For homeowners in Portland, OR who have more than one home, it’s good to ask whether it’s possible to put both homes on a single home insurance policy or if you need to explore other options if that’s not possible. Our team at Northwestern Insurance Group LLC is used to walking homeowners through the process of figuring out how much coverage they need for one or more properties. Although every home insurance policy may have terms, limits, and conditions that are unique to that policy, there are some general rules for how home insurance tends to work.
Can Two Homes Be on One Home Insurance Policy?
At first glance, having one home insurance policy for every property you own might seem like the most convenient option. As insurance professionals know, every home has different needs and, therefore, requires an individualized policy. Those who have more than one house may have a homeowner’s insurance policy for their primary residence and then purchase a secondary dwelling policy for the second house. After all, you’ll probably leave the vacation or secondary residence vacant for long periods which could affect what the vacation property’s insurance needs may be.
Although it can seem like a hassle to have two home insurance policies, it helps if you stay organized on which home has which type of coverage. Getting your home insurance policies from the same agency such as ours can ensure that your agents can help clear up any confusion that may arise from this situation. Having all of your insurance policies through the same agency can also make it easier for you to keep track of payments and claims.
Reach Out To Us
For information on homeowner’s insurance in Portland, OR, call our team at Northwestern Insurance Group LLC!
Finding out you have been the target of a burglary is a disorienting and scary experience, and it’s vital to call law enforcement right away. It is recommended that you leave the premises immediately and that you stay off the property.
Resist the urge to investigate the damage or to see what was done because you could be the victim of a dangerous assault. Additionally, you may tamper with evidence needed to determine the nature of the crime. Stay with a neighbor or even inside a locked car if no one is available to help.
Creating a police report gives you the opportunity to obtain documentation central to the event, and that can help with filing your insurance claim later. They may ask you to write a list of all the major items that are missing or damaged.
This can be done once they have cleared you to re-enter your home. Larger possessions are easier to take note of, so you’ll have to be diligent in searching everywhere to get a clear idea of what has been stolen.
It’s not required by law that Portland, OR residents have homeowners insurance, though your lender will compel you to purchase indemnification. As soon as possible, contact your Northwestern Insurance Group LLC to file a claim.
Present them with your list, and include any identifying information, such as serial numbers or purchase prices. Provide any receipts, photos, accompanying instruction manuals, and warranties to provide confirmation of the value of your items, as this will help the adjuster process your claim.
Northwestern Insurance Group LLC Can Help You
We serve the region of Portland, OR and assist clients by offering insurance packages to suit your needs. Please reach out to us by phone, online, or in person for further details of how we can be of assistance.