One Size Does Not Fit All 

      It's just a fact of life that people like choices.  One size does not fit all, and the same is true concerning homeowner's insurance policies.  Perhaps you've decided that you've outgrown the starter home you currently occupy.  You've just found the perfect luxury home in Fayetteville, NC.  It's located in the lovely Forest Creek subdivision, but is the same coverage you purchased for your starter home appropriate for your newest investment? 

      In previous blogs, basic and broad forms were briefly explained.  They were possible choices, and while something is definitely better than nothing, you still other choices available.  In North Carolina, you can purchase a policy that provides extensive all-risk coverage of real and personal property.  Real property is includes the inherited interests, benefits, and rights of estate ownership.  Personal property includes movable objects and items not associated with real property. It is designed specifically for properties that are of ample investment. 

      Risks are just a normal part of life.  Everything we do daily involves a certain amount of risks.  The key in all of this discussion of property coverage is knowing your risks and knowing just how much protection is enough.  Obviously, since Fayetteville is not like certain cities in California, there is minimal risk of an earthquake. Would you buy a plan tailored to a city sitting on the San Andreas Fault to cover a luxury home in Fayetteville?  Certainly not!  Just assess your risks and be prepared.

Eric Anderson, Team Leader
Keller Williams Realty - Fayetteville
mailto:EricAndersonNC@kw.com