can file, you’ll want to be judicious in choosing when and when not to contact your homeowner’s insurance company for a claim. Pro Insurance Group in Follansbee, WV has some suggestions for you to make a decision.

Home Insurance Claims – How to Decide?

If you have a history of filing claims, the insurance company may increase your rates because you are deemed a risky customer. When deciding whether or not to file a home insurance claim, start by comparing the anticipated cost of the repair versus your deductible. If the cost is less than your deductible, it is generally better to pay out of pocket than to file a claim.

An exception to this rule is if you are filing a liability claim – with a liability claim you should always file if there is a chance that you might be sued as the fees associated with a lawsuit can quickly escalate. If you are concerned that your homeowner’s insurance premium may increase, one way to reduce it is to increase your deductible. However, if you increase your deductible you’ll want to choose a number that you can easily afford to pay if a claim needs to be filed as your insurance company will only pick up the tab if the cost exceeds your chosen deductible. 

For more information on when to file an insurance claim or to purchase a homeowners insurance policy, let the team at Pro Insurance Group in Follansbee, WV help. We’ll take the time to answer each of your questions and walk you through the insurance process so that you will feel comfortable in any decision that you make.

Give us a call today to schedule a no-cost consultation with one of our friendly and knowledgeable insurance professionals.

Your home is probably one of your largest and most important investments. Not only have you invested a lot of time and money into your home, but your house is also the place your family comes to feel safe. It is very important that you take the proper steps to protect this important investment.

At Pro Insurance Group, serving Follansbee, WV and surrounding areas, we want to help our clients and future clients understand how they can protect the things that mean the most with great advice and insurance products. Keep reading to learn how you can protect your home from fire risks. 

Deal With Faulty Electrical Issues

Many house fires are the result of faulty wiring. If you notice your home experiencing faulty electrical systems, it is imperative that you have the problem dealt with as soon as possible by a professional electrician. Although this will feel like a big expense at first, remember that you are investing in the safety of your family and home. 

Avoid Clutter

Allowing extreme amounts of clutter to accumulate in your home can also be a fire risk. Clutter near appliances or electrical outlets will provide fuel in the event that a spark ignites or something short circuits. Keep clutter out with good housekeeping routines and frequent de-cluttering. 

Keep Dangerous Materials Out of Reach 

If you have children in your home, it is imperative that you keep all dangerous materials out of reach. This would include matches, lighters, fuel, or anything explosive. 

If you want to learn more ways you can protect your home, or if you are in need of insurance products, please contact us at Pro Insurance Group serving Follansbee, WV and surrounding areas. We will be happy to answer your questions today. 

When you purchase a home, it is wise to invest in adequate insurance to protect your home and its contents. That is where home insurance comes in. It covers three main areas depending on your policy wording. These are physical damage, theft, and legal liability. The folks at Pro Insurance Group serving the area of Follansbee, WV often encounter the following queries:

Is Home Insurance only for Homeowners?

The answer here is no. Broadly speaking, there are six (6) different types of home insurance available depending on your needs, the type of home you have, and whether you rent your property or own it.

• Basic
• Broad
• Special
• Tenants Broad
• Comprehensive
• Special Condominium

Are there Deductibles?

Yes, normally there are provisions for deductibles for the section that deals with losses. In West Virginia, depending on the policy wording, the amount will vary. Some companies may offer higher deductibles in exchange for reduced premiums.

What is the difference between Replacement Cost and Actual Cash Value?

Replacement cost pays to repair or replace your property after a loss. Actual cash value is the replacement cost less depreciation and is the lesser coverage of the two options.

How is my premium determined?

There are several factors at play here. These include but are not limited to:

• Type and amount of coverage you require
• Your claims history
• The level of security on your property
• The home itself – the value, the age, the materials it is built from

Act Now!

Do not make the mistake of thinking that you do not need home insurance. Home insurance provides protection when your home is upside down from physical loss, theft, or even legal liability. Contact the Pro Insurance Group serving Follansbee, WV today and make sure you are adequately protected against every eventuality.

Homeownership continues to be a good option for those that are in the Follansbee, WV area. If you are looking to acquire a property when in this area, it would be helpful to also get proper insurance in place for it. A home insurance policy in this area can provide you with several forms of helpful protection.

Coverage for Assets

One way that you can benefit from your insurance plan is by receiving protection for your assets. A home insurance plan will provide the support needed to repair or rebuild your home if it is damaged by an incident covered by the policy. This coverage can also extend to your personal assets, up to the policy limits. More valuable assets can also be covered through the creation of a policy rider that will attach to the home insurance plan.

