Hometown Insurance Agency of Utah Blog

All You Ever Wanted to Know About Insurance

Needing a Homeowners Insurance Quote? Want to SAVE MONEY?

Being prepared with useful information for your insurance agent can save you and them a lot time. Here are a somethings to have on hand:

1. Who lives in the home, their ages, marital status, if you own any animals, how many animals and how long you've owned the home.

2. Do you currently have a homeowners insurance policy, if so, who is your current policy with, when does it expire, it is paid in an escrow account or directly by you, have you ever had a claim filed on with your insurance carrier, when and how much was paid out and what are your current coverage amounts.

3. Have you made any home improvements such as replacing the roof, plumbing or electrical and if yes when. Is the home currently under construction, are you finishing the basement?

4. What type of house do you have? What year was it built? Do you have central air, what type of heating do you have? How many square feet is your house and your land, do you live in city limits, is there a fire hydrant close by?  How much of the basement is finished, what is the exterior and roof made of? How many garage stalls, how many bathrooms and kitchens, are they builder grade, semi-custom or custom finishes in the bathrooms and kitchen?

5. Do you have any safety devices in the home such as a dead bolt, smoke detectors, security alarm, monitored burglar alarm or fire alarm and are you visible to any neighbors?

It seems like to a lot of questions but the more details you can provide your insurance agent the smoother and easier the process the will be. We want you to have all the proper coverage for your home and your belongings, as well as, the best premium and the most discounts possible. 

Food for Thought about Credit Reports:

It seems that society has bred a culture that is so focused on deletions of negative accounts on a credit report.

We are trying to change that.

The reason for this is because not all negative accounts hurt the scores. So if they're not hurting the scores, then they still have POINT VALUE. In that case, we leave it alone.

The Golden Rule here is: all accounts (except public records such as bankruptcies, judgments, and tax liens) have POINT VALUE, but not all accounts have POINT DEDUCTIONS.

Let that sink in folks. If it's not hurting the scores, then it's actually helping the scores. So when a customer comes to me asking about deletions, I tell them to be careful because deleting blindly can:

1) Cause ones' scores to drop

2) Delete a positive account linked to that 'late' or inquiry

3) May get them in trouble if the creditor decides then that the account is fraud (if it legitimately belonged to the customer and the dispute reason stated it didn't belong to them)

4) Delete the account for a short period of time, and then come back on the report

5) Still allow the creditors/collection agencies to contact customer to collect. Just because it's off the report, does not mean the debt is still not owed. If the account is still within the statute of limitations, it is an even bigger risk because having that account deleted causes the customer to think that they are off the hook.

The best way to know if an account has point deductions is to access your credit reports or your customer's credit reports through ScoreNavigator. Point Deduction information IS the missing link that changes EVERYTHING.

If you or your customers are needing to improve credit scores they should go to www.hometowninsr.com and sign up for ScoreNavigator. If they are also needing a credit card or two to help with that missing link of building positive credit and available credit we offer secured credit cards as well. No minimum credit score required and you/they can obtain up to two (2) per person.

If you have questions, need an insurance review or would like a free quote on your insurance please call us at 435-754-7701.

If you would like a free insurance review of your current policies or a free insurance quote please call us at 435-754-7701. We are your hometown raised, hometown trusted, hometown quality insurance agency. Call Hometown Insurance for all your insurance needs.

180 North Main Ste C

Logan, UT 84321


Email: jill [at] hometowninsr [dot] com

Website: www.hometowninsr.com