Losing items in a fire or a burglary can be frustrating, and especially frustrating when you have not yet added those items to your home insurance inventory. Fortunately, Wayzata, MN can be somewhat flexible in these matters, but you need to exercise some caution and common sense here.

If you can prove that you owned the items in question and simply hadn’t added them to your inventory yet, you may be able to file a claim for them. If you have photographic or video evidence, your adjuster may be willing to take that into account even if you never sent receipts directly to your insurer. Home insurance companies understand that it’s hard to fully plan for an emergency, and a fire isn’t always going to happen right after your most recent inventory.

But there is no guarantee that your insurance company will cover these items, and claiming items that you cannot prove you owned may even have your insurer suspecting fraud.

The best way to make sure that this doesn’t happen:

• Keep your receipts somewhere safe.
• Update your inventory often. Every six to twelve months, and after every major purchase.
• Keep documentation. Keep your receipts together, take photos, capture videos, and make sure that you can prove it.

And remember that an insurance adjustment isn’t a negotiation. Many homeowners assume that their adjuster will lowball them, so they claim a higher number than the actual value of the damaged or lost goods. Don’t do this. Just tell them what you lost and what it was worth.

If you are still shopping around for an insurer for your Wayzata, MN home, get in touch with Pizano Insurance by phone or through the Pizano Insurance website.

Have you recently undertaken a home improvement upgrade? Maybe you decided to add onto the house, or perhaps you’re updating the kitchen. All of these will have an impact on the overall value of your home. This is fantastic, but it also leaves you with a bit of a dilemma. Do you tell your home insurance provider about the renovations? Here at Pizano Insurance, we are here to address those concerns when you call Wayzata, MN home. 

Should You Tell Your Home Insurance Provider About Renovations?

First of all, you are not obligated to say anything about renovations to your home insurance provider. So, if you don’t want it to it is not required. However, that doesn’t mean it is the best idea. Why? Because what happens if your home is damaged? You will be compensated based on the original value of your property. This means all the money you put into the new renovations will be completely out of the window. Does shaving a few dollars off your insurance rates compared to paying for the renovations all over again should something happen to your home? That decision is up to you, but in general, it is always a good idea to let your provider know. 

All of Your Home Insurance Needs

If your considering new home insurance, are looking at performing home upgrades, or you have other basic questions regarding home owner’s insurance, you need to contact the professionals to find out what is the best course of action and what you should avoid. Here at Pizano Insurance, we are here to address these exact concerns. So, if you have any questions or you want to know more about insuring renovations on your property our staff here is just a phone call away. 

If you are in the Wayzata, MN area, it could be a very good idea to own your own home. When you are a homeowner, there are many long and short-term benefits and advantages. If you are going to purchase a home in this area, it is very important that you carefully consider all of your insurance needs. There are several reasons why you need to get insurance for your Minnesota home and property. 

Gives Valuable Coverage

One reason why you should get home insurance for your Minnesota property is that it can provide you with very valuable coverage. A quality home insurance policy is going to protect your assets and provide you with liability insurance coverage. Both of these forms of coverage can prove to be very valuable in a situation where you incur any type of loss.

Requirements for Property Owners

Depending on your situation in Minnesota, you may also be required by a variety of different parties to carry property insurance. When most people purchase a home, they end up taking out a mortgage. If this is what you did, your mortgage lender will require that you carry coverage at all times. Also, if your home is located in an association, the home association documents will likely require you to carry both liability and property insurance at all times. 

Ultimately, whenever you are going to purchase any type of property in the Wayzata, MN area, you need to get proper insurance in place. A good home insurance policy can protect you and your home in several different ways. When you are in the market for a new home insurance policy, you should contact us at Pizano Insurance. The team at Pizano Insurance can help you to understand all of your options and get you into a quality policy. 

Unless you’ve read all of your home insurance policy in Wayzata, MN, it’s unlikely you know very much about the exact terms of every event. There are a couple of problems with this though: one is that you’ll file a claim for something that isn’t covered, and two is that you won’t file a claim when something is covered. Because pets can cause a lot of damage, Pizano Insurance wants to clear at least a few things up for you. If your best friend knocks over your TV, destroys the fence, or bites someone, here’s what you need to know. 

All Policies Are Different 

Your coverage is determined by the policy you choose and the company you choose as your carrier. For the most part, pets aren’t covered unless they damage someone else’s property or injure them. These events would fall under your liability, although again, every policy will have different terms. 

Getting a Provision 

The problem with pets is that they’re far from predictable. There are plenty of cats, dogs, hamsters, lizards, etc. that are entirely harmless and will be for their whole lives. But there are some who seem well trained, only to react poorly in times of high-stress. This unknown element is why insurance carriers often stray away from coverage in the first place. However, you can get a provision in your home insurance if you live in Wayzata, MN, and you want to take as many precautions as possible. 

Pizano Insurance is here to help you get all your ducks in a row when it comes to your home insurance policy. Give us a call today to learn more about our company and how we can help you find insurance that fits the bill. 

Home insurance isn’t something you can buy once and then forget about it. It needs to be reviewed periodically to ensure you’re getting the protection you need. Changes in your family, lifestyle or home structure can affect your coverage. At Pizano Insurance in Wayzata, MN, we recommend you review your policy annually to see if you need to increase your coverage to optimize your protection. Here are a few reasons why you may need more home insurance coverage.

Renovations

If you’ve recently renovated your home, you’ll need to add these renovations to your dwelling coverage to protect them against unforeseen disasters. Costly renovations such as a kitchen remodel or the addition of a new bathroom will increase the value of your home. You may need to increase your dwelling coverage to cover your renovations and the increased value of your property. Inadequate coverage could result in your paying for thousands of dollars worth of home repairs out of pocket in the event of a disaster.

Costly Belongings

Standard homeowner’s insurance comes with limits in protecting your belongings. If you inherited costly heirlooms, purchased high-end electronics or were gifted posh jewelry over the last year, your current coverage may be insufficient to cover their full value if they were stolen or damaged in a disaster. To protect these goods, you’ll have to increase your property coverage or obtain a rider that gives you extra protection for your costly valuables.

Retirement

Maybe you retired and plan to entertain at home more often. The more visitors you have, the greater the risk of someone having an accident on your property. Increasing your liability coverage protects you against accidental injuries that may occur during a special event on your property.

For more information about home insurance coverage and costs, contact Pizano Insurance in Wayzata, MN.