John Boey - Central Real Estate
Central Real Estate | 617-828-3268 | [email protected]


Posted by John Boey on 9/23/2018

Home insurance is a must for any homebuyer. However, getting the right coverage at the right price may seem impossible, particularly for those who are buying home insurance for the first time.

Fortunately, we're here to help you take the guesswork out of buying home insurance. Here are three tips that you can use to obtain the right home insurance coverage for your residence.

1. Understand What a Homeowners Policy Covers

Homeowners insurance offers protection against damage to your property and personal belongings. It also safeguards you against liability for any injuries or property damage that you may cause to other people.

Typically, homeowners insurance offers a package policy that ensures you are protected against natural disasters and other unforeseen risks. On the other hand, homeowners coverage does not protect you against every possible danger. And in some cases, you may need to buy additional coverage to supplement your homeowners policy.

For instance, a homeowner who lives in a floodplain likely will need to purchase flood insurance, as a homeowners policy does not offer flood coverage. Or, if you own a trampoline or your home features a swimming pool, you may need additional coverage as well.

Speaking with an insurance agent will allow you to learn about the ins and outs of a homeowners policy. If you ever have concerns or questions about homeowners insurance, a home insurance professional will be able to respond to your queries at any time.

2. Get Multiple Home Insurance Quotes

When it comes to finding home insurance, it pays to shop around. By doing so, you'll be able to get multiple home insurance quotes and find the best coverage at the best price.

Meeting with at least three home insurance companies usually is a good idea. This will enable you to find out how home insurance will impact your monthly expenses and receive responses to all of your home insurance queries.

3. Don't Forget About Preventative Measures to Supplement Your Home Insurance

Homeowners insurance offers protection in a number of areas, and ultimately, provides a great option to safeguard your property and belongings against risk. Furthermore, there are many quick, easy ways to minimize risk without having to increase your homeowners insurance coverage or add supplemental insurance.

For example, if you own a large collection of antique coins, it may be worthwhile to purchase a safe to secure these items. Also, if you buy a security system for your home, you can safeguard your residence and belongings against theft and may be able to get a discount on your home insurance too.

Purchasing home insurance is a major decision, and if you need extra help along the way, your real estate agent may be able to point you in the right direction.

Your real estate agent may have home insurance contacts, and as such, can connect you with these contacts instantly. Thus, you can move one step closer to buying home insurance that enables you to safeguard your property and belongings both now and in the future.





Posted by John Boey on 4/8/2018

When pests come into your home, there’s no creepier feeling that you may have as a homeowner. You may turn to your house insurance for assistance if the problem gets really bad. Let’s say that termites have taken over your home and gotten into your walls or foundation. Maybe mice have gotten into the walls of your home, or a squirrel has caused some major issues in the attic. Whatever the problem is, you want to remedy it quickly. It might be an expensive fix no matter what, but it has to be remedied for you to continue to live comfortably in your home. 


The Truth About Homeowners Insurance


Unfortunately, homeowners insurance doesn't cover pest infestations. It doesn’t matter if the termites have literally eaten you out of house and home, the insurance companies consider pests to be an avoidable problem. Even though you may wonder how bugs can be considered “avoidable,” it’s simple. The insurance company believes that regular maintenance and checking of your property can help to prevent bug infestations. This is why it’s so important to take care of your property and not neglect it. 


Collateral Damage


There are a few exceptions to the rule. If your ceiling caves in and it was caused by some of the pest damage, your insurance may cover the cost of the repairs to the ceiling. They may not cover the materials that are needed to repair the ceiling itself. Insurance claims can be tricky, so you’ll need to ask a lot of questions if these problems do occur for you.


What Homeowners Insurance Covers


There’s nothing more frustrating than paying an insurance premium to find out that it doesn’t actually cover anything that you need at a certain point and time. As a general rule, homeowners insurance policies cover things that are considered accidental. This would include natural disasters like hurricanes, hailstorms, or high winds. If a tree falls on your home due to a windstorm, there was really no way of preventing that from happening. Your insurance would cover this. Damage that happens over an extended period, like that of a pest infestation or an aging home generally is not covered by house insurance. 


Separate Policies


Some insurance companies do offer separate policies to cover damage from certain types of pests like termites. There are several varieties of insects that cause damage to wood structures, so these policies may be more general stating that they provide “wood destroying insect” coverage. If you live in an area that’s prone to termites, there’s a few options available to you including something called “termite bonds.”


Your best course of action as a homeowner is prevention. Keep up with regular maintenance around your home and inspect your home regularly for any problems that you may find.




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