When it comes to insuring your home, you need to think in terms of replacement cost, not market value. Replacement cost reflects the amount required to rebuild your home, as it stands today, with similar materials and features. Market value,…
You’ve heard the saying “it’s not what you know, it’s who you know.” At City Building Owners Insurance, we make it our business to know what and who. Specifically, we know what’s happening in the industry and who the players…
Insurance providers look at many factors when determining what rate and coverage to offer at renewal. The inherent complexity of the insurance industry can leave property owners confused about the variables that increase their insurance premiums. Some factors will always…
Moving into a new home is an exciting event. Less exciting, but critically important, is selecting a homeowners’ insurance policy to protect your new home and everything in it. Choosing the right policy to protect your home is invaluable in…
While some choose to downsize or move into a retirement community, many older Americans would rather stay in the familiar setting of their own home. With proper planning, many seniors can continue to enjoy home, sweet home, even if they…
If you think that shopping for homeowners insurance quotes often feels like an interview . . . you're not wrong. Insurance agents and brokers aren’t being nosy. They know what an insurance company will want to know. Having that information available…
Spring has officially arrived. Daylight Saving Time has returned. And as the weather turns warmer, many people are taking part in the ritual of spring cleaning. This practice often involves archiving and/or disposing of old documents, particularly as Americans gather…
Homeowners often wonder why their home's replacement cost differs from its market value and how those two numbers should affect homeowners insurance decisions. Your home’s replacement cost reflects what it would cost to rebuild your home from the ground up…
The start of the year is a great time to think about upcoming changes and how to prepare for any unique challenges and adventures ahead. Consider making the following five New Year’s resolutions to make sure you have the right…
How much homeowners insurance should you get? If you say, “I paid this much for my house, so that’s how much insurance I need,” you should know that how the market values your home differs dramatically from how an insurance…