When is a Fence Covered By Home Insurance?

Replacing a fence can be costly. This is why it is so important to know whether you are responsible for replacing your fence or whether your homeowner’s insurance will cover any damage or a possible fence replacement. At Wellspring Insurance Network Inc. serving Frederick, MD, we want to help you understand when a fence may be covered by home insurance. Here are three scenarios in which a fence would be covered. 

Due to a Falling Tree

If your neighbor’s tree falls on your fence, or if a tree from your yard falls unexpectedly, the damage done to the fence or the cost to replace the fence may be covered by your homeowner’s insurance policy. The only time damage from a tree is not covered is if the tree collapsed or damaged the fence due to your neglect, such as failing to trim back your tree. 

Thanks to a Storm

Another common event that can damage your fence is a storm. Heavy rains or strong wind gusts can knock a fence over. If your fence topples due to a storm that has passed through, and your fence was otherwise in relatively good shape, homeowners insurance may pay for repairs or the cost to replace the fence. 

When Vandalism Is Involved

The final reason a fence may be covered by home insurance is due to vandalism. If someone spray paints your fence, the repair, cleaning or replacement costs may be covered by your homeowner’s insurance policy. 

Many homeowners do not realize everything that their homeowner’s policy may or may not cover. Here at Wellspring Insurance Network Inc. serving the greater Frederick, MD area, we are committed to helping homeowners understand the ins and outs of their homeowner’s insurance policies. Call us now with any questions you may have or to obtain a price quote for a new policy. 

Home Insurance Facts Every Homeowner Should Know

As a new homeowner, it’s important you understand the ins and outs of home insurance and the protection it provides. Learning the basics is key to getting the right insurance coverage. At Wellspring Insurance Network Inc. we can explain how home insurance works and answer questions you may have about coverage and costs. Here are some facts you should know before buying a policy for your Frederick, MD home.

Areas to Cover

A good home insurance policy will cover your dwelling, personal goods, liability, and living expenses if you can’t occupy the home due to a disaster. Your coverage should be enough to rebuild your home, if necessary, replace your goods, safeguard you against lawsuits and cover the cost of living elsewhere while home repairs are being done.

Replacement Value vs Cash Value

Cash value coverage pays for the value of personal goods minus depreciation, which may be insufficient to replace your property. Replacement value coverage provides funds to replace everything that’s stolen or lost in a covered peril, saving you thousands of dollars out of pocket. You’ll pay more for replacement value coverage but the protection you receive makes up for it.

Claims Handling

Make sure you understand and agree to how your insurer handles the claims process. Some companies pay for losses upfront; others pay a fraction and make you wait for the rest. Some pay for all personal property losses while others only pay for the items you replace. Discuss the claims process with your insurer before signing on the dotted line.

Extra Insurance Coverage

If you own pricey goods, you may need extra insurance to fully protect these valuables as the limits of a standard homeowner’s policy may not cover what these goods are worth.  

For customized home insurance coverage at reasonable costs, contact Wellspring Insurance Network Inc. in Frederick, MD.

How Homeowner’s Helps after Disasters

An unfortunate reality of owning a home is the need for constant disaster preparation. Severe weather and other unforeseen events are the biggest and most likely risk for significant damages to a piece of property. Wellspring Insurance Network Inc. serves Frederick, MD and the surrounding areas, giving personalized coverage that factors local issues and regulations into homeowner’s insurance policies. 

The best form of protection against a disaster is the right kind of homeowner’s insurance. This particular kind of coverage will factor the value of your home along with a deductible to cover expenses in the event of various kinds of structural damage. This is especially important because features such as the roof, windows, and the exterior of the house are often the most commonly damaged items from severe weather, yet they can also be costly to cover out of pocket. Once the cost is verified by an adjuster, an insurance company will give a check that covers the amount of damage beyond your personal deductible. The state of Maryland has more specific information about local coverage laws. They also recommend being prepared for specific threats to the state such as wind damage and hail, which tend to happen regularly.  Consumers can also check for information about what factors tend to cause rates to change or how to compare different kinds of coverage.   

For more information about protecting your home from a disaster, please contact Wellspring Insurance Network Inc. Experienced professionals who are familiar with the Frederick, MD area are ready to explain coverage options and offer a personalized plan for your home that will keep your investment safe and provide financial help if necessary.  

3 Reasons You Need a Home Inventory

A home inventory is a written or digital account of your personal effects along with documentation of their value. Inventorying your personal effects enables you to keep better track of your goods and keeps you up to date on your financial assets. Here are a few ways in which a home inventory can be to your benefit.

Personal Organization

If you’re like most people, you probably own quite a bit of material goods, making it difficult to remember them all. A home inventory helps you organize these goods digitally or on paper, so you will have an accurate account of your personal effects. Your inventory should include a list of your belongings, a brief description of each, date and place of purchase, receipts (if you have them) and photos that verify their condition and value. If anything should happen to your property, you can use this document to verify ownership and recuperate items that are lost or stolen.

