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Home Insurance Arnold MO

5 Tips For Getting The Right Home Insurance

Home Insurance Arnold MO | MJM Insurance® of Fenton | (636) 343-5000You may think getting the right Home Insurance Arnold MO means just calling an agent, giving him your address, what year the home was built, and some details on the property is enough.  Does your agent come to your home and take photos?  Do you think about telling your agent you have a swimming pool – or do you know if you live in a flood zone?

What if you have an above ground swimming pool and it collapses, flooding your basement?  What if your neighbor’s tree falls on your home?   Do you have a record of the content in your home and how it is covered by your homeowners insurance?

It is imperative to inventory the contents in your home.  Our agents at MJM Insurance® of Fenton can help you identify items in your home that should be recorded as inventory and documented.

If you own your home, contents or personal property insurance will be part of your overall house insurance policy. If you rent, it’s still important to get contents insurance as your landlord’s building policy will not cover your belongings.  There are many options when it comes to insuring the contents of your home. Understanding the coverage you need and the pros and cons of the major insurers will help you get the best coverage for the best price.

Below are a few tips when you search for  “Home Insurance Arnold MO.”

1. Perform a proper valuation of your contents.

First, your MJM Insurance® of Fenton insurance agent will ask you to estimate the value of your belongings. If you combine contents insurance with a house policy, the contents portion is often valued at a percentage of the house value. If you do not establish a detailed valuation of your assets, it may leave you underinsured or paying premiums that are too high. You should list all your assets and give them a fair market value.

2. Understand the limitations of your coverage.

Regardless of the contents policy you choose, it will not cover every loss situation or every asset. Your MJM Insurance® of Fenton insurance agent will explain the “exclusions or limitations” of your homeowners insurance policy and make so that you have any addtional endorsement to ensure you are covered.  The most common mistakes homeowners make are thinking their home insurance policy covers everything and do no seek the services of a professional insurance agent.

3. Do not buy home insurance on price alone.

Beware of the commercials that advertise “home insurance for as little as $10 a month”.  These low-cost policies only cover the minimum, leaving you at great risk. Don’t settle for cheap insurance and lose the proper coverage, customer service or timely claims payments. Your home insurance is going to be in place for a long time, so choose a company with a good reputation and a policy that meets your coverage needs.  We combine years of experience and top-rated companies and products to provide exceptional service and value to our clients.  Our trained, professional staff will do the research, analysis, and shopping for you.

4.  Expensive artwork, jewerly, and other “collectables” may need to be insured separately.

If you’re a collector of antiques or vintage items such as sports cards or antique glass, your collection will most likely not be fully covered under a standard contents policy. You may be able to obtain a rider on your policy to cover the collection, or you may have to obtain separate insurance for it. This is also true for large art collections and expensive jewelry.  If the collection is worth several hundred dollars or irreplaceable, you should have the items appraised. The appraisal certificate will be required by the insurance company to verify the contents exist.  We recommend keeping all your paperwork in a safe location, so that they are accessible in the event of a loss.

5. Shop price but compare ratings.Home Insurance Arnold MO | MJM Insurance® of Fenton | (636) 343-5000

As we have explained in other blog posts, every insurance company is rated by independent rating agencies. There are five major rating agencies that cover insurance companies, including A.M. Best and Standard & Poor’s. Standard & Poor’s provides ratings for entities that offer different types of insurance products and services including life insurance, property and casualty insurance, annuities, health insurance, reinsurance, title insurance, mortgage and bond insurance. Another rating agency is J.D. Power Insurance, they are your guide to finding which vehicle, health, and home insurers ranked highest in J.D. Power consumer studies.

More information about home insurance for Arnold Missouri can be found at Missouri Department of Insurance.  During your search for  “Home Insurance Arnold MO,” call an agent with MJM Insurance® of Fenton, we will be happy to assess your risks, shop top rated companies, and find the coverages you need for the best value.

 

Home Insurance Agent Arnold MO

If you have you been searching the internet for a “ Home Insurance Agent Arnold MO ”  your search is over!  The agents of MJM Insurance® of Fenton provide homeowners insurance and services by the top-rated insurance carriers in the country.  We have the products to protect your home in cases of fire, theft, storms and more.

Whether you’re just starting out renting or buying a home, or you’ve built the home of your dreams, MJM Insurance® of Fenton offers home insurance options that are right for you. We are your Home Insurance Agent of Arnold MO and can help you choose the best coverages to meet your needs.  From standard coverage options that provide basic protection for your home and property, all the way up to deluxe options that better protect your home’s value and assets like jewelry. You can even get coverage that protects you in the event of law suits or identity theft.  We also insure condos.

Home Insurance Agent Arnold MO | MJM Insurance® of Fenton (636) 343-5000

An MJM Insurance® Home Insurance Agent Arnold MO will get you the coverage you want with the savings you need. Our professional agents have access to a variety of insurance carriers that offer Homeowners Insurance, Renters Insurance, Landlord Insurance, Condo Insurance, Mobile Home Insurance, Catastrophe Insurance and more.

