Why Do I Need Home Insurance?

When you make the decision to buy a house in NE Arkansas, you are making a huge commitment. Not only is a home a sound financial investment, but it is also an investment in your family’s future. You will want to do everything humanly possible to safeguard it, which is why home insurance is a must. You will only benefit from protecting your home. Here are a few reasons to contact GTW Insurance for more information on home insurance:

Protect Investment

Many unforeseen situations can be covered under your home insurance policy. If you are faced with a robbery or theft, the insurance will help to recoup the cost of damages to the house and loss of items. It can also protect you in the event of a natural disaster, such as a flood, tornado, or fire. Homeowners insurance will cover repairs, so that you save the money that would have otherwise come out-of-pocket.

Reduce Stress

When you have a safety net, like home insurance, the anxiety that comes with worrying about potential disasters will disappear. You can be confident in knowing that you have gone to great lengths to ensure that your investment and family are protected. Without this stress on your mind, you can focus on the things in your life that really matter.

Lender Requirement

In some cases, a mortgage lender will require that you have at least the minimum coverage under a home insurance policy before you can take out a loan. The reasoning for this is that the the home is the lender’s collateral, so they will want to make sure the house is covered in case of potential damages.

Suddenly having such a big investment to take care of can feel overwhelming. You can rest assured, however, that if you have homeowners insurance, your house will be covered if a catastrophic situation arises. If you are interested in getting homeowners insurance for your NE Arkansas home, be sure to contact GTW Insurance for more information.

What Do I Do if I’m in a Car Accident?

Getting into a car accident in NE Arkansas can be quite a traumatic ordeal. If you have never been in a situation like this, it can be difficult to know what to do when it does actually happen. It can be easy for the shock of the incident and subsequent nerves to take over. The most important thing to try to remember is to keep calm, so that you take away all of the right information for when you call GTW Insurance when reality settles back in.

Here is what you should do if you are involved in minor accident:

Take Pictures

Regardless of whether there appears to be visible damage to either car, take pictures of where the impact hit each vehicle. This way, if the other driver says there is a dent where there was not, you can prove it with photographic evidence. The same goes for if there is anything wrong with your car and the other driver claims that there was no damage to your vehicle. These photos can save you a lot of time and arguments.

Exchange Insurance Information

Be sure to take down all of the other driver’s insurance information and be completely open to giving him yours. You want to remain cordial at this time to prevent any unnecessary or additional stress to either of you. Having this information will give you a point of contact for your insurance company to communicate with the driver and his insurance company.

Call GTW Insurance

Once you are finished at the scene of the accident and settle at a safe location, call GTW Insurance to relay the information about the incident. Be sure to reiterate every detail that you can remember. At this point, they will ask for the other driver’s information and you will be able to send over the photographs you took at the scene, as well.

In the Event of Injury

If you are injured in the accident, if you are able to, do all of the above, as well as take pictures of your injuries. You will need to accurately describe what happened to the insurance companies and a doctor for the appropriate medical treatment.

Car accidents are never fun, but having an auto insurance policy will greatly reduce the stress and financial burden if you are involved in one. If you are located in NE Arkansas and interested in more information regarding auto insurance, please contact GTW Insurance.