Clark Howard & Decatur GA Home Insurance

November 5th, 2009 by Lloyd Pro Group Inc.

Clark Howard, Atlanta’s trusted consumer advocate offers some very helpful tips regarding your Decatur Ga home insurance premiums.

Lets look at them one at a time and then if you have any questions you can contact Lloyd Pro Group at (770) 381-5000 to get them answered for free.

  • First Clark tells us to figure out what limits you want on your homeowners insurance, and what value you need to insure. If you are not sure of what limits you need then feel free to contact us so that we can explain your options to you.
  • Here is a very important point to think about. Clark tells us that we need to get a quote for insurance that would pay to actually replace your belongings, rather than pay you based on their depreciated value. For example, lets say you have a 10 year old 36″ TV. It may be worth only $150 because of depreciation. Now go ahead and try to buy a new 36″ TV for $150.00! Now you can see the wisdom of insuring for “replacement” value.
  • Clark reminds us to every 5 years to update your coverage for the value of your home and its contents. Think about it… How many things have you purchased in the last 5 years? How many updates have you made to your home that would increase its value?
  • Clark is a big fan of raising your deductible. So it is  no surprise that he suggests  that you raise your deductible to $1,000 or $2,500. Why does he suggest this? First you will pay less for your premiums. But even more important than that, Clark tells us that you’ll reduce the risk that your insurer will cancel your coverage because you made too many small claims. We don’t want that , do we?
  • Here is another good one. Clark tells us to talk to your agent and ask them about what kind of documentation you would need to substantiate a claim, in case of  fire or being stolen. You can contact us for a free “Insurance checkup” and we will be happy to answer this question for you.
  • Clark then shares a great tip to videotape your house and describe your possessions. Finally, don’t make the mistake of  storing the tape in your house, in case their is a fire!
  • Clark reminds us to also be sure to carry enough liability coverage to protect you against a lawsuit if someone gets hurt on your property. This is especially true if you have a home business.

You can read more about Clark Howard at his website.

We hope these tips will be helpful to you. If you are looking to get a homeowners insurance quote we would be happy to help you. You can contact us at (770) 381-5000 or on the website at http://www.lloydprogroup.com

Lloyd Pro Group Inc.  has proudly served our clients for the past 24 years with Decatur GA home insurance through out Atlanta including: Decatur,Dekalb county, Stone Mountain, Lithonia, Conyers, Forrest Park, and Jonesboro Georgia

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Posted at 3:14 pm: 2 comments

2 responses to “Clark Howard & Decatur GA Home Insurance”

  1. It should be your business to clean up your credit. writes:

    [...] Get some help: Clark Howard suggests using a non profit consumer credit counseling agency that might be able to negotiate some [...]

    @ November 5th, 2009 at 17:02
  2. Video Cameras Can Protect Your Valuables writes:

    [...] you have GA home insurance to protect you,  but how do you prove what you had once it is stolen? Clark Howard consumer guru from Atlanta tells us to  video tape [...]

    @ January 12th, 2010 at 15:47

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