Corey Bashaw | Quincy Real Estate, Boston Real Estate, Milton Real Estate, Canton Real Estate


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Few things are more mysterious than insurance. When you think you know what's covered, you find out the hard way that it wasn't. Since your home is likely your greatest asset, you want to know what it includes and what it doesn't before you need to make a claim. Whether you're “in good hands” or in the hands of a small company mascot, you need to be fully aware of where your coverage stands.

Few people actually make a claim on their insurance outside of catastrophic coverages. Here are some basics on homeowner’s insurance coverage:

  • Damage from fire and smoke
  • Wind or hail damage
  • Personal property theft
  • Damage from vandals
  • Ice and snow damage including water damage or a collapsed roof
  • Damage from internal water sources (washer, dishwasher, broken pipe) but not from external flooding caused by rising rivers, seepage or groundwater.
  • Losses caused by others during a civil disturbance such as a protest or riot
  • Explosions caused by gas appliances or other combustible materials
  • Damage from vehicles or aircrafts

Policies set limits on coverages for damage to landscaping, fencing, pools, garden sheds, workshops and barns. Most policies cover contents up to a dollar limit as well but allow you to add extra for jewelry, firearms, artwork, antiques and the like.

Often, your policy has a provision for temporary living expenses if your home is rendered unlivable by a covered event. Also, most policies include liability if a family member, guest or even a delivery person is injured on your property or bitten by a pet. However, providers reserve the right to exclude specific breeds of dogs, so check with your provider to make sure you’re covered.

Items typically not covered include natural disasters such as earthquakes, hurricanes and floods. When your home is in one of these areas, often a particular rider or separate policy is required for coverage. Other items usually excluded include sinkholes, mudslides or damage due to an act of war. Most often, accidents caused by a nuclear event — even a nuclear power plant — do not have coverage.

Before signing for coverage on the dotted line, make sure your insurance agent thoroughly explains your coverage and exclusions so that you're not surprised if calamity hits. 



Boston, MA 02127

South Boston

Rental

$2,400
Price

4
Rooms
1
Beds
1
Baths
Amazing one bedroom unit located in the heart of South Boston. Offers an open layout between the kitchen and living area as well as a very spacious bedroom with master bath and walk-in closet. Additional features include in unit laundry, large private deck, and secured private storage in the basement. Walk out your door to area grocery, restaurants, nightlife, and public transit. 20 minute walk from your door to the Seaport District and all that it has to offer. Close to Boston's nationally renowned hospitals and educational institutions. Come see it today and get it before its gone! Available for July 1 move in.
Open House
No scheduled Open Houses

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You may know that when you buy a home, you should purchase homeowner’s insurance. You may have never wondered if the coverage is required. Usually, insurance will be taken out of escrow and a part of our monthly mortgage payment. You may pay a yearly premium separate from your mortgage payment. Home insurance is a nuisance so if you could find a way around it should you forego it?   


You can legally buy a home without a home insurance policy, but if the house is financed with a lender, the mortgage company usually requires that you have insurance on the property. A lender can also request that your home carry additional policies such as earthquake or flood insurance. There are minimums you must meet based on the value of your home and the lender you do business with. These standards exist so that you as the homeowner will have enough coverage to replace the property should it be a total loss in some type of natural disaster or fire.  


The amount of coverage you need depends on how big the mortgage is that you have taken out. There are certain supplemental coverages that may not be required yet are sensible to carry. These extra coverages include:


Personal liability coverage

Personal property coverage


The good news is that as a homeowner you have a choice. You can shop around and see which insurance companies will give you the best coverage for the lowest price. 


The bottom line is that you shouldn’t risk going without home insurance. Even if your loan company allows you to cancel your home insurance after a certain point, the risk is really not worth saving money. Without coverage or permission to cancel coverage, there is a chance your mortgage company could put your loan into default. 


High deductible, basic insurance policies are better than nothing. If you’re going to pay a premium for home insurance, you should look into getting the coverage that makes the most sense for you and your family. You don’t need over the top coverage amounts, but you should aim for comprehensive protection for your property. The key is to balance the cost of your insurance with the value of the property. If your house burned down, you’d want to know that you could replace your property without worry. If you didn’t have insurance, you could really face some issues. You may not want to pay for home insurance, but you genuinely need it. Make sure you understand your coverages.                


This Single-Family in Hopedale, MA recently sold for $315,999. This Colonial style home was sold by Corey Bashaw - Keller Williams Showcase Properties.


Hopedale, MA 01747

Single-Family

$319,990
Price
$315,999
Sale Price

5
Rooms
3
Beds
1
Baths
Beautifully renovated three bedroom home on incredible 1.33 acre lot. Lovingly restored this home has all the upgrades you could want! beautiful new gray siding, All new windows in every room, new blown in insulation, entirely new electrical system , Brand new high energy heating system, new central air, Gleaming hardwood flooring just installed throughout. The open concept floor plan features all new white kitchen cabinets with all new stainless steel appliances. gorgeous granite counter tops. Huge parking area behind the home would make a great basketball court for the little ones. Lovely stream leading to massive backyard perfect for gardening, outbuildings etc. Located Within walking distance to downtown, the local area schools, shopping and several area churches. This home must be seen to be appreciated. You will not be able to match this quality at this price anywhere in Hopedale. Small but charming; this home presents a great opportunity for the right buyer!





60 Turtle Brook Rd, Canton, MA 02021

Condo

$439,000
Price

5
Rooms
2
Beds
3
Baths
Step inside one of Canton's most sought-after luxury townhomes. Conveniently located just off routes 138/95, this 3-level contemporary end unit was constructed during the final phase at Turtle Brook Village. Meticulously maintained unit featuring maple cabinet kitchen with granite counter tops, newly added first floor hardwood floors, and stainless steel appliances. Open concept living featuring spacious living room and dining room. 2 generous sized bedrooms, each with en suite bathrooms and vaulted ceilings, additional full bathroom on first floor. Full finished walk out basement perfect for a family room, home office, or even a guest suite / possible 3rd bedroom. Central air, beautiful mahogany deck , 2 deeded parking spaces, laundry in unit and so much more!. This one will not last.
Open House
Sunday
July 26 at 11:00 AM to 1:00 PM
Cannot make the Open Houses?
Location: 60 Turtle Brook Rd, Canton, MA 02021    Get Directions

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