Reasons to File a Homeowners Insurance Claim in TN

Getting homeowners insurance from Keltner Insurance can be an important step for protecting your home and property. When it comes time to file a claim for damages or for liability, you are going to need coverage. If you live in Memphis, TN, then you should get in contact with an agent to discuss options for home insurance. Read more to learn about the top reasons for filing claims on homeowners policies. 

Storms and Severe Weather Problems

Storms and the violence and chaos of weather is a top reason for filing a claim in TN on your home policy. Storms and bad weather can cause a lot of destruction quickly and you will need repairs. This is a good time to assess the damages from the storm, winds or bad weather. Next, hop on the phone to discuss the problems with your agent at Keltner Insurance. Damages can be caused to homes from wind, ice, snow, hail, debris, down trees or other issues related to weather. 

Water Damage to Homes

Flooding can do major damage to homes. Other types of water damage can also occur, however. This includes burst pipes, leaks and heavy rains that damage roofs and other parts of the home. Water damage accounts for many of the claims homeowners insurance policies cover. If you want to know more about what kind of coverage options are available speak with an agent. 

Fires

Fire is one of the most damaging elements on this list. Fire can destroy entire homes and ruin personal property. This remains a top reason for filing claims on the home insurance policy in Tennessee. Smoke is also harmful and can destroy peoples’ belongings. Find out more about policies for house insurance and how fire damage is covered by calling an agent. 

When to Claim Your Home Insurance

Be it as it may, not all damage that happens to your homestead needs the attention of the insurance company. Actually, it is far more economical to avoid filing an insurance claim for petty damages to your home. Needless to say, every claim you make can potentially increase your premiums. Hence, you should be more careful when you are planning to file a claim. There are quite a number of companies for house insurance such as Keltner Insurance in Memphis, TN.

When should you file an insurance claim?

  • If it is something precious to you

Insurance covers are mostly for what we cannot afford to lose such as the valuables that you cannot easily replace. These could include excessive damage to your house or theft.

  • Cost effective replacement

It is expedient to assess the cost of replacing the damage. If the total cost is supposedly less than the deductible amount, you should desist from making an insurance claim.

  • If you can afford it, don’t file a claim

Certainly, the insurance company will pay you less. If you realize that you can comfortably afford the repair yourself, do not make the claim.

  • Avoid multiple claims

Filing several claims within a short period of time will increase your premiums tremendously. You don’t want to be in the high-risk category of your insurance company.

What you need to know before filing a home insurance claim

  • Is the claim covered?

Do not file a claim for anything if you do not have coverage for these claims. You should ensure that whatever claim you are filing should be covered by your home insurance company.

  • There is a potential increase in premiums

Filing a claim can potentially increase your premiums tremendously. If you are not prepared to handle an additional increase in premiums then you can reconsider your stand on filing a claim.

For more information about house insurance, contact Keltner Insurance in Memphis, TN or read more about house insurance from their blog.

How to Choose Home Insurance

For most people, purchasing a home will be one of the largest investments that they make in their lifetime. This is true both emotionally and financially. Therefore, you want to be knowledgeable when it comes to choosing the ideal home insurance for your needs in Memphis, TN. Here are a few tips that should help you out significantly.

1. Look Around for Coverage

If you have a mortgage on your home, the lender will likely require that you get homeowners insurance. Don’t rely on your lender to choose the homeowners insurance for you. Rather, you should get quotes from a number of different home insurance companies and compare their limits, coverage, and deductibles.

Keep in mind that the insurance company offering the lowest price is not always the best choice. Choose a company that offers 24/7 support and excellent customer insurance. 

2. Look Up Company Ratings

You should look up and compare ratings for the insurance companies you’re looking at. A.M. Best is an excellent source for ratings for insurance companies. Ratings will depend on industry standards for home insurance. Insurers who have good ratings are more likely to be a good choice.

3. Keep Location in Mind

You should also keep the location of your home in mind when it comes to buying a home. The location of your property could impact the cost of your home insurance. For example, if there is a fire station just five minutes away, you can expect to pay less for home insurance. On the other hand, if your home is located in an area prone to natural disasters, you can expect to pay more.

For more information about how to choose home insurance, don’t hesitate to contact us here at Keltner Insurance. Our professionals here at Keltner Insurance will be able to provide quotes to individuals in Memphis, TN and the surrounding area.

Mistakes first time home buyers make

Buying a home can be a fun, exciting, and scary experience whether you are buying a home in Memphis, TN or somewhere across the states there are many tips that would be good to know. Keltner Insurance has come up with mistakes to avoid for first time home buyers.

