Why do you need to keep trees trimmed and healthy?
This is a regular part of home maintenance that can make a big difference in not only the appearance of your home but also the safety and avoidance of future problems.
Yesterday, I had my long time customer,
I knew this was important to the upkeep and insurability of my home. I asked the owner Tom for a list of reasons WHY I should keep trees trim and healthy.
A Quote in the Mail
Many of us (I did!) have received homeowners quotes in the mail that look "to good to be true".
If that quote is based on the Market Value or Purchase Price of your home, the better expression would be "Buyer Beware".
Why do you need to purchaseReplacement Cost or Reconstruction Coston your dwelling?
Let's take a look and see.
Rebuilding Is Different Than Buying
The cost to buy a home is different than the cost to rebuild. So you can’t rely on your home’s market value to set your insurance limits.
Actual Cash Value
Actual cash value is the replacement cost of repairing or replacing an item, minus depreciation and/or wear and tear.
Let's say your refrigerator is 7 years old .The average life expectancy is 14 years old,(sourcehttp://www.mrappliance.com/expert/life-guide/)
So your refrigerator has depreciated at least 50% (often more).
If you had a claim on that appliance it could go like this;
Side by side refrigerator with ice maker cost new $ 1,500.