Tag: Birmingham AL

A house is one of the most expensive investments you can make. You invest time, energy, and memories in addition to money. Magic City Insurance Group LLC in Birmingham, AL understands the value of your home. We want to help you protect it. The following are the five most common home losses, as well as the steps you can take to protect your home.

5 Most Common Home Losses

1. Wind and Hail Damage

When the weather forecast calls for high winds, take the time to secure or store any outdoor furniture or lawn ornaments. Keep cars in the garage to avoid hail damage, and have your roof inspected on a regular basis.

2. Water Damage and Freezing

Have you noticed a leak? Turn off the water to your home until the source is identified and corrected. Winterize your home to ensure that your pipes are in good working order.

3. Liability

Keep an eye out for anything that could endanger guests on your property. If you can’t fix them, tell your guests about them and try to work around them.

4. Fire and Lightning

Make sure your fire alarm batteries are changed on a regular basis. Avoid leaving unattended candles, plugins, or wax warmers.

5. Theft

Invest in a high-quality home security system. To deter curious eyes, leave your porch light on at night. Maintain regular contact with your neighborhood watch.

Give Us a Call

The truth is that we have no control over the weather, and accidents do occur. Aside from these precautions, the best way to protect your home is to obtain adequate insurance coverage.  Magic City Insurance Group LLC can assist you with this. Call us today and let one of our highly trained agents help you find the policy that works for you. We are well-versed in the needs of homeowners in Birmingham, AL and can help you safeguard your home investment.

Owning a home is a good idea for a lot of people in the Birmingham, AL area. When you are a property owner in this part of Alabama, you will enjoy having a consistent place to call home and can benefit from long-term price appreciation. If you are going to purchase a home here, you also need insurance for it.

There continue to be great reasons why someone here should have coverage for their home:

Protect Dwelling and Assets

A reason that all people in Birmingham should have this insurance is so they can protect their dwellings and assets. If you are going to buy a home, you will want to know that you have the ability to repair it when necessary. If you have a full plan, it will give you the support you need to protect your dwelling and any personal belongings. 

Offset Liability Risks

You also should have home insurance to offset your liability risks. There are always liability risks that come when you are a property owner. As the cost to cover damages or injuries can be significant, finding a way to offset and mitigate this risk is always important. A great way this can be done is by getting a home insurance plan as it will also include a provision for liability insurance. 

Contact Us Today

If you are a property owner in the Birmingham, AL area, it is clearly very important that you get the insurance that you need. If you are looking for this type of insurance here, the team with Magic City Insurance Group LLC is a good group to call. Many people will enjoy working with Magic City Insurance Group LLC as we offer personalized support that will help you build a plan that can meet your needs. 

Protecting your home is a crucial part of your financial plan. The experts at Magic City Insurance Group LLC in Birmingham, AL can help you make the best possible insurance choices for you and your family. 

An Investment For The Future

Most people do not think of their insurance policies as investments, but the truth is that protecting yourself from devastating expenses is definitely an investment. Should your home be severely damaged or lost, you and your family would be placed in a vulnerable position both physically and financially. A solid home insurance policy will protect you from these types of risks. 

Protection You Can Count On

Not only does a solid insurance policy pay for repairs or replacement of your home should it be damaged, but the liability coverage on your policy can also protect you from liability expenses. If someone is injured in your home or on your property, you could be held liable for medical bills and legal fees if they choose to take legal action against you. Home insurance will protect you from these types of expenses by paying part or all of them. 

Peace of Mind

The most important way that a home insurance policy benefits you is by giving you peace of mind. Life is full of unexpected surprises, some good, some not so good. When unexpected damage or expenses pop up, you can rest assured that you have someone in your corner to support you financially. 

Get Home Insurance Today

If you would like to learn more about home insurance, please contact us at Magic City Insurance Group LLC in Birmingham, AL. We will be happy to answer your questions and help you today. 

Credit scores are used by most home insurers to determine the risk of insuring a home. If your credit score is low, you might have to pay higher premiums or even be denied coverage altogether. Your credit score is determined by a number of factors, such as how long you’ve had credit, and how difficult it is to obtain credit from various sources. 

If you want to better your credit score, you should make it a priority to reimburse your bills on time and maintain a low balance on any credit cards you have. Reducing hard inquiries on your report can also help. For expert advice, consult with Magic City Insurance Group LLC in Birmingham, AL.

Credit Scores’ Affect On Home Insurance Rates

You’re probably wondering how one piece of data can have such a large impact on your financial future. Well, it’s true — your credit score is the most important factor when it comes to getting a good deal on your home insurance. The average US homeowner has a credit score of around 640, which puts them in the “low-risk” category. 

Homeowners in this category have the best chance of getting the lowest rates when they are looking to renew their home insurance. Keep your credit utilization low by closing open accounts, and keeping your credit utilization below 30%. Be careful with new applications, as they may report your old credit history. And finally, keep your credit active. 

Contact Us Today

Credit scores are used by insurance companies to determine your risk and how much you should pay for a policy. If you have a higher credit score, then you’re considered less of a risk to the insurance company and can expect to pay less for your home insurance premiums. If your credit score is low, your rates will also be higher because the insurance company sees you as a risk. For inquiries in Birmingham, AL, give us a call at Magic City Insurance Group LLC.