One tip is not coming up with a budget and knowing what you can and cannot afford. The bank might say what you are approved of, but that can be different from what you can actually afford. Make a list of monthly expenses to be sure how much you can actually afford. Don’t look at homes that are outside your price range or you will end up lusting over something you cannot afford.

The next mistake would be skipping the mortgage qualification process. Always get pre-approved for a loan before placing an offer on a home because it if you have poor credit or unstable income it can deny you.  Also failing to consider the additional expenses can really put a burden on the new homeowners. There are additional expenses on top of the monthly payments such as property taxes, insurance, and repairs. Even find out if there is a homeowner’s association fee. Next, being too picky is a big mistake. Everyone has a new home wish list, but don’t be so inflexible that you just continue to rent because nothing is perfect. There might be things you have to compromise on to find a good home.

Don’t get caught without the level of homeowner’s insurance coverage you need. Instead, easily compare quotes online though Keltner Insurance serving Memphis, TN.      

What questions should you ask about a new home insurance policy?

One of the most important things for home owners in Memphis, TN to know is that their home is protected in the event of anything bad happening.Whether your home is destroyed by a storm, fire, or robbed int he middle of the night, the agents at Keltner Insurance know how to find a policy that will protect you.  If you’re looking for a new home owner’s policy, make sure you consider these questions before you commit.

  1. Do I have enough coverage?  Remember that after a major disaster, the costs to rebuild and replace your possessions will increase.  In subdivisions, rebuilding often costs more than the house originally cost to build, thanks largely to the expense of hiring separate contractors for every job.  Make sure you have enough coverage to get back on your feet.
  2. What other expenses are covered?  Besides the cost of rebuilding, does your policy cover the costs of temporary housing?  What about the cost to remove debris?  Make sure your policy will cover all of your recovery expenses.
  3. Do you need replacement cost insurance?  Some policies will only give you he market value of the items you need to replace. Finding used replacement items, however, can be hard to do after a disaster.  If you don’t have enough money in savings to make up the difference and buy new clothes, appliances, and more, then consider buying replacement coverage.  This rider will provide funds to replace everything inside the home that was lost.

If you’re thinking about buying a new home insurance policy, or if you just want to see if you can save money on your existing policy, call the agents at Keltner Insurance.  They have years of experience helping Memphis, TN residents find the policies that are right for them and their budget

Memphis, TN Autumns and What They Mean for Home Insurance

If you live in Memphis, TN, you probably do not have to deal with the harsh temperature changes that many of your neighbors up north experience every year. However, there are seasonal changes that could potentially affect your home and home insurance, and it would certainly behoove you to be aware of them. As such, it would be very helpful to go through your home insurance policy this time of year, as it will remind you of things you should pay attention to in order to avoid uninsured damages.

You will want to make sure that you get rid of any dead vegetation on your property. It could increase the risk of fires if the weather is dry, and it could clog up the gutters and cause water backup issues in your drainage systems if the weather is rainy. Also, insects and animals are going to be seeking refuge from the cold in indoor spaces, which could include your home. You should keep this in mind and do what you can to keep the pests out of your home. You should also make sure that you are prepared for the winter and that the heating systems are efficient; if they are not, you could end up wasting a great deal of money. You should also make sure that the home is well insulated and that the windows and doors are sealed well, so that heat does not escape. Make sure that your pipes are in good working order as well, so that the damage itself doesn’t cause you money, and you do not lose heat that way.

If you want to know about what the autumns of Memphis, TN mean to you in terms of home insurance, you should feel free to contact the professionals at Keltner Insurance for all of the information you need. The agents at Keltner Insurance will be willing to answer any questions you may have and give you all of the help you need.

Tips To Make Packing Easier

No one likes to pack before a move and no one likes to unpack it either. However, the packing part may be more difficult to some people. If you are about to move and need to start packing up your home, there are some easy ways to make the entire process easier for you. It will also help to make the unpacking process a lot easier as well. Before you move into your new home, read these tips on packing and contact us at Keltner Insurance for all of your homeowners insurance needs. 

  1. Make a first night box. Once you have moved into the new home, you do not want to spend all night looking for your toothbrush in all of the boxes. Instead, while packing, make sure you make a box filled with things you will need the first night. This will include things like toiletries, towels, basic clothes, pillows, and blankets to sleep on. After moving, you will need all of these things and probably will not want to unpack the house to find them.
  2. Label your boxes and take inventory. If you keep track of the boxes, what they have in them, and label them, it will be a lot easier to find what you need and unpack things in an organized fashion. Make sure you take the time to label the boxes so that the unpacking process does not take long and you do not run the risk of getting frustrated. Color coding boxes is also a good idea. You can use color coded stickers to label boxes that should go into specific rooms. That way you will have all of the boxes in the rooms they belong in on the day you move. This makes everything a bit easier when unpacking.