Homes are not all created equally and as such each home requires a unique policy that caters to every nuance. As our homes age they become more and more likely to experience damage and other issues, does this mean we need larger policies for older homes? If you live in the Little Falls, MN area the agents with Hanneken Insurance Agency Inc. can help answer this question in great detail.
For starters, older homes are built with materials that might not be considered fire safe or fire resistant, this makes them more susceptible to fire. Another issue is that older homes are more likely to withstand in natural events like ice storms, wind storms, and even normal thunderstorms or seasonal storms. Older homes are also going to cost far more to rebuild in this day and age than they did when they were first built.
In summation, older homes are likely going to need a larger policy than you might imagine but that does not mean that they are going to need a larger policy than a new state of the art home that was just built. Rather, it means that your home is going to need very specific coverage based entirely on the home that you have. You should take the time to have an adjuster come to your home and tell you just what your home needs in terms of coverage.
Adjusters are able to tell you your home’s weak points as well as tell you how much it would cost to build the same home back in this day and age. For those that live in the Little Falls, MN area, the agents with Hanneken Insurance Agency Inc. can help you find the perfect coverage each and every time.