Home Insurance Tulsa | Get that Replacement Cost Coverage

All right, let’s see. Podcast number one 55 ensure you Oklahoma. All original content podcasts, looking for pen. Can’t find a pen. All right, so I’m going to have to wing it. Darn it. All right. So, okay, today is Thursday. I think it’s the 13th of December, 12 days before Christmas. I don’t know if this is the 12 days of Christmas or a fence, just 12 days before Christmas. Um, and that’s where the problem is. The Christmas our, it’s kind of a bizarre concept, not Hanukkah, where they have a whole bunch of days. It’s Christmas where it’s just one day. Anyway. Um, I think that’s like girls who celebrate their birthdays over a whole month or all week, which is really bizarre narcissistic that people like to celebrate Christmas a lot. Well, 12 days before Christmas and also the Houma at 55 degrees at eight 45 in the morning. And no snow insight.

No White Christmas here, which is good. We don’t live here for White Christmas for one are white Christmas. I live in Chicago or Minneapolis or green bay or Milwaukee or Ann Arbor or Syracuse or something like that. But I don’t and I don’t want a white Christmas. I want no snow. I want it to be warm. I want to play golf on Christmas Day. Regardless. I’m gonna wake up Christmas morning at home and look under the tree and see what Santa Bronx and make sure that it’s Home Insurance Tulsa , everything’s okay. Nothing dangerous that Santa brought. But if he did, if Santa wrapped up a box of Roman candles and put them next to some oily rags next to the fireplace and they caught on fire, I would be covered because I have home insurance, salsa and my home insurance. Telstra would cover me if something happened like fire or a theft. If someone broke in and took the money tree that Santa Claus left me, then that would be covered. And if the house burned out, you would be covered. And I would be covered for replacement cost on my contents. Now when we talk about replacement cost coverage, what are we talking about?

Let’s say you have everything in your house and you have replacement cost. Does that mean you get the new price of everything in your, if the house burns down? No, it does not mean that. So,

okay.

What replacement cost coverage mean is everything in your house is insured and covered at actual cash value. So I’d appreciate it if everything in your house was worth $200,000 the depreciated value may be $100,000 or half of it. And that’s what you’re going to check for. All of your replacement costs, coverage on your home insurance, salsa, your you would be covered for the replacement cost. So in other words, if you have a five year old TV that you paid $600 for $1,000 for, it might only be worth 50 or a hundred dollars today. But if you replaced that TV with a new one, they will pay that replacement cost. Does that make sense? Now if you don’t replace the TV, you get the actual cash value of that TV in your clay. So that begs the question, do you need replacement cost coverage, your confidence in your home, on your home insurance, Tulsa? Well, if you’re going to replace everything you probably do. When a couple of podcasts back we talked about stuff and how much stuff we had and how much stuff is in the closet and in the attic and in storage is stuff you don’t need. So if you have actual cash value coverage on all of your personal property and your house burns down, you’re going to get a check for all of your personal property depreciated to actual cash value. So again, if that’s $200,000 worth of stuff

and you’ll get $100,000 of Home Insurance Tulsa , for your contents,

okay,

is that enough to replace the stuff that Janine, are you going to really replace all of that stuff, the old clothes, the old stuff, just stuff in storage that the stuff that you think has value but Doug or is $100,000 is going to be enough there is the question, do you pay a little more 10 replacement costs coverage on everything or do you accept actual cash value on your personal property? Knowing that when you get one big check for the depreciated value of everything that you are going to just replace the stuff that you need replacing and you’re not going to replace all the stuff. You know in my house we have two toasters. I don’t need to replace two toasters. I need to replace one toaster. And so the actual cash value on two toasters might be enough. So on your home insurance salsa that might be in place to save some money, not having replacement cost coverage on your personal property.

Kind of a bizarre concept. Um, and it might be a lot of money. It might not. You know, some companies that’s three, four, $500 to have replacement cost coverage. Others determine me anyway. And if it’s really not a lot of money, I would suggest not saving money on that. But Home Insurance Tulsa , and just go ahead and take the replacement cost coverage and then you get replacement cost coverage for everything you have and a actual cash value for or everything you want to replace the national cash value for everything else. And you don’t have for places. Yeah, you got that old guitar in the closet. When you replace that, I dunno. So that is why you need a professional insurance agent to advise you and help you walk through these days. Because this could either be something to save you some money or it could be a place, Home Insurance Tulsa , or maybe you spend a little extra and have better coverage.

So that’s up to you. But when it comes to home insurance, salsa, get a professional insurance agent. The problem is when people don’t have a professional agent, ma’am, someone new just starting out in the business and they have, um, you know, they just put something on a policy and they can’t explain to you what you have and what you don’t have. Home Insurance Tulsa , and then that’s, that’s when you, that’s when you tend to get hurt as the client. And that’s how why you have insurance. So if you have a good professional insurance agent and a independent insurance agency who can look at different companies for you, then you, um, you can have the best coverage and get the best advice now and ensure you Oklahoma, we have a combined over 30 years of experience in our agency and there’s only two of us. So that’s a lot of experience between two people and that’s how you’re going to get the advice you need and want through a an through independent agents who can shop multiple companies.

We have multiple companies. We have encompass all state farm or farmers, Mercury and Safeco and progressive amtrust. We have a couple of a nonstandard carriers with foremost can’t get the guys back when he called me back, but they’re non standard joking conserve as she does have a little bit of coverage to keep you legal. All right, so that’s, that’s Home Insurance Tulsa , as far as cup would say, that’s all I have to say about that. That’s Today’s ensure you Oklahoma. All original content podcasts. Encourage you to call, ensure you will go home at (918) 322-7100 or (405) 322-5501 or contact us@infoatensureyouoklahoma.com remember the you is the letter u and so we are happy to serve. We look forward to talking to you is shown and having to sit down with the comprehensive insurance review. Until next time, have a great day and a merry 12 days of Christmas if that’s what we’re really in the middle of. I don’t know. All right.