Are Solar Panels Covered?

All of a sudden it’s now May.  I can tell because there are nice little yellow dandelions all over my lawn.  Time to go out and yank them from the lawn!  Good time as well to bring out the outdoor furniture and wash the deck.  This weekend we replace the air filters on the air conditioner as that will be needed soon.

Spring is also a time when our home insurance comes up for renewal and each year I like to look at it to see if everything on my policy is up to date and is giving me the coverage that Margareth and I want to protect our property. I thought it may be  good to review this with you, our clients, and make sure you have all that you want from this valuable policy.

ANY ADDITIONS?

As I have said before, over 27% of all non covered claims are due to clients not telling their agents of changes they make to their life style or to their home.  Have you made any additions to your residence?  Added a second car garage? Or maybe that family room or extra bedroom you always needed?  This could affect the overall value of your home and the coverage to your home then should be increased to reflect the additional value to your home.

Another item that many times is overlooked is detached structures on the property.  In the current economy, we see many families are improving their present home rather than selling and upgrading to a new home.  A detached structure on your property is automatically given coverage of 10% of the amount of coverage on your home.  So if you have a building limit of $250,000 on your home that means any detached garage, cabana, or additional structure would have a maximum of $25,000 in coverage.

SIGN OF THE TIMES?

Here are some items we have been seeing around town.  The cost of adding solar panels to your home has decreased.  Many clients of ours are also receiving federal and state grants to place the solar panels on their properties either on the roof or, with enough land, on a concrete pad in the back yard.  Even though the prices are going down, you should consider insuring their value. Attached to your roof, this is building coverage.  However, if it is a separate installation away from the house, it would be a detached structure and you should review your policy to see if the present coverage on your policy is adequate.

Regardless what is in the newspaper these days, the home insurance policy is still one of the best values out there in the insurance market.  All of our Protection Team members here at Hauswirth & Sons are highly trained to review this coverage with you and to help you make any changes necessary.  Give us a call! 877-329-3261

Rich Hauswirth

You heard me correct! I’m hot under the collar about these “1-800 AUTO INSURANCE ORDER TAKERS” who sit in their cubicles all day and speak to faceless consumers in all 50 states. Do you really think that these strangers in headsets care one way or another if you buy $15,000 or $500,000 worth of auto insurance? NO, they do not!

The fact remains that if you are sued because you cause an accident and the judgment exceeds the limit on your policy, you will be held personally liable. The court can grab assets, garnish wages and place a lien on your home.

Recently, our friends at Geico were found guilty on a class action law suit for not offering proper limits on their web site to NJ consumers under the Personal Injury Protection (PIP) health coverage option. Many of their customers who were involved in auto accidents had bare bones medical coverage and were stuck with huge bills to pay by themselves. The settlement was in the tens of millions of dollars. They don’t care!

We believe it is best to offer you a choice when it comes to coverage and when it comes to your insurance company. Our office has several companies to select from when it comes to your auto insurance. We offer several different coverage options to choose from for your liability, medical (PIP) and comprehensive and collision deductibles.

You do not have to settle for bare bones coverage in order to save a few bucks. At Hauswirth & Sons Insurance, you do have a choice.

Our entire protection team at Hauswirth & Sons Insurance is excited as we have finally found a vehicle to communicate quickly and easily with our clients and friends on a subject that can be confusing and annoying. 

 We have incorporated into this site an extensive library of information, which we call the Resource Center.  In it you will find free reports and videos that will show you how to protect yourself and things that matter most in your life.  We have also added some “Real Life Situations” to give you ideas on how your insurance coverage will change as your life changes. 

Best of all, we have a center for our existing clients; our Client Support Center.  In it you will be able to get help for billing questions, request changes to your policies and make sure you have the right protection, even when our office isn’t open. 

And of course, you will be able to obtain a quote for your insurance and get prompt attention from our team of highly trained protection specialists.  We hope you’ll come by and take a look at us, online at www.hauswirthinsurance.com and let us know what you think!