Building Structure Insurance Policies Newark DE
Building Structure Insurance Policies
Structural Home Insurance
If you own the building you should have home insurance to insure the building. While this most often applies to the home you own and live in it also applies to buildings you own and rent.
The home insurance coverage should pay for repairing or rebuilding if your home is either damaged or destroyed by one of the named perils on the policy. Most home insurance policies will not pay for damage by earthquake or flood. Protection for earthquake or flood would require a special perils policy.
You probably have a good idea of what your home is worth. If not, you can make a reasonable guess based on your local real estate listings. You can even speak to a real estate agent directly. They often offer free estimates of your home's worth and the exercise can be very interesting. It's usually a 'no obligation' estimate - but ask and be sure.
Now, if you paid $250,000 for your home you should have $250,000 in home insurance for the structure, right? Wrong. The $250,000 you paid will include the cost of the land itself, which you shouldn't have to re-build (If you live in an earthquake prone area this may not apply to you! But you'll need special "peril" coverage).
What you want to insure is the building - and you want to insure it for repairs or re-building. Assuming that 1/5 to1/4 of the cost of a home in an urban area is the lot then you will need home insurance for the structure to the tune of $160,000 to $200,000 on a $250,000 purchase price.
Not comfortable with that amount of insurance? To be really sure get an appraiser who will appraise the house separately from the building lot.
Remember, you will have to revisit your home insurance regularly - yearly is great (on the renewal of the policy), but at least every 3 to 5 years. Costs of repairs increase, just like everything else.
Read more general information about Home Insurance Policy , Condo Insurance and Renters Insurance . Read specifics about Structural Home Insu...
Philadelphia Flower Show 2018
Dates: 3/4/2018 – 3/11/2018
Pennsylvania Convention Center Philadelphia
1101 Arch Street
The Philadelphia Flower Show, internationally recognized as one of the nation's premiere events as well as the oldest and largest indoor show of its kind, is produced by the Pennsylvania Horticultural Society. PHS has more than 15,000 members throughout the country, offers hundreds of educational programs year-round, and is considered the nationâ�TMs leading authority on urban renewal through greening. PHS's acclaimed Philadelphia Green program restores neighborhood parks, creates community gardens, conducts large scale tree plantings, revitalizes vacant land, engages thousands of citizens in community development activities and maintains treasured public landscapes. Its greening efforts are modeled in many cities across the country.Not sure if you want to exhibit at or attend the Philadelphia Flower Show 2018? See the panels below to get the information you need to make an informed decision.All information in Events In America is deemed to be accurate at the time we add it,and we take steps to verify all details and update our records when new information is provided, but as people, events and circumstances change, we caution users to independently confirm all information. EventsInAmerica.com and Events In America LLC make no guarantee of accuracy and assume no liability for inaccurate information.