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Factors That Affect the Price of Homeowners Insurance

Factors That Affect the Price of Homeowners Insurance

Question: My neighbor and I have the same size house – it’s even the same floor plan. Why is their insurance less than mine? Answer: Even if your floor plan is the same, every homeowner’s specific situation is unique. There are many things that factor into the

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Home Insurance and Property Taxes

Question: My tax statement lists TAXABLE value of $231,000 and MARKET value of $235,000, but my insurance policy shows a dwelling amount of $263,000. Why is my home insured for more than it’s worth? Answer: Mike Honea Agency uses an approved Replacement Cost Estimator which uses the data

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