Crucial Home Maintenance Tasks

Crucial Home Maintenance Tasks

Are you doing these essential home maintenance tasks? 

Being a homeowner means taking on new responsibilities. From the home’s structure to the HVAC systems, maintenance and upkeep is all down to you. To keep your valuable asset in good condition, be sure you’re doing these crucial (but often overlooked) maintenance tasks.

Clean the lint from around your clothes dryer regularly. By around it, we mean under it, on top of it, behind it, and beside it. It’s also a good idea to take off the hose and remove the build-up of lint from inside there. This should be done at least twice a year, if not more often.

Have your home inspected for termites annually. Termites can wreak havoc on your home’s structure and your wallet. This is especially true since most standard home insurance policies don’t cover termite damage. If your home does have termites, it’s best to resolve the issue quickly.

Install smoke and carbon monoxide detectors. The easiest way to prevent or stop a fire is by purchasing smoke and carbon monoxide detectors. Fit fire alarms on every level of the home and outside each sleeping area. A carbon monoxide detector should also be located on every floor of your home, including one near the garage. Test these alarms monthly, refreshing the batteries if needed.

Remember, another great way to protect your home with homeowners insurance. Talk to the professionals at All Nevada Insurance to secure the right homeowners insurance for your needs in Las Vegas, Nevada.

What’s the Difference Between Actual Cash Value and Replacement Cost?

What’s the Difference Between Actual Cash Value and Replacement Cost?

Know how actual cash value and replacement cost affect your home insurance policy. 

Much like everything else we buy, insurance comes with a lot of options. When selecting home insurance, homeowners will be faced with the option of actual cash value or replacement cost value. These terms are loss valuation methods insurance companies use to determine how much money they will pay out in the event of a covered claim after any deductible is applied. Here’s what you should know about the differences between the two options.

Actual Cash Value

The actual cash value, or ACV, is the economical choice because it requires that you pay the lowest premiums. That is because depreciation is taken into consideration. As time goes by, the monetary value of your belongings may go down, and this is known as ‘depreciation.’ If your possessions are destroyed by a covered loss and you have ACV coverage, your insurance agent will subtract your home’s depreciation from the amount of money that is required to repair or replace your items to the condition they were in before the disaster.

Replacement Cost Value

The alternative to actual cash value is replacement cost coverage. If your belongings are destroyed and you have replacement cost value, your coverage would provide you with a payment equal to that required to replace lost items. Depreciation of your items is not a factor in the settlement you receive from your insurer.

Ensure your home and possessions have the right protection in place. Contact All Nevada Insurance to get started on the right homeowners insurance policy to suit your needs, budget, and belongings!

Should You Pay Off Your Mortgage Early?

Should You Pay Off Your Mortgage Early?

Pros and cons of paying off your mortgage early.

One of the most debated topics in personal finance is whether it makes sense to pay off your mortgage early or invest in extra cash. There are significant advantages and disadvantages to both options, and there may not be a solution that is best for every situation. Take a look at these pros and cons to help you decide what to do.

Pros of paying off your mortgage:

  • No mortgage means lower expenses and less need to draw down your savings in retirement.
  • You may save thousands of dollars by not paying the interest on a mortgage. Even if your tax deductions would be reduced if you were to accelerate the mortgage payments, you’d still win financially.
  • For some people, the peace of mind they gain by eliminating debt is the most important consideration of all.
  • If you can pay off your mortgage by the time you retire or shortly thereafter, you’ll need much less income to support yourself in retirement than people who are either renting or still making mortgage payments.

Cons of paying off your mortgage:

  • The extra payments reduce the amount of money that you have to invest or to meet financial emergencies.
  • You’ll have reduced liquidity. It’s easier to access funds sitting in an investment account or bank account than to access funds in the form of home equity.
  • The money you invest has the potential to grow faster than the savings. You gain by paying less mortgage interest.
  • People with no mortgage may be looked on unfavorably as the lender lost money what would have been accrued in interest payments.

Whatever. You decide to do, be sure you feel confident in the plan. Find financial stability by securing reliable and affordable insurance policies. Contact the team at All Nevada Insurance for information on how to select adequate coverage for your needs.

How to Recover After a House Fire

How to Recover After a House Fire

How to handle the aftermath of a house fire.

A house fire can be a very devastating experience for any person or family. House fires almost always happen unexpectedly and move quickly through the home. Fires can cause a large amount of devastating damage in a matter of minutes. It can be daunting to know where to start after the fire is out. Here are some tips on how to recover after a house fire.

Make some calls. You’ll need to make plenty of phone calls after a fire, but here are a few important ones:

  • Family and friends – To let them know you’re safe.
  • Fire department – Be sure you have the all-clear from the fire department before heading back home.
  • Post office – Stop your mail delivery and switch to a post office box until you can return to your home permanently.
  • Insurance company – Your insurer can guide you through this difficult situation and assist you with your homeowners insurance policy.
  • Utilities – Freeze or cancel your services.
  • Landlord or mortgage lender – Keep your landlord or lender in the loop, as there may be changes or pauses in your rent or mortgage payments.
  • Bank/credit card company – You may need to cancel or replace your credit and debit cards if they were destroyed in the fire.

