Three Tips for First Time Homeowners

If you’ve just purchased your first home, you are likely in the same position as the vast majority of buyers – asset rich and cash poor. After having just plopped down a sum of money for your down payment, the last thing that you are going to want to do is spend more money on furniture, repairs, and home improvements. Let’s talk about our budget-savvy tips for first time home buyers.

Furniture Shop Smartly

It can be easy to want to furnish your entire house after just purchasing it. What’s more fun than decorating a spare bedroom with your favorite sports decor or planning that future nursery, but the reality is if you don’t need to use the space on day one, you don’t need to furnish it immediately. Start by just furnishing the rooms of the house that you’ll use every day – your bedroom, the living room, the kitchen, and maybe a kid’s room if needed. For the rest of the home, take a pause and wait because your needs, tastes, and desires may change by the time you are ready to use that space.

Save, Save, Save!

Even if you’ve bought a new construction home, unexpected repairs are going to happen. Start a home improvement savings fund or an account for general maintenance so that when the water heater fails, or you decide you want a patio, you’ll have the funds available to save. The last thing you want to do is be caught flat-footed when you need to make an expensive purchase.

Don’t Forget Homeowners Insurance

The vast majority of mortgages require homeowners to have insurance, but the coverage limits are often left to the policy holder’s discretion. If you are in the Connecticut area, it can be tempting to skimp on liability coverage or loss of use to save a few dollars, but that peace of mind will pay dividends if you ever have a major issue. Give Koverage Insurance Group in Enfield, CT a call to learn about how we can help you.

Why Do I Need A Home Inventory

The Glastonbury and Enfield, CT area is a great place to own a home, but it is not free from life’s risks. Your home is your castle, and you have home insurance to protect that castle from all the hazards that the world can throw at it. When your home is damaged or destroyed by a covered hazard, a claim with your insurance carrier will be in your near future. Filing a claim is never easy—lots of paperwork and answering questions. With a local insurance agency, you get the help to handle these claims. At Koverage Insurance Group, we are here to help our customers, and talking to them about making a home inventory is of key importance. 

A home inventory is a detailed listing of all the personal property that you have in your home. These days, you can start with a digital record of all the things in your home. You should go to each room and take pictures or videos highlighting the items of the highest value. Don’t forget to go into closets, the basement and attic, garage and any outbuildings. If you would rather create a list, that works as well. Make sure to list brand names and serial numbers, if possible, on electronics and appliances. If you have a sales slip, this should be kept with the inventory in a safe place, preferably away from your home. Having an inventory will make collecting on your claim much more manageable. 

If you are a first-time homeowner looking for home insurance or in the market for a change of agents, Koverage Insurance Group in Enfield, CT would love to talk to you. You can use our online rating tool to provide a quote on home or auto insurance, or you can stop by or call our office to discuss your home insurance needs with one of our experienced team members. 

How Home Insurance Can Protect You From Premise Liability Lawsuits

Someone slips and falls in your home, or you or someone living in the home unintentionally causes bodily harm or property damage to someone or their property. These events could result in financial loss due to medical bills or replacement costs for damaged items. Ask your Koverage Insurance Group agent to help you protect your Enfield, CT business with home insurance and prevent these incidents.

What Is Liability Insurance for Your Home?

Liability insurance is part of your home insurance policy. It covers damages caused by people on your policy. The liability portion of your coverage also includes the cost of a lawsuit if the incident results in a lawsuit. This is helpful if a judgment forces you to pay for medical bills, property damage, and other costs related to the covered peril. 

Types of Coverage

There are two main types of coverage, bodily injury, and property damage.

Bodily injury is a kind of liability insurance. It pays expenses related to someone who is hurt on your property. This could include someone slipping on the icy sidewalk outside your home. Bodily injury liability and medical payments cover medical costs associated with a covered peril. Medical payments take care of necessary medical expenses for non-residents injured in or around your home.

This coverage typically includes the following:

  • Medical and surgical expenses
  • Ambulance
  • Dental work
  • X-rays
  • Hospital costs
  • Prosthetics
  • Professional nursing
  • Funeral services

Property damage is another part of your home insurance liability coverage. This covers damage to someone’s property. It would cover your expenses if your child threw a baseball through a window or damaged an expensive vase.

