Category: Home Insurance

Summer storms can pose a host of challenges for homeowners. Concerns ranging from toppled trees to roof shingles damaged by hail, among other problems, are common with summer storms. If you’re a homeowner considering the impact of summer storms, rest assured that home insurance can provide valuable protection. At CXE Insurance, servicing Sellersburg, IN, we provide home insurance solutions that effectively guard your home against severe summer storms. Here’s how.

Home Insurance Offers Financial Protection

If your home sustains damage during a covered event, your home insurance policy can cover the costs to repair or replace the damages once the event has ended. Typical home insurance policies cover damages from windstorms and hail, enabling you to recover following a summer storm. If your home becomes uninhabitable due to the storm’s impact, many home insurance policies will cover your living expenses during the recovery and cleanup period.

Home Insurance Offers Peace of Mind

Knowing that your home insurance policy offers protection when needed can bring significant peace of mind. Home insurance can help you sleep better at night, ensuring your home’s financial safety is secure.

Preparing for Summer Storms

Summer storms are a fact of life! To prepare your home for these storms, revisit your home insurance coverage and understand what is covered. Update your policy if needed. Keep copies of your home insurance documents at hand and save your insurance agent’s number on your phone.

Have Questions About Home Insurance? Reach Out Today

If you have any questions about home insurance or wish to update your home insurance policy, get in touch with CXE Insurance, servicing Sellersburg, IN. Our insurance agents can help you update your home insurance policy or help you secure one if you don’t already have it.

Indiana homeowners with good home insurance coverage can rest assured that they will receive compensation if their home is damaged by an unfortunate incident covered under the home insurance policy. However, there are several things you’ll need to do to file a claim to receive compensation.

Paperwork Needed to File a Home Insurance Claim in Indiana

In addition to filling out the claim form from your insurer, you’ll need the following documents:

• A copy of your home insurance policy. 

• Pictures showing the damage to your home. It’s best to take these from various angles or even film the damage so your insurer can understand what you need to fix or replace.

• Receipts for damaged or lost property. For example, if you replaced your home’s heating system one year before it was damaged in a natural disaster, you’ll want the receipt to show your home insurance company how much your heating system is worth.

• Receipts for temporary repairs. It will take time to process your insurance claim. If you need to do temporary repairs, keep the receipts so your insurance company can reimburse you after it has approved your claim.

Contact CXE Insurance for More Home Insurance Information

Every homeowner needs a reliable home insurance policy designed to meet his or her needs. CXE Insurance is a family-owned insurance company with a reputation for providing top-tier customer service and expert insurance assistance. We offer multiple policy options to meet the needs of homeowners in and around the Sellersburg, IN, area. Call us to find out more or to get a policy quote.

Your home insurance protects you from many hazards that can damage your home and your life. Nothing, however, can protect you from everything, and, like most types of insurance, home insurance has exclusions. In Sellersburg, IN, CXE Insurance makes sure that your home insurance is personalized to you. We get to know you so that we can better serve you.  

Home Insurance Exclusions

Flood

Floods are one of the most damaging natural disasters. Every year they seem to spread to more and more locations where they were never common in the past. If you are counting on your home insurance to protect you, you will be sorely disappointed. Floods are not covered by a traditional home insurance policy. If you feel you need to be protected, you will have to buy flood insurance through the National Flood Insurance Program. 

Earth movement

More than one type of earth movement is not covered by your home insurance. It doesn’t cover earthquakes, mudslides, landslides, or sinkholes. You can buy a separate policy to cover these hazards. 

Owner neglect

Owner neglect leaves many things uncovered that can damage your home. Your insurance company expects that you will keep your home in good condition so that it doesn’t suffer any damage. If your roof is old and it leaks, the damage is on you. If your home becomes infested with termites, the damage isn’t covered because you are expected to get termite treatment.  You are expected to prevent any damage that you can. 

Sewer backup

Having your sewer back up into your home is disgusting, and it can cause a lot of damage. The worst part is that the damage is not covered by your home insurance. 

Call Today To Discuss Your Options

Contact CXE Insurance in Sellersburg, IN when you need home insurance advice. We are here to help in any way that we can. 

Buying a new home is exciting, and if it is a first home, it can be terrifying as well. So many things to know and worry about and home insurance is not something most people are very knowledgeable about until it becomes a requirement. At CXE Insurance in Sellersburg, IN, we make it our business to make sure that our new homeowners know what and how much coverage they require. 

What every new homeowner should know about home insurance

Home insurance doesn’t cover everything

You may feel that you don’t have anything to worry about if you have home insurance, but that is not quite true. Like most types of insurance, home insurance has exclusions. If your home gets flooded by surface water, your traditional home insurance won’t cover the damage. If you live in an area that is prone to flooding, your mortgage company will require you to carry flood insurance. This can be purchased separately through the NFIP (National Flood Insurance Program). It also doesn’t cover owner neglect and earth movements such as earthquakes, sinkholes, and landslides. If your sewer backs up, that also isn’t covered. 

You choose the deductible

Before your home insurance starts coverage, you must pay a deductible. You decide the amount of deductible that is right for you. Typically, it can be $500 or $1000. The higher the deductible, the less the cost of the policy, but keep in mind that if you choose a higher deductible, you will need to pay that amount.  

Type of content coverage

You have a choice of the type of content coverage you have. You can choose the current value or replacement cost. Current value takes depreciation into account, and replacement cost is what it costs to replace the item at today’s prices. 

We Are Here To Help

Contact CXE Insurance in Sellersburg, IN for all your home insurance needs.