Chances are many things have changed since you originally purchased your home insurance policy. Some of those changes will affect the coverage of your home. It is always a good idea to review your coverage from time to time to make sure it still offers the amount of protection you require. If you live in Plymouth. MN you can count on Prokop Insurance Services Inc. to provide the experience and information you need to make an informed decision about your home insurance.
Your policy probably renews every year. For most people, this is the easiest time to review your home insurance policy. The front page is the declaration page. It is a snapshot of your policy. It tells you all the key coverage and the amount that you are covered for. It will never be easier to decide if they reflect the value of your home and what you own right now. If you have increased your assets, taking a good look at your liability coverage is important.
If you have done a major renovation, it increases the value of your home. Especially if it has added square footage, you need to make sure your insurance agent checks the replacement value. New kitchens and bathrooms or finishing a basement or attic are good examples.
If you have added a new pet, pool, or trampoline, you may need to increase your liability coverage since all of these things increase your risk.
Some things you do to your home may lower your premium. If you have replaced your roof, added a wired smoke detector system, or a home security system, it is important that you pass this information to your independent insurance agent.
Contact Prokop Insurance Services Inc. in Plymouth. MN when you need to review your current home insurance or get a new policy.
Do you own your own business or do you rent out the property to businesses? You must be familiar with commercial insurance. Whether you already know what commercial insurance you want or need or you are still considering your options, Prokop Insurance Services Inc. in Plymouth, MN offers quotes from several providers to ensure you pick the right insurance for your business.
Types of Commercial Insurance
If you own a business, depending on the size, you will find there are a lot of different commercial insurance options for you and your business. There is commercial property insurance, commercial car insurance, business liability insurance, you name it.
When you get any type of insurance, but especially commercial insurance, you should always read in-depth whether your insurance covers everything you need or if you require additional insurance or add ons.
Having the Wrong Type of Insurance
Not having the right insurance for your business can lead to difficult situations. For example, you own a small shop and you have commercial property insurance. If your commercial property insurance does not include liability insurance and someone trips inside of your shop, you might have to pay a potential lawsuit out of your own pocket.
We at Prokop Insurance Services Inc. in Plymouth, MN want to help you avoid any extra uninsured costs. If you give us a call today, we can look into your business’s needs and determine what commercial insurance is relevant for you. Our agents will walk you through this every step of the way and will give you several options to choose from. Call Prokop Insurance Services Inc. today.
You likely already own home insurance for your house. But did you know that regularly reviewing your home insurance can have huge benefits for you and your home? We will explain why below.
Prokop Insurance Services inc. in Plymouth, MN offers several quotes for home insurance to help you review whether your current home insurance is right for you. Our agents have a ton of experience and will ensure you pick the right insurance for you.
Reason to Review
Many homeowners do not realize that their home insurance might decrease in value over time or that they should review their insurance from time to time. Some logical reasons for this include:
- Purchases you made for your home since you first got your home insurance. When you buy valuable items for your home, the value of your insurance might not match up with the value of the items in your home. This means that only your items up until a certain value will be covered. This can cause issues. For example, in case of a fire, flooding, or burglaries, only your items up until a certain value will be covered.
- Home insurance does not automatically cover you for everything. For example, water damage or flooding is often not included unless specifically added on. You should discuss with one of our agents what it is you think you need, and they can ensure you include this and advise you on what other things to take into consideration. They’ll look at things like your neighborhood, your valuable items, and your general household needs.
If you are ready to review your home insurance today, contact Prokop Insurance Services Inc. in Plymouth, MN.