Estate Planning

A home inventory can be extremely helpful in estate planning. Rather than go through every item in person, you can refer to your inventory when deciding what items to bequeath to family and friends and what items to donate after you’re gone. A well-organized inventory puts important information concerning personal assets at your fingertips when you need it most.

Insurance Claims

Home inventories can help simplify insurance claims. In the event of theft, damage or loss of personal goods from your home, you can present your inventory to an adjuster from Wellspring Insurance Network Inc. in Rockville, MD to verify your loss. Having your valuables documented for proof of ownership and value makes it easy to file your claim and recuperate your losses.

For more information on how to make and use a home inventory, contact us at Wellspring Insurance Network Inc. in Rockville, MD.

Keeping your home safe from fires

A fire can damage, or even destroy your home in a very short time.  It is a good idea then to do all you can to prevent fires, and if you take some precautions, you will significantly reduce the chances of a fire developing. The Wellspring  Insurance Network in Rockville, MD offers these suggestions for making your home safe, and for preventing fires.

  • The smoke alarm. Almost all homes have smoke alarms, but they are operated by batteries that can go bad. These should be checked yearly, or maybe every six months just to make sure. A consumer Protection Agency report says 65 percent of deaths in home fires happen in houses without a working smoke alarm
  • Extension cords are another hazard that can be easily prevented. Often they are used in homes, and they should be inspected regularly to make sure there is no excessive wear or exposed wiring. Also make sure there are no papers or other flammable material around cords.
  • Fire hazards. Removing fire hazards is obviously the best way to prevent fires, but they are not always obvious. It is a good idea to inspect your home regularly, and to look for anything that could be a problem. A cord getting worn, gas or other flammable liquids left out are just a couple of things to look for.
  • Keep a fire extinguisher handy. Make sure these are in working order, and that everyone in the home knows how to operate them. This can stop a small fire from spreading and prevent major damage before it gets started. 
  • Heating. If you use portable heaters, make sure you turn them off when you go to sleep.  It is also important to keep paper or cloth products away from them so they do not start a fire. 

Use these tips to prevent fires in your home. Come by, or call the Wellspring Insurance Network in Rockville, Md to make sure you have the coverage you need for your home.

Prepping Your Home For Fall

With each changing season comes an opportunity to take care of your home and prep it for the changing temperatures and changing season. Even if you love fall and cannot wait to go out and enjoy everything that comes with it, you will want to make sure you take care of your home first by taking care of these few things presented by Wellspring Insurance Network Inc. serving Rockville, MD. You will thank yourself later.

  • Get your heater examined. If you plan on using your heater this winter, go ahead and get it looked at to make sure nothing is wrong. Many people take this opportunity to get maintenance done on it before they will need it later. You will also want to change the filters in it at this time.
  • Winterize your pipes. If you happen to have outdoor pipes or an irrigation system, you will want to get them winterized before the first cold snap of the winter. Winter will come quickly and you will want to have those winterized so you do not have a bigger problem.
  • Clean out your gutters. When the leaves fall, they can start to clog up your gutters which is never fun. Clean them out after the leaves have fallen so you do not have to deal with that later in the cold.
  • Make sure you have a great insurance policy. Your home is an investment and a good insurance policy is a great way to protect it. Take a look at it now to ensure there are no gaps in coverage.

if you do not have a home insurance policy, be sure to contact Wellspring Insurance Network Inc. serving Rockville, MD. They can even take a look at your current policy if you do have one to ensure there are no gaps in coverage.

How to protect your most cherished possessions

   If you’re like most people, there are certain items you own that you can’t imagine ever losing—possessions you deeply cherish or those that would be impossible to replace due to the cost of re-purchasing them or simply because they’re irreplaceable. While your homeowners insurance is invaluable for covering the loss or destruction of many of your belongings (as well as damage to your home’s structure), your policy might provide only partial coverage for your most cherished items. The good news is that you can still protect the things that matter to you most, even if they’re not fully covered under your homeowners, with a scheduled personal property endorsement that is tailored to meet your specific needs.

Not an easy name, but it can help you sleep better at night. A scheduled personal property endorsement is not something that everyone talks about, but we at Wellspring Insurance Network Inc. can help you determine if it would be a good fit for you. The first step begins with you. Look around your home and make a list of your cherished possessions. Be sure to consider the following:

 – Jewelry                                                                                                                    
 – Antiques
 – Art
 – Collections
 – Musical instruments
 – Silverware/China
 – Autographed items
 – Rare or one-of- a-kind items

Once you have taken an inventory, make the time to talk with us. We are always here to help you determine whether if your prized possessions need more coverage than your current policy provides. Please keep in mind that it is wise to complete an inventory every year or so, because it’s easy to acquire new items over time that should be added to a scheduled personal property endorsement. It could be tragic to find yourself in a situation rendering you unable to replace what matters most to you.

