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Purchasing a new or new-to-you home requires much consideration beyond aesthetics and square footage. Take homeowners insurance, for example. You should consider how much it would potentially cost to rebuild the house if it is ever damaged or destroyed. Another crucial calculation: how much will it cost to replace the belongings that will be in your home? Consider the home’s features so you, with the help of your insurance agent, can make the smartest decision about coverage.

If you live on the coast and disaster strikes, flood insurance policyholder claims are paid even if the event is not federally declared. With flood insurance, all covered losses will be reimbursed. And unlike Federal aid, it never has to be repaid – another reason why being proactive about insurance coverage can pay off this season and for seasons to come.
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NOTICE: This and all content is developed from sources believed to be providing accurate information. The information in this material is not intended to be used as tax or legal advice. Please consult with a tax and/or legal professional for detailed information regarding your individual situation. Some of this material was developed and shared by Coastline Insurance Associates of NC to provide information that may be of interest. Coastline Insurance Associates of NC is not affiliated with the named representative, broker-dealer, state- or SEC-registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.
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