As residents of the Harrison, AR area, you know that having the right insurance policies in place is critical to protect your home. Unfortunately, the agents at Foresee General Insurance Agency, Inc., know all too well that homeowners can end up without proper flood insurance due to popular myths. Below we have put tother a list of the most common myths homeowners need to avoid when it comes to flood insurance. 

My Homeowner’s insurance policy provides coverage for floods.

By far, the myth that a homeowner’s insurance policy will provide coverage for flooding is the costliest myth out there to homeowners. Flood coverage is a separate policy that homeowners must purchase. Too many homeowners make the mistake of assuming they have coverage only to find out they have no coverage after a devastating flood. 

I do not live in a flood zone, so I do not need flood insurance.

Another costly myth is believing that your home is not located in a flood zone, so you do not need flood insurance. Over the years, floods in areas not located in flood zones have seen an increasing amount of floods that have devastated communities. If if you are not in a flood zone, you should still consider a flood policy. 

I will wait until flooding is likely, and I will purchase a last-minute policy.

Unfortunately, waiting until the last minute to buy flood insurance is not a viable option. The majority of policies have a 30 day waiting period before coverage is effective. If you have concerns about flooding, do not wait to act. 

The federal government will pay for the damage.

FEMA may offer funds in specific cases, but it is not guaranteed, and it can be a complicated process. If you are concerned about flooding, do not rely on the government for protection. 

If you would like to learn more about flood insurance, reach out to Foresee General Insurance Agency, Inc., and speak with us today. We proudly Harrison, AR serve the area.

If you live in a condo, you need to have a specific type of insurance that is different from regular home insurance. Someone at Foresee General Insurance Agency, Inc. of the Harrison, AR area can assist you. Here are some key points that you should keep in mind in regards to their differences.

You Own Different Parts of the Property

When you’re a homeowner, you own your entire house and the land that it’s on. With a condominium apartment, you only own parts of the building. The homeowners’ association has ownership of the hallways and roof as well as other common areas of the building. However, you might be asked to pay for damages that occur outside of your unit.

If damages from wind go beyond the homeowners’ association’s master policy, they may ask you and other condo owners to pay something towards it with your own condo insurance. In this instance, it would benefit you to have umbrella insurance as well since the amount of coverage typically is higher and it covers more risky situations.

Homeowners Insurance Tends to Cover More

On average, a home insurance policy tends to provide more coverage than condo insurance. For instance, if you have a fence on your property that’s been damaged from the wind, your home insurance likely will cover the damages. Pay attention to what’s offered with the master policy and your individual condo insurance to see if it’s a good idea for you to have home insurance on top of that.

Part of this is assessing your belongings and knowing what the coverage limits are if you were to lose any of them. It’s always good to take photos and estimate the value of some of the more valuable items in particular. Then you can go from there to determine how much extra coverage you’ll need.

Achieve greater peace of mind when you are prepared with the right type of insurance to fit your situation. Talk to an agent at Foresee General Insurance Agency, Inc. of the Harrison, AR region. Reach out to us today for more information.

In life, there are many things that we can control and somethings that we cannot. While it would be amazing to live forever, unfortunately, that is not a wish that can be granted. It is vital to make sure that before we pass away, we do our absolute best to alleviate as much stress from our family and loved ones as we can. This is why life insurance is so important to focus on sooner than later. 

Foresee General Insurance Agency, Inc. is based in Harrison, AR, and has served the local community for many years providing many types of the necessary insurance to the residents. It is important to make sure that the community and their families are taken care of in every way possible legally just in case an unfortunate situation occurs and help is needed. 

Focusing on life insurance is imperative as it makes sure to help your family cover certain expenses after you pass away. While they are grieving, with life insurance, your family will be able to have some relief when it comes to how the funeral costs will be covered. Expenses that are necessary to preserve anything that they believe is important to remember you by, monthly bills such as rent/mortgage and taking care of kids can be handled easier when investing in life insurance sooner than later. 

Would you like to speak to one of our agents about your life insurance options today? To reach us by phone in our office you can call us during business hours at (870) 391-3723. Our agents at Foresee General Insurance Agency, Inc. are ready to work with you to find a policy that meets your needs in the Harrison, AR area.