What Home Insurance Do I Need for a Second Home?

The things to consider when insuring your vacation home are whether you will leave it vacant, someone will stay there when you are not there, and if you will rent it out. Most vacation homes require separate home insurance and flood insurance.

Insuring a Vacant Home

This is something that not everything knows about. There is a possibility that a regular home insurance policy will not cover a vacant home. Ask your agent at GTW Insurance serving NE Arkansas to check your policy language.

There is a difference between a vacant home and a home that is unoccupied. Usually, a home that still has furniture in it, is not considered vacant. Sometimes, there is a time limit of a certain number of consecutive days that a home is allowed to be vacant before home insurance coverage is lost. There are special insurance policies specifically designed for either a vacant or unoccupied home. Ask your agent to help you find the appropriate coverage for your circumstances.

Using a House Sitter

It may be a good idea to use a house sitter instead of taking the risk of leaving a home unoccupied. Be aware that employing someone creates a commercial relationship and this affects insurance coverage. Depending on how many people you employ you may want to get worker’s compensation insurance to cover them if they get injured while on the job. Arkansas’ law requires worker’s compensation insurance if you hire three or more workers. Discuss this with your insurance agent.

Renting Out Your Vacation Home

When you rent out your vacation home, this changes the use of the home to a commercial use. For this purpose, you need special rental home insurance and other types of commercial insurance coverage.

Contact your agent at GTW Insurance serving NE Arkansas by calling 800-501-2066 or by using the convenient online form to get an insurance quote.

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.

Does My Homeowners Insurance Policy Cover My Dog?

We can’t deny the fact that home insurance policy is essential. Your home insurance policy not only protects your investment but also protects you from potential financial if other people sustain injuries while visiting you. However, it is always good to have a detailed conversation with your GTW Insurance agent before choosing your insurance plan. This will ensure that you get the right policy plan that caters to your unique needs. So far, the biggest worry among homeowners in NE Arkansas is whether their standard homeowners’ insurance policy covers their dogs. Read on to find out.

Does Home Insurance Cover Dogs?

The first thing you need to understand is that there is a big difference between coverage for a dog and liability coverage for the acts of your dog. Typically, your standard home insurance policy will not cover your dog as a family. For instance, you can’t use your home insurance policy to treat your dog if it falls sick or if it is injured. In this case, you will need to purchase a pet insurance policy that will cover your dog’s health.

When it comes to liability coverage for property damage and bodily injury that your dog causes to other people, your standard home insurance policy may cover you depending on your dog’s breed. This coverage will also depend on the specifics of your home insurance policy, the company that insures you, and it will also depend on where you stay.

If your insurance agent asks you whether you own a dog at the time of applying for the insurance policy, it is always good to be honest. You need to keep in mind that any misrepresentations on your policy application may void the policy or result in denial of coverage in the event of an insurance claim.

Are you a homeowner in NE Arkansas? Contact GTW Insurance today for your home insurance policy.

Safety Features That Save on Home Insurance Costs

When paying your home insurance (or looking at the payment in your monthly mortgage payment), you may wonder if this is the price you will be locked into paying for the foreseeable future. Truth be told there are ways to reduce your home insurance costs without going into a lower grade of coverage. Thanks to several safety features, you’ll lower the chance of a break in and extensive fire damage. At GTW Insurance, we want to make sure your NE Arkansas home is well protected while you save money along the way.

Security System

A security system reduces the chances of you being robbed. Even if you are, the security information can help track down your stolen goods faster. This is good news for both you and the insurance company. As you are less likely to be the recipient of a break in, your insurance company may reduce your insurance costs.

Fence

A fence is a great way to protect your property and give a border to where your property ends and where your neighbors begin. Whether you go with a chain link fence, cast iron or wood, fencing protects your home, so consider telling your insurance agent after installation is complete.

Smoke and Fire Detectors

You can integrate these into the home security system or simply have devices installed in each room. However you do it, these can both save a life and save you money.

These are just a few of the ways you may be able to cut down on the cost of your home insurance. If you are interested in other options, we at GTW Insurance can help. So whether you live in NE Arkansas or a surrounding area, we want to assist you with all your home insurance needs.

