The benefits of home insurance in Michigan

Choosing the right amount of home insurance in Michigan can be tricky. There are a number of variables to keep in mind to get the right package for you and your family. There are some key points to keep in mind that will make the choice easier. Home insurance can be a bit of a mystery, especially if you’re a first time home owner. Fortunately, it’s not that complicated, you just need to keep a few points in mind. That is why E & Y Insurance Agency has come up with some effective tips for finding the most homeowners insurance!

How much home insurance do I need?

So, how much home insurance do you need? The simple answer is that you need enough insurance to cover the cost of rebuilding your house should it be damaged beyond repair due to fire, explosion or other damage. However, it’s important to realize that the cost of rebuilding isn’t the same as the resale value of your home.

For one thing, your resale value would include the cost of the land your home is built on, but the land will not likely need to be replaced. On the other hand, the construction of a single home may cost somewhat more than a typical builder’s cost to build a series of homes, since the builders can minimize costs for materials and labour by building homes in larger groups at once.

Remember to consider the cost of any upgrades you’ve made that may affect your replacement cost, such as upgraded kitchens and bathrooms, finished basements or additional insulation and energy efficiency measures.

Why choose E & Y Insurance Agency?

The answer to this is simple. We proudly service residents from all over Michigan, from places like: Auburn Hills, Stirling Heights, Troy, Rochester Hills, Madison Heights, Pontiac, Royal Oak, Birmingham, and many more! We also offer a wide range ot tax services that includes: tax preparation, tax assistance, income tax filing, and corporate tax filing!

For more information about homeowners insurance, auto insurance, or business insurance, please feel free to contact E & Y Insurance Agency at 248-671-6558.