Three important factors to consider when you purchase home insurance

Getting adequate home insurance coverage is something that you need to do to protect your home’s value.

An accident could result in high costs that significantly reduce your home equity. That’s why you need to protect your home equity and your home’s value with home insurance.

We offer home insurance in Eureka, MO at Focus Insurance. The following are three critical factors to consider when you purchase home insurance. 

The location of your property

Different geographic locations face different levels of damage risk. If you live in a high-crime area or where fire damage is common, your home insurance costs are likely to be higher. 

When gauging the costs of insuring your home, you should consider the risks and research standard home insurance costs in the neighborhood where your home is located. 

The safety and security features installed in your home

You can invest in safety and security features that impact home insurance costs and coverage. 

Features such as a home security system or deadbolt locks can be important for minimizing home insurance costs. Discuss safety and security features with your home insurance provider to improve your home’s condition and reduce security costs. 

The coverage types you need and want

Other available home insurance types include liability, theft or possessions, replacement cost, and actual cash value coverage. It’s important to thoroughly research the available coverage types to know what you need and want. 

If you have questions or concerns about your home insurance coverage in Eureka, MO, feel free to contact us.

We offer numerous home insurance options at Focus Insurance to meet your needs. Call us today!

Things home insurance won’t cover

Home insurance is a very valuable type of coverage. Your home is such a significant investment, and you need to feel secure in the protection you have against a multitude of hazards. At Focus Insurance in Eureka, MO, we make sure that we provide you with the information you need to feel comfortable with the home insurance you are getting. But we also encourage you to read your policy to be aware of any exclusions. 

Earth movement

It isn’t a good thing if you feel the earth move under your feet. Earth movement is excluded from your home policy, whether a sinkhole, a landslide, or an earthquake. If it damages your home, your home insurance won’t pay to repair the damage. 

Flood

Floods are one of the most devastating natural disasters, and they are becoming more common every year. They are not covered by traditional home insurance, and you need to purchase a separate policy from the NFIP if you have even the slightest worry that your home could be damaged. 

Owner neglect

Owner neglect may be something you have never thought much about when it relates to your home. But, if you haven’t been treating your home for termites and get termites, the damage is your fault, and your home insurance won’t pay for the repairs. You need to keep your home in good repair at all times. It’s your responsibility. 

Damage due to war or nuclear hazard

These are the extremes and something that most people never even think about, but in the world we live in today, it is good to know at least what is covered and what is not. 

Contact Focus Insurance in Eureka, MO to talk to a member of our experienced team about home insurance coverage and exclusions. 

3 Home Insurance Tips for First Time Homebuyers

Buying a home can be exciting and tiring as well. There are several processes you ought to complete, one of them being getting home insurance.

Buying home insurance should be considered a necessity rather than a luxury. You don’t know about tomorrow, and as much as we hope that nothing goes wrong, sometimes things act against our hope. The best thing is to gear up and have a plan of what to do in case something unpleasant happens. Focus Insurance offers insurance plans to homeowners. If you reside in Eureka, MO, you can check out the various plans we have and protect your home against unforeseen happenings.

Below are some insurance tips for first-time homeowners.

Do Your Research

Do some research on various insurance companies and choose the best. Research more on how they handle claims, and you can also look for some information regarding their financial strength. This gives you confidence that in case of damages, they’ll compensate you without problems.

Understand Coverage Levels      

Always read the policy before committing to ensure you understand the coverage levels. This helps you decide whether you’ll be fine with a particular plan or whether you need to make additions to the premiums. Understanding coverage levels keeps you safe from getting bad surprises in the future.

Always Review the Policy

It’s important to keep on reviewing the insurance policy from time to time. For example, if you make any addition to your home, you may be required to increase your premiums to avoid being underinsured. Some additions can also lower your premiums. Reviewing the policy ensures that you don’t pay an excess.

Buying a home is one of the most costly investments you’ll ever make. You want to make sure your investment will never go to the drain by insuring it against various risks. If you are a resident of Eureka, MO, Focus Insurance offers insurance plans for homeowners, tailor-made to suit your needs. Call us to discuss more about your home insurance needs.

When should you review your home insurance policy?

There is no place like home, home is where the heart is, and home sweet home are all ways to express just how important your home is to you and your family. Protecting the investment you have made is vital to your financial security. Home insurance is not the same for everyone. Making sure that the coverage you have fits your home and your situation. At Focus Insurance in Eureka, MO, we have more than 20 years of experience providing our clients with personal service and more choices.

