One of the highlights of a dwelling fire insurance policy is coverage for fire, both inside and outside the property. In most cases, the policy covers fire and a few other emergency disasters – not flood or significant hurricane, damage, but this does vary a bit from region to region. Also, fire damage may not be covered for certain purposes (electric wiring, for example), and other limitations may apply as well. If possible, dwelling fire insurance helps cover losses caused by damaged, collapsed, or destroyed property, and in most cases, the policy limits for fire, smoke, and water damage in Cincinnati, OH are determined on the premises of the property. 

In the event the policyholder is unable to cover any losses, the policyholder is required to file a claim with their insurer. Regardless of the property’s value, the policyholder’s uninsured loss coverage limit applies. If the policyholder’s uninsured loss coverage is not depleted during the insured loss period, all losses are covered under the policyholder’s own deductible. 

Does a dwelling fire insurance policy cover every cause of the insured loss? Contrary to what you might think, dwelling fire policies are not designed to protect against all of the issues related to loss in the home caused by fire. Claims must be investigated and filed in order to protect policyholders. These policies are loosely based on the premise that you are entitled to an adequate level of damages without having to exhaust the other coverage available to you. This is in line with a standard home insurance policy, however, it is a nuanced variation that expands on many of the other coverage options available in standard policies.

Dwelling fire insurance is usually not able to provide protection against losses caused by earthquakes and some other natural calamities, but they do typically provide some protection from hurricane and wind damage. To be sure about what is covered and what is not specific exclusions, and the like, you should check with your local Advantage Insurance Network agent serving Cincinnati, OH to help you decide on the policy that is best for you.

The agents of Advantage Insurance Network understand Cincinnati, OH residents’ concerns when it comes to having the right amount of homeowners’ insurance to protect their possessions. While most of your possessions will be covered in general, you may have specific items that are significantly more valuable than the others. In this case, those items may need to be insured separately so that you are fully compensated for their loss if they are damaged or stolen.

A Complete Video and Written Inventory of Your Possessions

It’s essential for you to know what you have so that you can be fully covered by your homeowner’s policy. Providing your insurance agent with a complete written inventory of your possessions is the best way to accomplish this. A video is also beneficial because you can record all of the vital numbers associated with each item. The agent will also be able to see each item’s condition and will be able to attach a replacement value so that everything is properly covered.

Antiques, Collectibles, and Other Valuables

Antiques, collectibles, and other valuables like jewelry and family keepsakes, may hold substantial value over and above their general replacement cost. Insuring these items separately will take into account their additional value and provide additional compensation if they are ever lost, damaged, or stolen. In situations like this, it is important that you have each item appraised so that you know its actual value before contacting your insurance agent.

In Cincinnati, OH, the reputable agents of Advantage Insurance Network can help you determine what possessions can be insured under your traditional homeowner’s policy and which ones need to be insured separately. Call or visit their office today so that you can get the insurance coverage you need to feel adequately protected.

Property owners may choose condos for any number of reasons. Maybe they don’t want to be responsible for yard upkeep or maybe they just don’t need all the extra space that a home could bring. Maybe they want to rent out the property to generate a secured monthly income. But whatever the reason it is that you chose a condo in Cincinnati, OH, you’ll want to look into how condo insurance works for your property and how it can work for you. 

Building Coverage Vs. Condo Coverage 

When you own a condo, you don’t usually own the larger building. So if your condo association has its own coverage, you may assume that you don’t really need condo insurance at all. But the insurance policy owned by the complex may only cover the structure, common areas, and general liability. So if someone breaks into the lobby and steals the TV, their insurance policy will pay for it. But if someone breaks into your condo and steals your TV, you won’t get that same luxury.  

How to Make It Work for You 

Condo insurance will cover not only your things but also events in which you may be deemed liable for the damages. If a guest comes over and trips on an unsecured part of the rug, you could be responsible for paying all of their medical costs. It’s a responsible way to keep not just your things protected from storms, criminals, and fire, but it’s also a good way to avoid potentially costly lawsuits. 

Call Advantage Insurance Network 

If you want to learn more about the policies available in Cincinnati, OH, contact Advantage Insurance Network today. We’re here to help you understand which options are best for your needs and property. 

Though dwelling fire insurance is often compared to class home insurance, these types of policies are different. Dwelling fire insurance is coverage for properties that are not considered the owners’ primary residence. Besides fire, it also covers hail, lightning, wind, vandalism, and other losses. In order to understand this type of insurance better, you need to know who dwelling fire insurance is for:

• Owners of vacation properties

 If you have a secondary residence where you do not keep all your expensive and precious possessions, then it makes sense to get dwelling fire insurance for this property instead of traditional home coverage. 

