MORTGAGE » Insuring Your New Home
New Home? New Boat? New Car? Making a major purchase is exciting, but there is still a lot to think about. While insurance is a general requirement when you finance a large purchase, it is important to take the time to find the right amount of insurance coverage, at the fairest price.
At Northeast Bank, we can provide you with both banking and insurance all from one place; we do the running around, so you don’t have to. Click here to learn more about Northeast Bank Insurance Group.
When shopping for insurance there are a few things to keep in mind:
- Replacement Costs
- Customer Service
- Claims History
Replacement Costs
The value of your home or possessions can change with the market, in some cases drastically. When working with your insurance agent, make sure to discuss the difference between current value and replacement costs. Insurance is to cover you in the event you have to replace what is lost at the current market rate when the loss occurs. Think about it…
- When was the last time you had your home evaluated?
- What’s the coverage on your belongings-- have you purchased more clothing, jewelry, or electronics lately?
- Are you driving longer distances, using your new car for business?
Your Northeast insurance agent works with you to find the right amount of coverage so in the event of loss you don’t have to worry.
Customer Service
Your relationship with your insurance agent is for the long-term. The level of service you’ll find with the Northeast Insurance Group be nothing less than superior, whether it’s working with you on a new policy, getting quotes for renewals, or simply helping out with your questions.
With the variety of carriers in the market, your agent will work with your best interests in mind, with objective advice and adequate coverage that meets your needs. And, as your relationship grows, the value of your relationship will grow as well.
Claims History
You don’t want to learn how an agency works once you have to file a claim. You buy insurance as protection from the risk of loss. When you must a file a claim, your Northeast Insurance agent is on your team, helping you restore your property, recover from your loss, and move on.