Scott: Today we have another interview and today’s guest is Ed Falkenstein with Gibraltar Insurance Services. Ed why don’t you tell us something that we might not know about insurance.
Ed: One of the biggest things that I usually get questions about when we do insurance quotes is why does my insurance cost so much and why is the replacement cost of the dwelling coverage so much higher than the purchase price? The reason for this is called replacement cost versus the actual cash value. Actual cash value is not necessarily the best thing in mind when you have a loss because if you insure on actual cash value you are not going to get full replacement cost and you therefore will not get 100% of your home rebuilt. What you get is a settlement and not a good thing when it comes to clients claims process, therefore that is why an A plus rated carrier always insures on full replacement cost to protect you, the insured from that total loss
Scott: Okay, so if your house wasn’t built yesterday then what do you want your home insurance to be based on?
Ed: to have it based on the full replacement cost including inflation and cost to build, in other words if you are going to be in the house for 10 to 15 years from now and if you have a total loss, you will want 100% of your house rebuilt, not 75 or 80 per-cent.
Scott: Thank you Ed, that’s some great information. Our Guest today was Ed Falkenstein with Gibraltar Insurance Service. If you have questions about insurance you can email ED at Ed.email@example.com. You can also email me at Scott@ScottCulberson.com and I’ll make sure Ed gets back with you.
You CAN Live Life to the Fullest and I can help.
Scott Culberson Broker Associate, Better Homes and Gardens Real Estate Gary Greene.
It’s the 2nd week in April and so far the weather has been a little bumpy. We have had the coldest April on records, rain, heat and pollen everywhere.
So, my message for this week is STAY THE COURSE or my favorite acronym:
F. OLLOW O. NE C. OURSE U. NTIL S. UCCESSFUL
This sums it up nicely. If you want to stop renting and buy a home or your ready to sell your home to move closer to family. Work or family challenges. With any of these set your goal and F.O.C.U.S.
You may need a helping hand along the way. Reach out to the resources that you know in order to make your dream a reality. If it’s a real estate dream, any real estate dream call me 281-467-4691 I can help. I know people all across the industry and the world. People like me that have made it their mission to be their for your when you call.
What you don’t have a real estate goal at this time? That’s ok, you know people that do so educate them on what it’s like to work with me ask if YOU can give me their contact information…I’ll give them a call. From there I will help them evaluate their real estate goals and help them move from dream, to plan, to GOAL ACHIEVED. NO PRESSURE, NO WORRIES JUST RESULTS THAT HELP YOU TO…
LIVE LIFE TO THE FULLEST
I’m Scott Culberson, Broker Associate, Better Homes and Gardens Real Estate Gary Greene. Scott@ScottCulberson.com
Spring has sprung and if you’re pretty much anywhere in the great Houston area which is also known as the Piney Woods pollen is everywhere. With this pollen we have been having some allergy problems and speaking of problems I heard they finally put out that oil tanker fire in Deer Park.
More importantly if you are in the market for a home this is a perfect time–homes are coming on the market, but they are also going off the market daily sooooo you need to get your game plan in place and get moving if you’re looking to buy a home. If you are looking to sell your home, you’re not behind yet, but you will be if you wait a couple weeks.
It’s time to get you outside and do some planting, so your landscaping pops and you get that nice color. Maybe a firecracker bush maybe some pansies, maybe some marigolds. I’m just throwing out some pretty color flowers. I have no idea if spring is the right season for these plants. I don’t have a green thumb but I respect the hard work of those that do. The point is BRING ON THE COLOR.
Let’s remember the front of your home is the first thing that buyers see so make that first impression count. Buyers if you see the front of the home is beautifully taken care of odds are the inside has been taken care of as well. Sellers, don’t forget that buyers DO look for the small details, the things that show them that you take care of your home. They want your home to be their next home, take the time, put in the work and plant that spring COLOR.
Reach out to me I’m here to help you to LIVE LIFE TO THE FULLESTScott Culbertson, Broker Associate, Better Homes and Gardens Real Estate Gary Greene Email me at Scott@Scott Culberson. Com