When you get your renewal notice for your home insurance, you will have a declaration page with it. On the declaration page is all the information about your policy. The amount of property coverage you have, the amount of liability coverage, your deductible, and any endorsement that you have. It also shows any discounts that you get. You should review this page very carefully every year and think about what you need to change or keep the same. 

If you have made any major repairs to your home, you should review your home insurance to make sure that the amount of coverage you have reflects the current value of your home. If you have replaced your roof, you should let your insurance agent know so that they can see about finding a better rate for you. 

Have you added a dog to your family? A swimming pool or a trampoline? You should consider if your liability coverage is adequate for the increased risk. 

Have you added any safety equipment? A home security system or smoke detectors connected to the fire department? Make sure your agent is aware of these additions. Is your deductible right for you? These are all things that you should consider as part of your renewal. 

Contact Focus Insurance in Eureka, MO for all of your home insurance needs. 

What to Consider When Selecting Home Insurance in Eureka MO

It’s a fact of life that when you purchase a new home, the first accessory you’ll need to go with it is good insurance. For many homebuyers, the process of finding the right policy that fits your need can be frustrating, especially if they don’t know where to turn. 

If you are purchasing home insurance for the first time, here are a few tips from the team at Focus Insurance to keep in mind.

Comparison shop. When you are looking for a policy, don’t simply settle for the first quote you receive. Instead, compare shop by getting a list of three different home insurance quotes. At the same time, make sure you’re not simply looking for the least expensive option. You need to be sure the policy you go with has the best coverage and the best value. 

Make sure the coverage is right. The most important part of the insurance policy you are selecting is that it should be the right level of coverage. There are several options for levels that cover the common perils for homes, cover condos or mobile homes, and that cover older homes. 

Understand what is not covered. There are different perils that your home could be affected by that may not be covered by an insurance policy. It’s just as important that you understand what is not covered by a policy as what is covered. Some typical causes of damage that policies don’t cover include earthquakes, nuclear hazards, and flooding. 

Look at the details. All home insurance policies typically include options for everything from liability coverage to personal property coverage to replacement costs. Educating yourself on what these options include — and don’t include — will help you select the right best insurance option for your home. 

If you are looking for home insurance in Eureka, MO and would like to learn more about the options available to you, contact Focus Insurance to speak with one of our team members. 

Common Myths About Home Insurance

Home insurance is something every homeowner needs. It protects the structure of a homeowner, the home itself, all personal belongings inside the house. Unfortunately, there are plenty of myths about this type of insurance. To help make sure that your house is properly covered, here is the list of most common myths prepared by Focus Insurance serving Eureka, MO that need to be debunked:

Myth 1: Flood Is Covered By Standard Home Insurance

Standard home insurance covers different kinds of natural disasters, including tornadoes, hurricanes, and blizzards. However, a flood is an exception. If you live in a flood-prone area and you want to make sure that your property is fully protected, you will have to get a separate flood insurance policy.

Myth 2: All Personal Belongings Are Covered

The truth is that home insurance has its limits. Even though it covers personal belongings, it may not cover all of them. Therefore, if you have expensive and valuable items in the house, you should get an additional policy to protect them. 

Myth 3: Renters Are Covered By the Policy of Their Landlord

If you rent an apartment and it is destroyed by fire or gets hit by thieves, the landlord’s policy will not cover all damages and losses. Personal belongings will not be covered either. Therefore, if you are a renter, it is important to have renters insurance. Unfortunately, according to the statistics, only about 18% of renters have it. 

Home insurance is the most important type of insurance that every homeowner should have. Even though homeowners’ insurance is not required by law in Missouri, most lenders will require you to purchase it. Now you know the most common myths about it and will be able to find a perfect policy. If you need help or you want to know more about home insurance, do not hesitate to contact Focus Insurance serving Eureka, MO – our insurance agents are here for you. 

What is included with a home insurance policy?

Having proper insurance protection is extremely important. One asset that you need to make sure is properly covered by insurance is your home. For those that own a home in the Eureka, MO area, a great way to protect property is with home insurance. This type of insurance will provide you with a variety of different forms of coverage and protection

Coverage for Dwelling

One important component of your home insurance policy is coverage for your dwelling. Repairing or rebuilding a home after a fire or bad weather could be very expensive and stressful. When you have a home insurance policy, you are going to receive the coverage and protection you need to repair or rebuild your home.