Since moving into your house, you’ve probably purchased a number of valuable items. At the very least, your house probably isn’t empty. Thankfully, your homeowners insurance covers some portion of your possessions after a loss, such as a fire or burglary. But how much does it cover, and is it enough to replace your most treasured assets?  How much have you thought about your insurance protection? If you have not taken a recent inventory and assessed the replacement value of your daily use items, it’s time for a review.  MJM Insurance® of Fenton agents have the tools and resources for you to take a proper inventory and make sure all the items are included.

Your basic homeowners insurance policy may not cover the replacement value of these items if they are destroyed or stolen. In this case, you may need to purchase a rider on your homeowners policy to cover these special items. Your local Home Insurance Agent Arnold MO can help to go over these items and the contents insurance needed to cover them.

MJM Insurance® of Fenton is committed to outstanding customer service.  We start by offering the best insurance products at a reasonable price. But it’s the MJM Insurance® of Fenton team that really set us apart from the competition. With combined experience of 60 years, our sales and support staff members can handle your transactions quickly and efficiently. We service each and every account using out team of insurance professionals and we’re always available to answer your questions.

Our “Home Insurance Agent Arnold MO” team is committed to professionalism.  Our dedication to superior client service comes from a culture of professionalism and respect. All of our associates at MJM Insurance® of Fenton have strong credentials and all of our policies are presented to you in a consistent and professional manner.

Home Insurance Agent Arnold MO | MJM Insurance® of Fenton (636) 343-5000You can depend on us to solve problems quickly.  MJM Insurance® of Fenton has unique industry relationships, allowing us to provide exclusive insurance solutions to our customers. Additionally, every staff member is trained to actively listen and provide helpful answers presented in a way in which our policy holders clearly understand.

Our agents have a strong work ethic and are committed to earning and maintaining your trust.  We believe trust is something earned by listening to our customers while providing helpful advice and support. Trust and consistent underwriting practices is what we expect from our carrier partners, and in return we owe the same level of service to you.

Your search for “Home Insurance Agent Arnold MO” is over.  Welcome to MJM Insurance® of Fenton.

Fenton Missouri Homeowners Insurance Coverage

Double check your Fenton Missouri Homeowners Insurance policy to make sure you’re completely covered.

Most years, hurricanes threaten the U.S. East Coast while wildfires and floods often plague the west and tornadoes remain a concern throughout much of the Midwest.  It is prime season for homeowner’s claims too, as residences often bear the brunt of all this wild weather. It’s also a good time for you to talk with your MJM Insurance® of Fenton agent to double-check your Fenton Missouri Homeowners Insurance Coverage and make sure you have enough protection in place should the worst happen to your home.

Nearly 2/3 of U.S. homes are underinsured, leaving almost two out of every three American homeowners at risk of financial disaster in the event of a catastrophe; meaning someone whose house cost $200,000 to replace would find themselves short by $36,000. Millions of homeowners throughout the nation are at risk of major financial loss should a natural disaster hit their neighborhood.Fenton Missouri Homeowner Insurance Coverage | MJM Insurance® of Fenton (636) 343-5000

Homeowners are often content with “guaranteed-replacement” or “extended-replacement” policies, which sound like they’ll cover the rebuilding of a home regardless of the cost. But true guaranteed-replacement policies are almost extinct, and virtually all insurers cap their payouts at 100% to 150% of the amount for which the home is insured.  A helpful tool when calculating the value/replacement cost of your home is AccuCoverage. The calculator walks you through a questionnaire that usually takes 20 to 30 minutes to complete and provides an estimated replacement cost.

Here are some of the more common mistakes that homeowners make that put them at risk.

Remodeling.

Renovating a home can be rewarding, but a costly experience.  Although remodeling your home may increase the property value; many people forget to call and update their home’s value.  Certain property improvements might even trigger new types of coverage as well.  For example, if a homeowner installs a swimming pool, they may need to upgrade homeowners insurance coverages.

Just covering your mortgage.

In an ideal world, the amount we owe on our home should be less than the actual value of our home. The 2008 real estate crash pretty well laid that “rule” to rest, but the fact remains that too many people just think about their mortgage value when selecting their homeowners policy. So, in the event of a loss, these homeowners can pay off their mortgage but not necessarily rebuild their home.

Wait, they update building codes?

Construction standards have evolved greatly over the decades. As a result, a lot of the work that was done years ago on older homes may not pass muster with today’s more stringent building code standards. That means, in the event of a disaster, older homes will need to not only be rebuilt, but brought up to code as well.  This can get expensive, and needs to be taken into account when updating homeowners insurance policies.

If you or someone you know have made modifications to the home, contact MJM Insurance® of Fenton for a free evaluation of your Fenton Missouri Homeowners Insurance Coverage to make certain your valuables are protected, just in case of a loss.  It’s better to be safe than sorry.

 


Why Choose MJM Insurance® of Fenton?

