Home insurance typically covers all structures on your property in addition to your family home. If you have a substantial workshop that houses a lot of materials and tools, you may want to take a second look at your policy. Homeowners in the greater Ashland, KY area rely on the team at Sharp Insurance & Financial Services for expert information about the policy options that are available to them. If you have items of significant value stored in your workshop it’s worth taking a second look at your coverage limits and levels on your current policy.
Workshops Need Coverage Too
Even though most outside structures are covered on typical homeowners policies, it never hurts to make sure that all of your valuables are protected. Primary policies often have coverage limits that may make it difficult for you to repair and replace all of your belongings in the event of a total loss. Many people undervalue their tools and equipment that they store in their workshops or sheds. Now is a great time to sit down with an experienced local agent and review your current policy. Homeowners often find that the value of their items has increased substantially since the time when they bought their initial policy. Don’t be caught with inadequate protection if you experience a loss. Homeowners policy riders can include additional coverage for valuable items and those that may be difficult to replace.
The team at Sharp Insurance & Financial Services recommends that our clients undergo a regular policy review to ensure that they have the protection they need. If you are in the greater Ashland, KY area and want to learn more about your insurance coverage options, contact us today. We look forward to working with you!