Liability Support

A West Virginia property owner is going to take on some liability risk at all times. These risks can include if an accident occurs in your property that leads to an injury of a guest or causes damage to someone else’s property. In either situation, having insurance protection in place would be helpful. A home insurance plan will give the liability coverage to offset these risks 

Having a home insurance plan for your property in the Follansbee, WV area should be considered a necessity due to the coverage it provides. If you are looking for a plan when you are in this area, you should call Pro Insurance Group. There are many choices to make when looking for coverage and Pro Insurance Group can make it easier for you. The team can offer the support needed to help you build a plan that will properly protect you and your property.

While there are no laws that require homeowners insurance, it’s a good idea to get it. If you have an expensive home, there is a need to take precautions because the future isn’t promised, and if a storm were to cause serious damage, for instance, you would not enjoy paying out of pocket for the whole cost. Pro Insurance Group is on hand to help you if you’re in the Follansbee, WV area. We will answer your questions and give you a handy guide on homeowners’ insurance basics.

Who Needs to Get Home Insurance?

Start with the basics first; who exactly needs to get homeowners’ insurance? Anyone who has a home or is purchasing a home needs to buy insurance mainly because of security. If your valuable property gets destroyed, you should be able to have it restored without digging into your pockets. 

If you hope to get a mortgage to finance your home, you will need to get insurance so that your prospective lenders know you are not getting into a risky situation and putting them in a bad deal.

Why Get Home Insurance?

There are a few reasons why and the main ones are:

• It will help you pay for necessary repairs that arise due to a covered loss like fire or lightning, hail, vandalism, civil commotion, or any other sudden, accidental occurrence.
• It can help you replace your possessions if they get damaged due to a loss covered by the insurance.
• If your policy includes additional living expenses, it will cover the costs incurred from staying at a hotel while your home is renovated.
• If a guest gets injured in your house, your insurance can help cover both medical and legal bills if need be.

If you’re a resident of Follansbee, WV, and you’re ready to start the journey to stress-free homeownership, check out the Pro Insurance Group, and we will be happy to help you get a robust cover. 

Buying a home is something  Americans strive to achieve. Once you have saved and finally found your dream home, you need to make sure you have a good home insurance policy and an agent you can trust to have your best interests at heart. Pro Insurance Group in Follansbee, WV has been serving our community for 60 years. We provide exceptional service, and when you need us, we will be there for you. If you are filing a claim, we will help you through the process, and having a home inventory will make the process go smoother and quicker. 

A home inventory is a listing of all the items that you own and are in your home. If a covered hazard such as fire or tornado hits, you may not have many houses left. You will be asked to provide the insurance company with information about the contents before the damage occurred. Imagine being in a state of shock and thinking about everything in your kitchen or in your closets. It would be overwhelming. 

By making the inventory ahead of time, you can easily provide the insurance adjuster with the information they need to process your claim. You can opt for using a pad and pen or make a digital inventory. No matter which option you choose, you will want to be sure you record model names and serial numbers, especially on electronics. For jewelry or art, you should have an appraisal and take lots of pictures. The more detail you provide, the easier things will go. Lastly, store the inventory in a safe place. Ideally, it should be off-site but if you keep it in your home,  place it in a fire and waterproof safe. 

Contact Pro Insurance Group in Follansbee, WV for more information about home insurance.

Home insurance is an essential financial product that homeowners need. Homeowners in Follansbee, WV can depend on Pro Insurance Group for their home insurance needs.

The following are three questions you may want to ask when you’re in the process of buying home insurance in West Virginia. 

Why is homeowner’s insurance necessary?

Some first-time homeowners might find themselves wondering if home insurance is really necessary. After all, home insurance is not required by law.

While home insurance may not be required by law, it is required by mortgage lenders. You have to purchase home insurance if you borrow money to finance your home purchase.

Otherwise, home insurance is just a good idea. It protects your investment in your home and ensures financial protection against many different types of home damage. 

Does homeowners insurance cover damage from mold?

Mold can cause a lot of damage in a home. Homeowners insurance may cover mold damage depending on the circumstances. 

Home insurance may cover mold damage if it is caused by damage due to frozen pipes or specific plumbing or HVAC malfunctions. However, mold damage probably won’t be covered if caused by flood damage or a sewer backup. 

You need to read the fine print on your policy to determine if it covers mold damage. You might want to invest in added types of coverage like flood coverage and sewer/water backup coverage to enjoy enhanced protection against mold damage. 

What decisions will I make when purchasing home insurance?

You’ll need to decide between replacement value or actual cash value coverage when you buy a policy. You’ll also need to determine your deductible amount and what add-on features you want your policy to include. 

You need to ask the right questions to find the right home insurance policy in Follansbee, WV. If you have questions about home insurance, we have answers at Pro Insurance Group. Contact us today to learn more about our insurance products.