Inspect your property. Once you have gotten the approval to return home, do so safely. Walk around your property first, carefully noting any trees or power lines that could have been weakened or damaged by fire and water. Remember that things could still be hot, so approach your property with caution.

Create your personal property list. Begin working on your personal property list. If you didn’t already have a home inventory created, write down items the moment you remember them.

Secure safe housing. If your home is unlivable, make sure you have a safe place to stay. Restoration and rebuilding can take some time. Include your insurance company in your search so they can stay acquired with the situation.

Be sure that you have reliable homeowners insurance so that you can overcome any disaster. Contact All Nevada Insurance to get started on the right homeowners insurance policy to suit your needs, budget, and belongings!

Renters: Must-Dos Tasks to Handle Before You Move

Renters: Must-Dos Tasks to Handle Before You Move

Essential tasks to complete before moving.

Are you about to move from your rented space into a new, rented space? If so, you may think that what lies ahead is an easy move and quick exchange of keys. However, there is much more to the move than that. From preparing your old space to getting ready for your new space to staying insured, here are the top things to do!

Measure the space. Despite best planning efforts, logistical issues are surprisingly common when people are moving familiar belongings into an unfamiliar space. Be sure that you know the dimensions of a room and the size of your furniture so that you can plan the space accordingly. Generally, it is a good idea to know which pieces will go into which rooms so that you can move furniture into the right places immediately.

Call ahead. If you are going to be moving into a multi-story building, it is a good idea to make arrangements with the building’s management team ahead of time. You may need to reserve the elevator. This is not something you want to land on them the morning of the move, especially if it is the last Saturday of the month and five other people are moving into the building, too.

Record conditions. Before you settle into your space, pull out your phone and take pictures of any damage such as scuffed floors, chipped countertops, or bent window blinds. Send the photos to yourself so that they are date-stamped. Pictures are great references if any issues come up with the apartment’s condition.

Stay insured. Most renters know that protecting their property with renter’s insurance is important, but many forget to update their policy when they move to a new residence. Renter’s insurance does not just protect your belongings, it also covers damage that you do to the building, too. Contact your insurance company before you move. It is an easy call to make and it will mean you enjoy the benefit of staying protected throughout the move!

Your new apartment needs the right insurance to protect it from accidents and disasters. Contact All Nevada Insurance to get started on your reliable renter’s insurance policy today.

What to Do After a Home Burglary

What to Do After a Home Burglary

Steps to take after a home theft.  

While homeowners do everything they can to protect their property and belongings, some accidents can’t be avoided. Even if you have a home security system in place, thieves can find new ways into the house to steal your belongings. Unfortunately, in the U.S. alone, there are more than 3.7 million home burglaries every year. If you are ever the victim of a burglary, here are some tips on how to handle it.

Call the police. It’s important to get the police on the scene as soon as possible. If you think the perpetrator is still inside, it’s best to leave your home safely and call 911. Reporting the incident also helps your community collect crime data, which can help your area allocate resources in the future.

Take pictures of damage and list stolen items. Once you’ve regained your composure, it’s time to approach your property and assess the damage or loss. Walk through your home and take pictures of everything that’s damaged. Write down missing items. It’s helpful if you can refer to your home inventory at this point!

Contact your insurance company to file a claim. Talk to your insurance company about the situation and they will be able to advise on necessary steps to get the claim underway. Check out these tips on how to simplify a home insurance claim.

Want to work with a team that can aid you through the process? Talk to the professionals at All Nevada Insurance to secure the right homeowners insurance for your needs in Las Vegas, Nevada.

How to Protect Your Home While You’re on Vacation

How to Protect Your Home While You’re on Vacation

Ways to secure your home before traveling.

A vacation is meant to be a stress-free getaway, so finding out that something has gone wrong back home can quickly ruin your trip. When leaving for a summer vacation, protecting your home is just as important as protecting the items you bring with you. Here are some preventative measures that can help ensure your home and belongings will be safe while you’re away.

Buy a light switch timer – Leaving your lights on while you’re on vacation is a bad idea for your electrical bill. Find a light switch timer that will automatically turn lights on and off throughout the day to give the impression that there are people in the house.

Ask a friend to help – Contact a trusted neighbor or friend and ask him or her to check on your property from time to time while you’re away.

Avoid posting updates on social media – It may be tempting to post vacation photos, but these days, anyone can access digital information. If a thief sees that you are at the airport about to go on vacation for two weeks, he or she will know that your home is a goldmine.

Check all the windows and doors – You may be in the habit of double-checking the front door every time you leave, but have you secured all the windows? Before you jet-set, ensure all doors and windows are locked.

Preventative measures like these will give you the peace of mind and ensures that your belongings are safe! For reliable homeowners insurancevisit the professionals at All Nevada Insurance. We serve Las Vegas, Henderson, and neighboring cities in Nevada!

