Pay attention to the annual renewal of your homeowner’s insurance policy. Many insurance companies have altered their policies for wind and hail damage.

• Some insurance companies have higher percentage deductibles while others are offering higher flat-amount deductibles. Other insurance companies are also offering repairs on a depreciated basis.
• Homeowners are encouraged to review their policies carefully so they understand whether the insurance company is writing “actual cash value” (cost to replace taking into consideration current age and condition) or “replacement cost” (cost to replace without considering age or condition).

Want a competitive quote for your homeowner’s and auto insurance? Contact Sibcy Cline Insurance Services. They would be happy to provide a quote for you.