What Impact Has Covid-19 Had Upon Homeowners Insurance?

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What Impact Has Covid-19 Had Upon Homeowners
Insurance?
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• The current health crisis has affected us all in
  myriad different ways, and many of us have
  unanswered questions related to a wide range of
  industries. The insurance industry has of course
  been impacted upon by Covid-19, and you might
  have some questions about how it has affected
  your homeowner insurance. Here are some of those
  questions answered
• Do I need to buy more homeowners coverage because
  of the pandemic?
• It would be wise under the current circumstances,
  to reach out to your insurance provider for a
  review of your existing policy. Homeowners
  insurance doesnt cover pandemic exposure, but if
  your circumstances have changed as a result of
  Covid-19, then you might require additional
  coverage.

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• Covid-19 wont have affected the structure of
  your property, but if youve been working from
  home and may continue to do so for the
  foreseeable future then reassessing your
  coverage of personal property and of liability,
  makes a lot of sense.
• How might Covid-19 affect my home insurance
  claim?
• The advice given by experts is to file your claim
  if you have one but be prepared to wait longer
  than usual for it to be processed. With social
  distancing measures in place, many insurers have
  closed their office doors to the public and are
  now using a variety of digital tools to process
  and pay claims.

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• What about the cost of my homeowners insurance?
• Experts continue to predict that the cost of a
  homeowners insurance policy will not see any
  significant changes in the future, but again, a
  conversation with your insurance agent might help
  clarify the issue for you.
• What do I do if I cant afford to pay my
  insurance because of the virus?
• There are several options available if you find
  yourself unable to pay your homeowners premium
  and checking with your states Department of
  Insurance to see if theyve offered any
  assistance, might be your first port of call.

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• Some insurance providers are also offering
  support for their clients struggling to make
  payments, so reaching out to them would also be
  advisable.
• However, the most important thing to keep in mind
  is that you should avoid simply not making a
  payment this could have a drastic effect on your
  policy and cause you to be unprotected in the
  event of an incident or emergency. Your insurance
  provider will be there to advise you, and while
  this currently cant be done in person, all are
  available online or on the telephone during these
  difficult times.

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• Many industries are experiencing changes to the
  way they usually do business, but by being
  patient and understanding that we are all simply
  trying to do our best, youll get the help and
  advice you need if you have any questions about
  your homeowners insurance coverage.
• We Insure Miami was founded on the principle that
  every individual and business, big and small, has
  assets and valuables that need to be protected
  and insured against forces outside of our
  control. We offer Auto, business and homeowners
  insurance in miami FL. Our agents understand that
  you work hard every day to protect your car,
  home, business and family. WE are passionate
  about Insurance and passionate about serving you.
  If you are looking for home or business or auto
  insurance in miami FL, contact us for a quote or
  a complimentary review of your insurance policies.