March Madness and Insurance Lessons

​March Madness is an annual event in college basketball that captivates millions of fans across the country. As we watch the games and cheer for our favorite teams, we can also learn valuable lessons about selecting homeowners insurance.
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Here are three important takeaways from March Madness that can help you choose the right homeowners insurance policy for your needs.

1. Do your research. Fans pore over stats, records and players before March Madness before establishing their bracket.
 
You need to do your homework for your insurance needs.  Choosing the right independent insurance expert to guide you with these decisions is a top priority in minimizing your financial risk with the right coverage.
 
2. Consider ALL the factors. When filling out your March Madness bracket, you'll also consider other details like injuries, team dynamics, and recent performance.
 
It's the same with homeowners insurance.  The overall value of your home, structural elements, possessions, geographic area, and unique circumstances will directly affect your coverage needs.
 
3. Don’t overlook the importance of preparation In March Madness.  Coaches study their opponents, develop game plans, and players practice tirelessly to ensure they're ready for anything.

Similarly, when selecting homeowners insurance, make sure you understand the terms of your policy, maintain up-to-date personal possession inventory.  Also, take steps to maintain and safeguard your home against potential risks such as installing smoke detectors, cleaning chimneys, installing a security system, trimming trees and shrubs, cleaning gutters, and performing other "spring cleaning" tasks.

By following these three lessons from March Madness, your independent insurance agent can help you select a homeowners insurance policy that provides the coverage you need and the peace of mind you deserve.