• Rental properties owners

Whether you have the second house that you rent to someone else, or you are an owner of 30 other rental properties throughout the country, dwelling fire insurance is what your tenants need. This policy will still protect the property itself without the contents inside it. In order to protect their own possessions, tenants will have to carry rental insurance. 

• Homeowners who are not qualified for home insurance

 If a homeowner has a low credit score, or the property is in poor condition and has past claims, then classic home insurance might be unavailable. In this case, the best option will be to get Owner Occupied Dwelling Fire Insurance. 

Whether you are looking for insurance for your vacation house or rental property, Advantage Insurance Network serving Cincinnati, OH is dedicated to assisting you in your search. The mission of trusting and experienced agents of Advantage Insurance Network is to find the best rates for you based on your budget and needs. If you are a property owner from Cincinnati, OH, do not hesitate to give us a call today for more information. 

When most people think of their home, they think of their family. You should also think of it as an investment. Maintaining your home’s value is important and should be one of your biggest concerns when it comes to home insurance. In Cincinnati, OH, the agents of Advantage Insurance Network understand that many homeowners put their life savings into their property.  There are several things you can do to help your home maintain its overall value.

Maintain Your Yard

Keep your yard looking nice. This adds to your home’s "curb appeal" and also reduces the risk of injury to anyone who may come onto your property. Keep your grass at a convenient height, remove any weeds or debris, and keep your landscaping looking its best at all times.

Keep Up on Home Maintenance and Repairs

Keep up on all of your home maintenance and repairs. This includes changing your furnace filters and inspecting your home on a regular basis. Check your roof to ensure there are no loose shingles. Repair any cracks to your sidewalks or cement patio. If you see something that needs to be fixed, make the repairs as soon as possible. 

Add a Privacy Fence

Putting up a privacy fence is a great way to keep your home looking its best and also to protect your family and property from unwanted intruders.

The agents of Advantage Insurance Network offer residents who live in the Cincinnati, OH area sound advice when it comes to keeping their property well maintained. They can offer several recommendations on how you can help your home maintain its value through the years. Call and request the information you’re looking for today!

If you are not properly insured in your home against flood damages, a flood could wipe out everything you own. Unfortunately, flood insurance is not included as a standard type of coverage in typical homeowner’s insurance policies, so it needs to be bought separately. 

Those who are in the process of buying flood insurance need to avoid a few severe mistakes to make sure that their property is adequately and efficiently protected against flood damages.

Being unaware of flood probabilities for your property

In order to determine the importance of flood insurance and how much coverage you need, you should be aware of how likely it is that you will experience a flood at your property. 

You can get some help in figuring out your flood risk by using flood zone maps. Learn how to read these maps. The higher your flood risk is, the lower you’ll want your deductible to be and the more coverage you’ll want.

You can also gauge your flood risk by discussing it with neighbors in your community.

Being unaware of the National Flood Insurance Program

If you live in an area where flooding is likely, you may be able to purchase a lower-cost flood insurance policy with the help of the National Flood Insurance Program. This program offers government-subsidized flood insurance coverage for homeowners who are located in high-risk areas. 

Overlooking important coverage types

You need your flood insurance to cover both repair/replacement costs and clean-up costs. You should be aware of the fact that clean-up costs can be among the largest expenses when it comes to flood damage, so check your clean-up cost coverage amounts and make sure they’re high enough. 

Contact us at Advantage Insurance Network if you are a homeowner in Cincinnati, OH who is in need of flood insurance coverage. We’ll be happy to answer your questions or make insurance recommendations for your household. 

There are a number of threats that could compromise the safety of your Cincinnati, OH home. A customized insurance policy from Advantage Insurance Network is the best way to protect your property from the most likely problems. Dwelling fire insurance is a policy that pays out funds for damages done to the structure of your buildings. What exactly does this coverage provide?

