Category: Homeowners

Protecting your financial future shouldn’t feel like a burden. That’s why myself and the team at Tri-State Insurance Group in Evansville, Indiana create smart policies tailored to each individual. The risk your home presents is molded by where you are in your life’s journey. This post will cover some of details to help you make a better decision on a new homeowners insurance policy.

Your home is more than walls and a roof – it’s memories, safety, and dreams. Insurance ensures you never lose more than just things.

And those things are replaceable with the right coverage. But you will most likely have more things to protect the older you get, starting a family, earning more in your career, paying for college, the list goes on. That’s why a homeowners policy for a home, doesn’t just go with the dwelling, a homeowners insurance policy should cover the things that matter to you.

That’s why most major homeowner insurance companies recommend reviewing your policy every single year. Since covid, this is probably more important. We have seen home values increase in value faster than in years past. If your insurance hasn’t been reviewed for the past 5 years, its possible you don’t have enough coverage. A home that cost $170,000 to purchase 5 years ago, might take $300,000 to rebuild at todays prices. A smart policy will get reviewed and updated if required every year.

How about liabilities? Fresh out of college you don’t have a lot to protect, yet. However, down the line as your wealth grows and you accumulate stuff, the cost to replace and protect all those items increases. Yet another reason to keep that policy updated and have the backing to cover those unexpected exposures.

None of the increases in coverage and homeowner insurance policy reviews matter if it’s not affordable. We know it has to make financial sense, which I take the time to ask the questions, review options, and shop carriers that are interested in your business. Along the way I can help look out for the pitfalls and gaps that would make a bad experience worse.

Give me a call, Chris Davidson at 812-475-9595 extension 113 to get started. If I’m your agent, you know the policy is on the house!

If you own a home in Evansville, you should have earthquake coverage. Adding an earthquake endorsement to a homeowners policy is inexpensive and a great way to manage the risks of living in Southern Indiana.

Your home is not covered in case of an earthquake, unless it specifically states it on your policy.

When choosing Earthquake coverage, it’s important to understand what the costs are. Like most insurance policies, it’s not just the up front premium, but also the deductible that can make a difference. The team at Tri-State Insurance Group offer earthquake insurance with deductibles as low as 2.5%, one of the lowest deductibles in the nation. Most earthquake deductibles range from 5%-25%.

We don’t have frequent earthquakes in southern Indiana, but we do live in the danger zone. Evansville is located at the northern edge of the New Madrid Fault Line, which is responsible for the largest earthquake in North America. Be prepared, cover the risk, and get Earthquake insurance today.