William's Blog...with a smile!

head_left_image

Insurance is not all the same...

Many a home owner that is trying to save a couple of bucks will find out the first time they file a claim.

A cheap insurance may not cover repairs 100%.

Many companies will "Pro-Rate" an issue.  

Roofing for one.  A new roof is worth "X" dollars.  They may look at the life of a roof being say 20 years.

If it is 10 years old, you get paid only 50% if the replacement value.

This is very true on many issues.

I am all for saving money, but, I had replacement cost on my policy...when a fire destroyed a shed, Everything got replace new.

 

For about $100 we didn't have to put out any money to replace our property.

Cheap is not always thrifty.

Comment balloon 6 commentsWilliam Feela • August 30 2016 07:30PM
Insurance is not all the same…
share
Many a home owner that is trying to save a couple of bucks will find out the first time they file a claim. A cheap insurance may not cover repairs 100%. Many companies will "Pro-Rate" an issue. Roofing for one. A new roof is worth "… more
Baseballl season is on it's home streatch.
share
There is about 30 games and then the playoffs. Our Fantasy teams are still fighting. Tinkers2Evers2Chance stayed in first place since the last update, but Grand Theft Votto has over taken Brewster9. So this is how things stand. Point… more
Are able to speak in public?
share
This is a very hard thing to do for many. Even when they know everyone just standing up to take can be very hard. I for one am not held hostage to this. I read a quote one time and it went like this… The Greatest prison people live in is the… more
Wish or work
share
It is the dilemma of our times. People want stuff but they don't want the hassle to acquire it. Everything can['t be handed to you an a silver platter. So the statement still remains in our time. as… You don't always get what you wish for, YOU… more
Today we laid dad to rest…
share
I was a long 5 days after his death. But waiting for out of state people to make arrangements is why it was extended out a couple days. Again, my family what to thank all who offered up their prayers for our dad and family Thank You very much And… more
Dropping the price isn't always the answer.
share
It seems to be a consensus that the only way to sell a listing that has not sold is drop the price. But it isn't always about price. There are many other issue that can influence the sale. Condition of the home. Location of the home Lot size Taxes… more
Thank You for the Prayers…
share
This blog is from my Mom. WE lost dad this afternoon. He battled for years with his condition and was not happy. When he had a stroke a few days ago and he could not swallow, and didn't recognize anyone WE made the decision to let him pass with… more
Why are you pointing out the bad stuff?
share
This question was posed to me by a new client. "Why are you showing me the bad things here? " Because it is my job "Well the other agents that I was with never did that. " Well, I am not other agents. I replied. When I… more
Hunting seasons will be opening.
share
Minnesota hunting seasons are just around the corner. If you are looking for good hunting land for this year do it NOW!!! I am selling my personal property that has been managed for trophy Whitetail. 129 acres Some high ground some low and… more
The incoming storm…
share
While at the condo in Orange Beach, Al. this storm cloud was rolling in. I check the radar and it was coming right for us. As it neared the shore, it started to back out again. Then i started back towards us and just as it hit the shore it took a 90… more