• Dwelling fire insurance concentrates on the dwelling itself. That means the walls, foundations, flooring, and other elements that are essential to the structural integrity of the unit. It may or may not include plumbing, electrical wiring, or other utility assets.
• Dwelling fire insurance typically does not cover personal belongings or items that are stored in the damaged building. For this reason, dwelling insurance is not recommended for those who are currently living on the insured property.
• These policies can be expanded to cover other potential problems like smoke, explosions, and weather-related damage. Like most policies, only the perils specifically named in the contract are covered. Talk to an insurance agent to ensure all of your concerns are met.
• Due to the lack of coverage on items that are stored in and on the property, dwelling fire insurance doesn’t make a good primary protection policy for residence. However, landlords and those with vacant properties can protect their financial interests with these policies. Any renters on the property should be encouraged to buy their own renter’s insurance policies.

Is dwelling fire insurance the solution for your Cincinnati, OH property? Contact the agents at Advantage Insurance Network for a personalized assessment of your insurance needs.

Protecting your home with sufficient homeowner’s insurance is crucial to your home investment. Your homeowner insurance needs will change over time. This is especially true if you have recently completed a renovation on your home. The folks at Advantage Insurance Network strive to make sure your family has the best insurance coverage possible. Keep reading to learn why you should update your homeowner’s coverage after a renovation in Cincinnati, OH and surrounding areas. 

Increased Value

After a home renovation, your home’s value could possibly change. This will affect the types and amounts of coverage you will need. The renovation you have just completed was an investment into your home, and your homeowner’s policy is a way to protect that investment. 

The Size of Your Home Has Increased

Sometimes a renovation will expand the size of your home. If this is the case, then it is imperative that you update your insurance policy to reflect the new dimensions of your home. 

Your Home Now Has New Features

If your renovations added new features to your home, such as extra bathrooms, a swimming pool or other features, you will want to understand how this can affect your homeowner’s insurance. The best way to find out what changes need to be made to your policy is to speak with a trained insurance specialist at Advantage Insurance network. 

If your home is not adequately insured after your renovation, you could find yourself insufficiently covered in the event of damage. The best way to protect your new investment is to update your policy after speaking with a specialist. The Advantage Insurance Network is now serving the Cincinnati, OH area as well as surrounding areas. We would love to help you with your homeowner’s insurance questions today. Please give us a call. 

When you are looking for insurance coverage for your Cincinnati, OH area home, you may not be sure exactly what you should be asking for. You also may not be completely sure what you are getting when you purchase a particular type of policy. That is where Advantage Insurance Network can help. Having a trusted company to work with makes a difference, and can get you on the right track to having a proper policy. But what is really covered by dwelling fire insurance? Here is what you need to know.

Dwelling Fire Insurance Covers Serious Property Damage

Issues like fires, some types of vandalism, certain types of explosions, and more could be covered by a fire insurance policy. It depends on exactly what type of policy you purchase, as some policies will specifically include or exclude certain things. If you have certain issues that you want to be covered for your Cincinnati, OH home, you will want to ask about those when you get your policy. That way you can be sure the insurance coverage you get protects you from everything that you are concerned about with your home.

Working With a Trusted Agent Means Getting Quality Coverage

If you really want to get quality dwelling fire insurance that meets your needs, contact us today at Advantage Insurance Network. We can offer you everything you need in order to choose a policy that works for you. Talking to a professional about your insurance needs is the first step toward getting coverage that gives you peace of mind. We want to be the agency that offers that to you, and we will be happy to answer all your insurance questions. Let us show you quotes and options, so you can choose a policy and make an informed decision.

Buying a new home can be a satisfying adventure. When you finally find the one that you have been looking for, you’ll want to feel safe. Purchasing a security system is the first step in making sure your family is protected from outside dangers, such as burglaries, fires, or even carbon monoxide poisoning. The Advantage Insurance Network independent agents in Cincinnati, OH can help you decide which security systems is right for you and which will help lower your insurance rates.

Types of Home Security Systems

The most basic type of alarm system is called a local alarm. It is not monitored. If someone breaks into your home, there is no monitoring system that will notify the authorities. The second type of system is a wired system. This type includes a monitoring company who continuously monitors your system. When one of the alarms are tripped, the company will contact you and then emergency personnel if you need help.

Upgrading to a Smart Home

If you decide to upgrade to smart home security, you will need to find a home security company that offers options for smart home security. A smart home system can be local or unmonitored as well as monitored. The system that you choose will depend on your home’s needs. Security systems usually include a security panel and sensors for your doors and windows. If you’re adding smart security to your home security solutions it can come with live security feeds through your smartphone, smoke, and carbon monoxide detection, and keyless entry for your house and garage doors. You can also include smart lights in your plan.

Stop by Advantage Insurance Network where the independent insurance agents in Cincinnati, OH can offer you information about securing homeowners insurance.