At Wellspring Insurance Network Inc., we can work with you to make sure you’ve got the coverage you need, while at the same time using all possible credits and discounts to make that coverage affordable. Just give us a call at (240) 848-0355 or send us a note at BryanMorris@WellspringIns.com . We want to help you meet your goals, and make sure what’s important to you is protected!

Engagement Ring

Re-Purposing Cleaning Supplies

The need to a clean house often leads to an overflowing under-the-sink cabinet of cleaning supplies. There are ways to repurpose some cleaning supplies to help keep excessive trash out of the landfill while saving you time and money. Keep in mind that cleaning solutions should always be kept in their original bottle or thrown out with the bottle. The following list is made up of ideas of ways to repurpose cleaning tools.

  • Reuse all-purpose, heavy duty spray bottles that never had bleach or ammonia in them. These bottles can be reused to make natural cleaning solutions, air freshener, or stain remover.
  • Use glass vinegar bottles for all-purpose, natural cleaning solutions.
  • Use small containers to mix natural scouring pastes using baking soda and salt.
  • Use old cleaning rags to clean the lower trimming on the walls.
  • Store all cleaning supplies in an old mop bucket to save space under the sink.
  • Cut up extra sponges for the kids to paint or put in a small plastic container and saturate with paint to use as a stamp pad.
  • Share cleaning solutions with a neighbor or friend. Not only will this save money and space for both families, it will ensure that the cleaning solutions are used up.

Helping to take care of the earth is great. Come in to Wellspring Insurance Network Inc. to take care of your home. Experienced agents will help you get a new home insurance policy or review the one you have. The company serves Rockville, MD. Trust the company that will help you get the insurance coverage you need and knows that each state has its own insurance laws and coverage.

A Time to Celebrate Mothers

 

 As the second Sunday of May nears, it’s time to think of ways to celebrate mothers – although, of course, that’s a worthy pursuit at any time of year!

At Wellspring Insurance Network Inc., we thought it would be fun to give you a little of the history behind Mother’s Day, as well as a few ideas to honor the special women in all our lives.

Ancient beginnings:

According to MothersDayCentral.com, the ancient Egyptians held an annual festival to honor “the mother of the pharaohs” . This is one of the earliest historical records of a society celebrating a mother.

How Mother’s Day came to be in the U.S.

In 1870, Julia Ward Howe, a social activist and poet (and author of the lyrics for “The Battle Hymn of the Republic”) had became distraught by the toll of the Civil War. She issued a “Mother’s Day Proclamation” that year, calling on mothers to protest the killing and create a day celebrating peace and motherhood. Howe’s proclamation did not result in a national Mother’s Day, but in 1908, Anna Jarvis of West Virginia took up the cause. She wanted to accomplish her mother’s dream of making a celebration of all mothers. By 1909, more than 40 states were holding Mother’s Day services, even though it was not a national holiday.

In 1912, according to Wikipedia, West Virginia was the first state to officially observe Mother’s Day. Jarvis continued to promote the day until President Woodrow Wilson made it an official national holiday in 1914.She later regretted creating the holiday, believing that it had become too commercialized.

Enough with the history – where are the gift ideas?

Like us at Wellspring Insurance Network Inc., we know you might have more urgent concerns on your mind, like last-minute shopping, so here are the most popular Mother’s Day gifts, according to MothersDayCentral.com.

image1 (1)Flowers

Gift baskets

Personalized gifts

Jewelry

Perfume

Spa gifts

Magazines

Of course, perhaps the best gift of all is getting in touch and letting the moms in your life know just how much they mean to you. Happy Mother’s Day!

 

 

 

 

 

 

 

Every Room Can be Protected From an Emergency

Protecting your house from an emergency is important, and there are many different ways you can get that protection. Most people think about storm doors, strong windows, outside lighting, and dead bolts, but those aren’t the only ways you need to protect the place where you live. Inside each room there are things you can do, as well. For example, do you have a fire extinguisher in the kitchen? How close is that extinguisher to your fireplace? Are there carbon monoxide detectors in your home?

These are all important questions you need to ask yourself, so you can make sure your house is protected from some of the most common problems that can develop. It’s also important to have emergency lighting in each room. That can be from flashlights, flameless candles, battery operated lanterns, or other reliable options. These lights should be checked periodically, and extra batteries for them should be readily available. Standard candles and oil lanterns may become fire hazards, and should generally be avoided. Don’t forget the first aid kit, extra food and water, and emergency contact numbers, too.

Another way to protect your Rockville, MD house is to find home insurance through Wellspring Insurance Network Inc. By doing that, you know that a loss will be covered and won’t send you into financial ruin. Not having enough insurance, or not having the right kind of insurance, can mean that a significant loss to your home won’t be covered, and you will have trouble rebuilding or repairing the damage so you can have a safe, comfortable home again. When you take steps to protect your home the best way possible, you can have peace of mind and feel prepared for any emergency that comes your way.