Home insurance with Joel Hyde

In this episode of the Selling Fort Wayne podcast, hosts Tyler Morningstar and Kerri Morningstar speak with Joel Hyde, partner and agent at Colligan & Company. Joel talks about home insurance, what to look for in a policy plan, what comes in a policy plan and how the insurance company determines cost.

 

"You have new homes. You have a new roof, new furnace. Your plumbing is new. Wiring is new. You have a lot less likelihood that something may happen. A home that’s built in 1920, the plumbing’s older. The wiring is older. Sometimes the roof, depending on the year of it. There’s plaster walls. There’s just a lot of differences in an old home and a new home, but a new home is going to be a lot less expensive than an older home." - Joel Hyde [16:20]

 

"So every once in a while, just take a snapshot of your living room, bedroom, all your rooms, and save them in the cloud somewhere, so they're good reference points. It makes it easy that a) prove you have those items or had those items and b) it’s easy to remember to make your list." - Tyler Morningstar [23:05]

 

"When you’re out looking for insurance, just don’t look for the most inexpensive or what yearly payments are going to be. Look at all the numbers." - Kerri Morningstar [35:25]

 

What You Will Learn:

[00:03] Intro

[01:14] Meet Joel Hyde

[02:53] Why an insurance company would drop a client

[03:29] What an insurance company look for in claims

[09:07] What home insurance cover and how they determine cost

[13:38] What is an umbrella policy

[16:28] How animals are incorporated in policies

[19:32] What is renter’s insurance

[20:23] How to track your contents

[25:19] What to look for in an insurance agent

[29:03] When you need flood insurance

[30:28] What determines the rates

[33:24] More about Joel

[34:28] Contacting Joel Hyde

 

Resources:

• Contact Tyler at tylermorningstar@gmail.com and (260) 433-5385.
• Contact Kerri at kerrimorningstar@gmail.com and (260) 410-8294.
• sellingfwpodcast@gmail.com
• Tyler Morningstar on Instagram
• Visit Century 21 Real Estate
• Contact Joel at joel@colliganandco.com and (260) 424-1555.
• Visit Colligan & Company
• Colligan & Company on Facebook