We’re committed to outstanding customer service

We start by offering the best insurance products at a reasonable price. But it’s the MJM Insurance® of Fenton team that really set us apart from the competition. With combined experience of 60 years, our sales and support staff members can handle your transactions quickly and efficiently. We service each and every account using out team of insurance professionals and we’re always available to answer your questions.

We’re committed to professionalism

Our dedication to client service comes from a culture of professionalism and respect. All of our associates at MJM Insurance® of Fenton have strong credentials and all of our policies are presented to you in a consistent and professional manner.

We’re committed to solving problems quickly

MJM Insurance® of Fenton has unique industry relationships, allowing us to provide exclusive insurance solutions to our customers. Additionally, every staff member is trained to actively listen and provide helpful answers presented in a way in which our policy holders clearly understand.

We’re committed to earning and maintaining your trust

We believe trust is something earned by listening to our customers while providing helpful advice and support. Trust and consistent underwriting practices is what we expect from our carrier partners, and in return we owe the same level of service to you.

Insurance Savings Fenton Missouri

Insurance Savings Fenton Missouri by MJM Insurance® of Fenton  (636) 343-5000

Some things are like a light bulb coming on right in front of you.  Getting quotes from dozens of top-rated, Missouri insurance companies just makes a lot of sense.  A local agent, shopping my Fenton Missouri insurance, getting me the coverages that I need for the lowest cost!  How bright!

Let an agent with MJM Insurance® of Fenton  shop your insurance to find the best price for the coverages you need.  Save Time and Money!  For Insurance Savings Fenton Missouri, call  (636) 343-5000.

MJM Insurance® of Fenton is a full service Missouri Independent Insurance Agency representing many of Missouri’s premier personal and commercial lines insurance carriers.  We assess risks and shop for companies to find the best Fenton  Missouri Insurance coverage for the lowest price. With a combined experience of over 60 years in the insurance industry, our agents are knowledgeable and competent specializing in autohome, renters, boat, motorcycle, business automobile, workers compensation, and general liability.  For Insurance Savings Fenton Missouri, call  (636) 343-5000.

Does Home Insurance Cover Flood?

Many homeowners do not know they are at risk.

When buying a new home, typically the owners purchase insurance to cover the structure, personal items and medical in case someone is hurt on their property.  In most cases; however, the policies do not include flood damage. Standard policies do not cover damage caused by sewer backup or floods inside of your house, so you should buy a separate policy or endorsement to add the coverage to your home insurance policy.  The typical cost is approximately $40 to $50 per year.

Home Flood Insurance | MJM Insurance of Fenton

Unfortunately, we have seen new homeowners who have flood insurance with the bare minimum coverage, or their policy was limited. For example, Bob and Sue had a separate flood insurance policy in addition to their homeowners insurance. Although the area they lived in was not known for floods or near a water source (lake/ocean), they purchased the minimum coverage “just in case”.  Their policy was limited to $19,500 for damage to the house and $9,500 for the loss of its contents.  Like many people, Bob and Sue figured it was enough insurance, and didn’t see any reason to spend more than they had to on insurance coverage.

A few years later, the area that Bob and Sue lived was hit by a tropical storm and destroyed everything in the basement and garage. The water damaged all the walls, down to the wood studs.  The electrical system was destroyed along with the furnace, appliances, furniture, and stored items. The damage added up to $80,000.

Homeowners are at risk of losing all their valuables from a flood and not able to recover from a loss.  Its easy to protect yourself, and cost effective. You can buy flood coverage from MJM Insurance® of Fenton through the National Flood Insurance Program.  The maximum coverage is $250,000 for replacement value of the structure and up to $100,000 (actual cash value) for your personal possessions. The cost for flood insurance coverage in low-to-moderate-flood-risk areas may range between $414 to $1,958; averaging around $650/year.  Naturally, premiums run higher in high-risk coastal, riverside, and other areas.

If your home is subject to other perils not covered by your standard policy, including earthquakes, hurricanes, and hail, you should fill the gap with additional separate policies.  The agents at MJM Insurance® of Fenton will review your policy and ensure you are properly covered and completely protected.


Why Choose MJM Insurance® of Fenton?

We’re committed to outstanding customer service

We start by offering the best insurance products at a reasonable price. But it’s the MJM Insurance® of Fenton team that really set us apart from the competition. With combined experience of 60 years, our sales and support staff members can handle your transactions quickly and efficiently. We service each and every account using out team of insurance professionals and we’re always available to answer your questions.

We’re committed to professionalism

Our dedication to client service comes from a culture of professionalism and respect. All of our associates at MJM Insurance® of Fenton have strong credentials and all of our policies are presented to you in a consistent and professional manner.

We’re committed to solving problems quickly

MJM Insurance® of Fenton has unique industry relationships, allowing us to provide exclusive insurance solutions to our customers. Additionally, every staff member is trained to actively listen and provide helpful answers presented in a way in which our policy holders clearly understand.

We’re committed to earning and maintaining your trust

We believe trust is something earned by listening to our customers while providing helpful advice and support. Trust and consistent underwriting practices is what we expect from our carrier partners, and in return we owe the same level of service to you.