Protect your Home with Danny Lipford and Erie Insurance
Erie Insurance partnered with Danny Lipford of Today's Homeowner to discuss the importance of doing everything you can to protect your home, including having the right insurance coverage like ERIE's signature Guaranteed Replacement Cost coverage.
As host of the Emmy-nominated, nationally syndicated Today's Homeowner television and radio program, podcast and destination website, Danny Lipford delivers fresh, practical, and trusted advice for maintaining and improving homes. To help get you started- or keep you on track- we've rounded up some of our top checklists, blogs, videos and even a quiz to see if you truly know the contents of your home.
Backed by a more than 40-year career in the remodeling industry, Danny knows how quickly the costs of repairs can add up, especially in the current market. That's why he recently toured ERIE's Technical Learning Center to talk about the importance of having the right coverage and how Guaranteed Replacement Cost can help.
[TRANSCRIPT] For most people, their home is their biggest investment, so it needs protection. That's why having the right homeowners insurance is so important. The folks at Erie Insurance know that, and they're dedicated to helping protect your assets. So they built this training center to ensure that their claims adjusters know how different homes are constructed, the materials that are used, and what kinds of damage can occur. This helps ensure customers are getting the best service. ERIE also recommends that you talk to your insurance agent about getting “Guaranteed replacement cost” coverage, which restores your home to its former glory after a tornado or fire, for example. As we can see in this facility, a fire could have any number of causes from an overheating kitchen appliance to problems with the electrical wiring. Unlike other homeowners policies, which don’t always replace your home at today’s cost, a guaranteed replacement cost policy would pay to rebuild your home in today’s dollars. As a contractor for over 40 years, I've seen too many people run out of money for repairs before the job was done because their home was undervalued for the current market. So talk to an independent agent.... and get the coverage you need. ~~~~~~~~~~~~~ Erie Insurance Exchange, Erie Insurance Co., Erie Insurance Property & Casualty Co., Flagship City Insurance Co. and Erie Family Life Insurance Co. (Erie, PA) or Erie Insurance Co. of New York (Rochester, NY). Go to erieinsurance.com for company licensure and product details. *Terms, conditions and exclusions apply. See your policy for details.
Like Erie Insurance, Danny Lipford understands the value of protecting your home and assets – which is where ERIE’s Guaranteed Replacement Cost (GRC) coverage comes into play. GRC will pay for the full cost of rebuilding your house back to its previous size and specifications.
Speaking of specifications, would you be prepared to tell your insurance company the details on your valuables destroyed in a total loss? We’re not just talking about your personal valuables, we're talking about your furniture, appliances and finishes. To help you keep track of what you have, you should be keeping an accurate home inventory. Take our quiz below to see how well you know your stuff.
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What is Guaranteed Replacement Cost?
Find out how this option can make a big difference in your homeowners insurance coverage.
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Chelsea Lipford Wolf of Today's Homeowner talks about the benefit of working with a local insurance agent and the importance of letting them know about the updates you've completed (or plan to complete!) on your home.
~~~~~~~~~~~~~ Erie Insurance Exchange, Erie Insurance Co., Erie Insurance Property & Casualty Co., Flagship City Insurance Co. and Erie Family Life Insurance Co. (Erie, PA) or Erie Insurance Co. of New York (Rochester, NY). Go to erieinsurance.com for company licensure and product details. *Terms, conditions and exclusions apply. See your policy for details.
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Check out more related blog stories from the Eriesense Blog or skip straight to downloading our helpful checklists which cover things like helping your home recover from winter, what to do before and after a disaster strikes, and more to keep you on top of caring for your home.