Decisions for Homeowners: Which Insurance? | Business

Buying a home is an important investment. Some people save for years and years before finally pursuing their dream of being a home owner. Therefore, it’s extremely important to properly protect your home.

Purchasing homeowners insurance can be somewhat confusing and stressful, but there are some basic guidelines that can help you in your decision-making process. Following are some examples:

• Although the choice is yours, we recommend that you purchase an amount of coverage at least equal to the estimated replacement cost of your home. By determining the estimated replacement cost of your home, you will be able to see exactly what policy options are available to you. Please keep in mind that you will never be able to predict the exact cost of replacement of your home. Therefore, an important guideline would be to have enough coverage to account for any unforeseen circumstances.

• Not only do you want to make sure you have enough insurance coverage for your house, but insuring your personal property is just as important. In order to do this, you should prepare a detailed list of all your personal property and its value. Keep any receipts for valuable items and when possible, take pictures of your valuables. This will provide the insurance company the necessary information when making a claim.

The G-N Agency, located at 1008 Union Road in West Seneca, specializes in insuring homeowners and motorists throughout the Western New York region. For more helpful information or to request a homeowners insurance or auto insurance quote, please visit  www.gnagency.com, call Harry Norton at 675-5700 or email him at harry@gnagency.com.