Koverage Insurance Group can help you protect your Enfield, CT home. Call today to book an appointment and get a free quote for home insurance, including premises liability.

5 Ways to Prepare Your Home for Fall

With fall soon approaching, now’s a good time to start preparing your home for the change of seasons. The longer you put home projects off, the greater your chances of getting caught off guard when cold weather hits in earnest. Here are a few ideas from Koverage Insurance Group on how to prepare your Enfield, CT home for the cooler temperatures of fall.

Clear Out Your Gutters

Clean your home’s gutters of dirt and debris that can keep rainwater from draining freely. Clogged gutters can cause water to amass on your roof and eventually leak into your home.

Service Your Heating System

Schedule an appointment to have your heating system serviced before cold weather arrives. Clean your filters and vents and make sure airflow isn’t impeded by carpets, curtains or furniture. If your home has a fireplace, make sure it’s clean and ready for use. For safety’s sake, your chimney should be cleaned and inspected by a professional before using.

Seal Cracks in Windows and Doors

As winters can be freezing in Connecticut, take time now to seal cracks in windows and doors to eliminate drafts, keep warm air in and save money on heating costs.

Empty Hoses and Outdoor Faucets

Disconnect and store away outdoor hoses before temperatures drop. Run faucets and sprinkler system to drain all water and then turn off the water supply. This will prevent pipes from bursting when temperatures plunge.

Update Your Home Insurance

Review your home insurance coverage to ensure you have the dwelling, property and liability protection you need. This is especially important if you’re expecting visitors for the holidays. The right coverage will protect you against unexpected disasters or accidents that may occur on your property.

To upgrade your home insurance coverage, call or visit your Koverage Insurance Group agent in Enfield, CT today.

What Type of Home Security System Is Best?

Home security systems can be very basic or extremely sophisticated. When it comes to choosing the type that’s best for your needs, you will have to decide how much effort you want to put into the installation and monitoring the system. Residents who live in the Enfield, CT area can talk to the agents of Koverage Insurance Group to find out how a home security system can help to protect your home and family. 

Self-Monitoring Systems

Self-monitoring systems like SimpliSafe Arlo and Nest are easy to install and can be self-monitored. If you want to install the system yourself but prefer professional monitoring by a third-party call center, that option is available to you. With self-monitoring systems, you can add other devices to your system as desired without having to call a professional technician to install them.

Advanced or Professionally Monitored Systems

Advanced, professionally monitored systems like ADT, Frontpoint, and Brinks offer state of the art technology that includes environmental hazard detection and full home automation. With home automation, you can literally control almost any device remotely by using a downloadable app on your phone or tablet. You can even control your thermostat and door locks. Advanced systems normally require professional installation and can be hardwired directly into your home’s electrical system.

In Enfield, CT, the agents of Koverage Insurance Group can help you determine which type of home security system will fit your lifestyle. They can also recommend a security system for your business. No matter what type of system you choose, the agents are always available to answer your questions. Call and schedule an appointment today to talk to a reputable agent today!!

Does your Connecticut home insurance policy have the coverage that you may need this Winter?

2019 is off to a brutal start, and it does not appear that the winter weather is going to let up any time soon. If you are in the greater Enfield, CT area and would like to review your current homeowner’s policy for completeness, the team at Koverage Insurance Group is here to help. Cold and wet weather can cause all kinds of damage to your home, from roof leaks to frozen types. Don’t wait until it’s too late to find out that your current policy doesn’t provide the protection you need.

Comprehensive home insurance options in Connecticut

Cabin fever is just the start of the fallout that winter weather can cause in the New England area and the northern part of the country. Cold temperatures can cause frozen pipes and icy sidewalks and driveways. While snow can cause damage to your roof due to its excess weight. Many homeowners neglect to consider a review of their liability coverage when inclement weather comes to town. Slips and falls can become more prevalent when there is ice and snow on pathways, and if an injury occurs on your property, you may be held responsible for any damages or injuries. When you have the comprehensive home insurance policy that provides you with the correct level of protection, you can rest assured that you will be covered no matter what this winter may bring! Make sure you have the right policy at the correct level today.

Don’t find out that your homeowner’s coverage is incomplete AFTER your house is damaged; make sure that you have the coverage that you need! If you are in the greater Enfield, CT area, call or stop by the Koverage Insurance Group today to learn more.