4 Tips For Saving On Home Insurance

There’s absolutely no reason to spend more on home insurance in NE Arkansas than what is absolutely necessary. Many people don’t even realize exactly how much their premiums are because they get hidden inside of escrow payments. However, if you lower your home insurance premiums, you lower your escrow, and therefore you lower how much you pay on your mortgage payment every month.

Get All Insurance from 1 Company

When you live in NE Arkansas, home insurance might not be the only type of insurance you need. You may also need auto, RV, life, and more. Rather than getting policies from different companies, get them from one. Companies reward loyalty in the form of discounts on your premiums.

Secure Your Home

Adding a security system reduces the likelihood of your home being broken into. This shows the insurance company that you are trying to deter crime – and you can usually get an insurance premium savings because of it.

Compare Rates

Take the time to compare rates from at least three different insurance companies. You may be surprised by how much the same level of coverage varies from company to company. The cheapest rate isn’t always the best, either – you want to get coverage from a company you can rely on.

Get Help from an Agent

It’s a good idea to work with an independent insurance agent. The difference is that an independent agent does not work for one specific insurance company. At GTW Insurance, we work with some of the top insurance companies across Arkansas, providing you with more options. It also allows you to get quotes and make better comparisons.

Getting help with home insurance is easier than you might think. Contact us at GTW Insurance to get quotes today. Our agents will be happy to help you every step of the way.

 

 

How the humidity can harm your home in NE Arkansas

NE Arkansas is a beautiful place to live, the Winters usually aren’t so bad, though the Summers can be a bit extreme. One thing that will never happen to you while you’re here: You’re not going to dry up. You scarcely need to moisturize your skin, and plants that demand a lot of moisture thrive here. The humidity has its upsides and downsides, of course. For instance, it can do some serious harm to your home.

The major concern is, of course, mold. If you live in California or Texas, you’re probably only going to have to make a GTW Insurance claim for mold repairs if you’ve allowed a leak to go on a little too long without being checked. In NE Arkansas you’re looking at mold damage just because your basement is a little stuffy.

The best way to prevent serious mold damage is to make sure that your home is well-ventilated. Make sure every room in your home, especially basements, attics, and bathrooms, can "breathe." Install windows and vents where they’re needed, consider investing in a good HVAC system, and a few room fans to keep the stuffier rooms aired-out during the hot, humid Summer months.

You will also want to make sure to keep an eye out for leaks. You’ll want to do a routine check every now and then to find leaks in your pipes. Anytime you feel dropped water pressure in the shower, for instance, you may want to look at your pipes.

With proper maintenance, you might never have to make a mold damage claim on your coverage through GTW Insurance.

Why Home Insurance Makes a Difference

Your home is an emotional investment as well as a financial one. It’s a well-known fact that construction workers enjoy working on commercial properties much more than residential ones because homeowners just tend to be a lot more persnickety for the place where they raised their children or proposed to their spouse. Home insurance is that safety net that allows you to keep and rebuild the place that you love so much, and it can truly make the difference in times of crisis. 

Expectations and Reality 

Natural disasters happen everywhere, including NE Arkansas. We all know this, but the practical nature of those accidents are typically pushed aside in lieu of the more pressing events of the day. We would drive ourselves crazy if we always had to be constantly on edge for the next horrible thing to happen, and we would probably limit our productivity throughout the day too. The problem is that GTW Insurance knows this type of thinking lures us into assuming we’re safe, when really we know that reality means that circumstances can change in the blink of an eye. Home insurance makes a difference because it can make sure that we don’t end up in a situation we can’t get out of when things go wrong. 

Finding the Right People 

In NE Arkansas, you need someone who can walk you through the many parts of home insurance. There’s a lot to remember and consider, and having someone who can actually explain why you need a certain policy can really help you feel better about your choices when you make your final decision as well as your future should something go wrong. Give GTW Insurance a call today to find out more about how we can make it easier for you. 