How to Get Your Home Ready for Barbecues

How to Get Your Home Ready for Barbecues

Preparing your backyard for barbecue season.

It’s that time of year again! It’s time to dig out the barbecue from its winter hibernation and start preparing for summer. Additionally, you’ll want to ensure that your home and backyard are ready. After all, if you’re going to be hosting a party, your home and garden should be in good and safe condition. Here’s how to get started!

Show your lawn some TLC. You may need to mow, rake, or even re-sod patches of your lawn where the grass has yellowed or dried out. It’s also a good idea to do a quick walk around your lawn to check for holes or other possible tripping hazards.

Clear the walkways. You don’t want any of your guests to stumble or step over things to get to the entertaining area. Ensure that your walkways are clear of debris and items, fill in holes and cracks, and light all the of paths well.

Check the deck. Aesthetically, look for any spots on your deck that might need a touch of paint of a vigorous scrub. Be on the lookout for any signs that your deck might not be structurally sound to handle an influx of people. If you spot any signs of wood rot or termites, it’s best to sort it as soon as possible.

Create a kid-friendly zone. Even if you only intend to have one child in attendance at your outdoor party, do the parents a favor and create a kid-friendly zone. This could include a ladder ball, cornhole, sidewalk chalk, and other activities that will keep him or her entertained for hours.

Scrub up the grill. Would it be a party without grilled food? We think not! Regardless of what you’ll be making, you’ll want to ensure that your grill is in tip-top condition beforehand. Scrape it down and give it a good clean. Ensure that it is set up in a good and safe location (away from children and pets, overhanging trees, and the house).

Ensure your home has the right protection in place. Contact All Nevada Insurance to get started on the right homeowners insurance policy to suit your needs, budget, and belongings!

Steps to Help Simplify a Home Insurance Claim

Steps to Help Simplify a Home Insurance Claim

Know what to do if you need to file a home insurance claim.

After an incident, such as a fire or theft, has occurred, it’s natural to panic. As a homeowner, you take great pride in your property, from your house to your belongings. When damage or loss does happen, it’s important to remember that your homeowners insurance policy is there to help. So that you know what to do to file a claim, here are some tips to consider.

Gather as much information as possible. You want to document the damage to your home and belongings from different angles. Be careful not to expose yourself to any harm during this process, though. If it is safe to do so, take pictures of the damage. These will then be sent to your claims adjuster.

Call your insurance agent right away. Always call your insurer to report the damage as soon as possible. Call your insurer before you get a contractor to start repairs.

Keep receipts. If you need to make some minor repairs to prevent further damage, do so. However, be sure to keep the receipts, as your insurer may be able to reimburse you for these expenses.

Have an updated home inventory on hand. Theft, fires, and natural disasters all impact your house as well as your belongings. When an accident happens, be ready to tell your insurer what items you lost and how much they were worth. A home inventory can help to provide those details to your carrier; otherwise, you may be relying on guesswork.

Want to work with a team that can aid you through the process? Talk to the professionals at All Nevada Insurance to secure the right homeowners insurance for your needs in Las Vegas, Nevada.

Why to Update Your Home Inventory This Spring

Why to Update Your Home Inventory This Spring

Should you take the time to do a home inventory?

Whether you live in a condo, townhouse, apartment, or house, you have spent time and money getting the furnishings, artwork, appliances, and electronics just right. Any damage, theft, or loss of these items should be covered under your homeowners or renters insurance policy. But how will you know what you’ve lost? Will you remember the purchase price or appraised value? A home inventory can help to list your belongings and their value so you know what and how much you’ve lost.

Spring is a season of cleaning and getting the home ready for the warmer days ahead. While you’re wiping away the cobwebs from winter, why not add creating a home inventory to your list? Working on cleaning projects on the interior and exterior of your house makes for a great opportunity to make or update your home inventory list.

Here are some simple home inventory basics:

  • Where: Home inventory lists can be kept on computers, in notebooks, or on online databases. If you decide to store your inventory digitally, it’s a good idea to keep a hard copy of it in a fireproof safe, or a location away from the house.
  • Organize inventory based on rooms: Keep lists for the kitchen, bedrooms, media rooms, living room, game room, etc. until you’ve covered your house. Breaking up the inventory by room can make the task less daunting and can help you to manage the lists when you add or sell items.
  • Take photos: A great way to record your belongings is to photograph them. This helps to document their condition and serial numbers/ID numbers, so that they are clear and cannot be written down incorrectly.
  • Include appraisals and receipts: Especially for valuable items! Large-ticket items such as jewelry and antiques may require additional coverage on your homeowners insurance policy. Many companies will require an appraisal and photos to be included with policy information.

This spring, ensure that your belongings are up to date and correct on your home inventory and your insurance carrier will do the rest. Contact All Nevada Insurance to get started on the right homeowners insurance policy to suit your needs, budget, and belongings!