Coverage for Personal Assets

With home insurance, you will also receive coverage for your personal assets. Anyone will have a considerable amount invested in electronics, furniture, and other personal assets that could be lost if there is ever significant damage. When you have home insurance, you will have a component of your policy that will cover your personal belongings. If you have any expensive items, which could include art, jewelry or collectibles, you should consider getting an additional rider to your home insurance policy to ensure they are properly covered. 

Anyone that is in Eureka, MO and has purchased their own home needs to make sure they get the right insurance in place. When you are looking for home insurance here, you should call the team at Focus Insurance. If you do call the team at Focus Insurance, you can learn a lot more about your needs and options. This will help to ensure that you are able to build and choose a policy that will offer you the right protection and coverage for your situation. 

Is getting a home insurance policy in Missouri a good idea?

Owning a home in the Eureka, MO area is a great long-term option. When you own your own property, you will have a consistent place to live and can take advantage of the long-term benefits that come with owning property instead of renting. If you are going to purchase a home in the Eureka area, you should carefully consider your insurance needs. There are several reasons why getting a home insurance policy is a good idea.

Provides Valuable Coverage

One of the main reasons to get a home insurance policy is that it can provide you with very valuable coverage. If you own a property, you will have a major asset that needs to be protected. With a home insurance policy, you will get coverage for your valuable assets, including your dwelling and personal belongings. You can also get a liability insurance policy to protect against this risk.

Ensures Compliance

Another reason why it is a good idea to get a home insurance policy is that it can ensure compliance. There are several situations when having this insurance coverage is a requirement. Those that live in an association or have a mortgage will likely have mortgage requirements. If you do have this insurance coverage in place, you will stay in compliance with your lender and home association. 

As you are shopping for home insurance in the Eureka, MO area, you should call the team at Focus Insurance. When you reach out to the team at Focus Insurance, you can learn a lot more about how home insurance can protect you and your valuable assets. The team here will also help to provide you with the guidance and support you need to pick a policy that is right for your situation. 

Why do I need a home inventory

The simple answer to the question "Why do I need a home inventory" is that unless you have a flawless memory, the chances are that if a catastrophic event happens to your home, you are not going to remember everything that you owned. Think about the pictures you have seen of tornado victims with their possessions strewn across two counties. You may get an idea of why a home inventory may be a good idea. At Focus Insurance in Eureka, MO, we will be happy to give you ideas about the hows and whys of a home inventory. 

There are so many bad things that can happen. If your whole house is consumed by fire, including your photographs and records, how are you going to prove to the insurance company what you had in your home before the fire? You want to make sure that you collect as much as possible to be able to replace your precious possession. Try doing it right now. Think about everything you have. For example, in your kitchen, write it down just for fun. Now go into your kitchen and write down precisely what is in there. If you are like most people, you missed a lot of things. Your home inventory can also help you when filing taxes after a disaster. 

When it comes to purchasing your home insurance, to make sure that your contents coverage is correct, you need to know what you have and what the value is. The home inventory will help you when talking to your insurer to make sure that you get adequate coverage. 

At Focus Insurance in Eureka, MO, we have years of experience helping our customers get the coverage they need. Stop by our office or give us a call to set up an appointment for a no-obligation quote. 

Important tips for protecting your home while you are away.

The holidays are around the corner. Most of us will be leaving our homes for vacations outside of Eureka, MO or across the border. That means our homes are left vulnerable to elements and burglars.

At Focus Insurance, we recommend planning and taking a few precautions to tighten security. This will help you have peace of mind while you enjoy your vacation.

Here are a few tips to help you protect your home.

Install a smart security system

With today’s modern technology, it is possible to tell who is entering your house without physically being there. Smart home security systems can either detect motion or take snapshots of the intruder. Depending on your needs, you may want to purchase a system that sends you signals of the status of your home straight to your smartphone.

Invest in smart lights

If a security system doesn’t fit in your budget, smart lamps, switch, or plugs can help you achieve a great deal of security. When installed, smart lights can keep your home lively and trick intruders that you are home. You can turn them on and off through your phone from wherever you are.

Install strong locks

Sometimes technology fails. Having sturdy doors and locks means that burglars will have a difficult time trying to unlock your door. Durable doors also protect your home from elements, insects, and animals.

Purchase home insurance

Lastly, you need a home insurance policy. Home insurance is a guaranteed way of safeguarding your home if the worse comes to the worst. If your home was broken into, your insurer could replace the broken or stolen items.

Your home is the most valuable asset. Protecting it should be your biggest priority. If you need more information regarding security or insurance, call or visit us at Focus Insurance in Eureka, MO today.