 

Make Sure Personal Belongings are Insured

When people in NE Arkansas are looking for home insurance, making sure the structure of the home is covered is the first step. In addition, people should make sure that their personal belongings inside the home are covered as well. Items such as electronics and furniture are costly. Therefore, they should be covered by a home insurance policy. Should any of these items get damaged, an owner can save a large amount of money by filing a home insurance claim.

First of all, many people automatically assume that the home insurance policy will cover the personal belongings. This simply isn’t true. Most companies will not cover personal belongings unless the owner specifically acts for it. Ask the company for home insurance options that cover personal belongings. This should not be a facet of home insurance that is overlooked.

Next, it is difficult to decide how much coverage is necessary unless someone takes note of what is there. Furthermore, in the event of a claim, a company will want proof that the item was actually present. While a receipt is helpful, photo proof is more important. Use a camera to take a photo inventory of the valuable items in the home. The next step is to tabulate the total value of these items. This will help decide how much coverage is necessary for these items.

Finally, people need to know what items to cover. While furniture and electronic devices are easy catches, clothing and jewelry are also very expensive. In addition, many people have a home gym filled with expensive equipment. Tabulate these items in the inventory search. These are expensive items that demand coverage.

While people in NE Arkansas should make sure their home is covered, do not neglect the valuable items inside the home. People would be in for a rude awakening when they realize how expensive these items are. Make sure the home insurance policy covers these items. Contact GTW Insurance today to find out more information. 

7 Essential Hacks for Organized Closets

Are your closets in such disarray you’re having a tough time getting for work in the morning? Get that mess organized with these essential hacks.

Hack #1 – Put Up Some Pegboard

Put up a bit of pegboard in your closet. Choose the size that best fits your closet at a local hardware store. Once you install it on the wall, you can add some rods and hooks to the pegboard, making it a great place to hang up your jewelry, scarves, and handbags.

Hack #2 – Purchase Tiered Hangers

If you have too many clothes for your closet, purchase some tiered hangers. They allow you to hang multiple garments at once, helping you to save some space in the closet.

Hack #3 – Add Shelves

Do you have some available vertical space in the closet? Add some shelves. Then you can add baskets or boxes to the shelves to store items effectively.

Hack #4 – Include Shelf Dividers

Make your own cubbies and nooks using shelf dividers on your shelves. This offers a perfect spot to store folded stacks of clothing.

Hack #5 – Add Another Closet Rod

Adding another closet rod to the closet at a lower level offers a perfect way to store more hanging clothes. You can easily hang up shorter items, such as crop tops, short skirts, and shorts.

Hack #6 – Install a Curtain to Replace the Door

For a small bedroom, consider installing a curtain to replace your door. It will make it easier to accommodate everything in the closet while adding a little extra space in the room.

Hack #7 – Invest in a Shoe Rack

Shoes can take up a lot of space in the bottom of the closet. Invest in a shoe rack that goes over the door to use up that space.

Now that your closets are organized, make sure you have the insurance you need to keep your home protected. Learn more about your options from GTW Insurance today.

 

Ways to Get Your Kids to Help in Spring Cleaning

With the warmer weather comes the perfect time to clean your home. It opens up a world of opportunities for you, but you probably need some help with the cleaning. If you have children, chances are they contribute a large portion to the dirt and grime that has built up around the home. This is why at GTW Insurance we have a few recommendations for how you should bring your children into the fold and propel them into helping clean your Imperial, MO home. 

Monetary Reward

It really is true that money talks. No way around it. Your children are far more likely to help and to put in a solid effort cleaning the house when they believe money is at the end of the job. Now, depending on your child and their age, maybe just a dollar or two works out. It just depends on how much you want to pay them. However, for children without a job, offering a few bucks to help is worth it. 

Make a Game Out of It

There are plenty of ways to make a game out of it. See who can clean wash one floor faster than the other (as an example), then each winner receives a point. Have several different rounds and different cleaning "challanges." The winner is able to do something special, like pick out a restaurant for dinner or maybe receive a bonus on their allowance. Making a game out of it works exceptionally well for younger children. 

Offer Something They Don’t Have

It can prove a bit more difficult to motivate older children. However, as the adult, you have items they want. Maybe you can offer to drive them to the movies with their friends, or allow them to borrow the car. Always use leverage.