Living in or having a property in coastal areas is a dream that can turn into a nightmare if you are not properly insured. We've enjoyed relative quiet as it pertains to catastrophic storms over the past year or so which means only one thing: we're due sometime, somewhere. This is not an arena to gamble within. Costal and beach property owners need year-round property insurance designed specifically for those who live in areas subject to recurring weather risk. The cost of coastal and beach property insurance can be brutal if you purchase from agents beholden to the insurance industry. There are agents who are not beholden to the insurance agency ready to represent your interests and as your representative and personal agent. When it comes time to purchase new (or renew) your coastal and beach property insurance, do yourself a financial favor and seek the consult of an independent insurance agent.
The coastal and beach property insurance policies that we research and secure throughout VA, MD, DC, DE are customized based on the needs of the property owner and underwritten by A-1 rated American insurers. Most of you do not realize that all A-1 rated carriers are not the same. Some offer better value in certain insurance segments than in others. Also, timing matters because insurance carriers constantly adjust their coverage pricing. The individual property owner does not have the expertise to sort all that out. They almost certainly don't have the time nor the interest required to secure the best value for the insurance dollar. That is where your independent insurance agent comets in.
People who acquire coastal and beach property insurance in Wilmington, DE enter what is commonly known as “markets of last resort.” Markets where the insurance companies feel that they "got ya". We're here to tell you that value is out there, but it well hidden. We'll find that for you. To find out more about insurance policy options for coastal beach properties, contact TriState Business Insurance.