Brown & Brown targets customers whose primary residences are worth between $300,000 and $5 million or more in replacement cost value. Brown & Brown can provide you with multiple options for insuring your primary residence, vacation homes, rental property, farms, ranches or in-home business.
Undervaluing the replacement cost value of your home's contents is easy to do and one of the most common mistakes people make. As you look from room to room in your home and attempt to add up what it would cost to newly purchase each item you see, you might begin to understand why your contents coverage limit might easily need to be 75% - 100% or more of the limit you choose to insure your home for.
Don't forget Flood Coverage. Your home is almost 26 times more likely to be damaged by flood than fire during the course of a 30 year mortgage. Did you know that only 25% of all homes or businesses in areas most vulnerable to flooding actually carry Flood Insurance? Surprisingly, government statistics show that over 50% of all flood losses occur outside of known flood zones.
