OKC Insurance Agents Ask: Do you know your gaps?
So, you want a brand new granite counter top for your kitchen? Perhaps, you want to replace your boring, old bathtub with a Jacuzzi tub? Maybe, you even want to upgrade to a more energy efficient air conditioning system? OKC insurance agents want you to know that home renovations such as these can completely change the value of your home.
When you think about increasing the value of your home you should be thinking about the resale value. OKC insurance agents have turned to our Farmers’ inner circle for statistical information. There, we found information stating that the resale value of remodeling projects has risen dramatically since 2012, as reported by Remodeling Magazine. If you make major improvements to your home, it is likely that you could be seeing a greater return on your investment when it is time to sell.
Something that many homeowners tend to forget about when making these dramatic changes to their home is updating their Homeowners insurance policy. OKC insurance agents care about keeping all aspects of your home covered and updating your policy is the only way to make certain that it reflects your home’s new value.
Leaving your policy unchanged can leave you at risk to have gaps in your insurance. If something were to happen to your home without an updated Homeowners insurance policy, you may not receive enough insurance payment to replace your existing home. To get the most out of your insurance policy, it’s important to choose coverage limits that accurately reflect the current characteristics of your home, and the true cost to reconstruct it.
Do you know your insurance gaps? If you’ve completed any home upgrades and you haven’t had a policy review with a Farmers insurance agent in Oklahoma City, then it may be time to give us a call. Our insurance agents are friendly and knowledgeable, so do not be afraid to reach out.
A little bit about ourselves:
The Scott Godwin Insurance Agency, based in the Oklahoma City, Midwest City area. I have a full service insurance agency dedicated to serving all clients’ insurance needs across the Oklahoma City, Midwest City area. Supporting the proud history and tradition of Farmers Insurance Group, our Oklahoma City, Midwest City agency’s mission is to serve you, the client. Scott Godwin Insurance Agency of the Oklahoma City, Midwest City area offers three distinctive areas of insurance products in the company: Personal/Home/Auto Insurance, Commercial/Business Insurance and Health Insurance. Call Scott to allow us to provide you, the customer, complete satisfaction and confidence that you are dealing with the most informative Oklahoma City, Midwest City insurance professional.