Residential real estate market information for Metro Detroit's Northern Suburbs brought to you by Realtors Maureen Francis and Dmitry Koublitsky of SKBK Sotheby's International Realty. Monthly market statistics for home owners in Oakland County. MLS listings available on our web site:

Friday, October 07, 2005

Check Your Homeowners' Insurance

In the wake of Hurricane Katrina, Realty Times reminds homeowners to re-evaluate their homeowners' insurance policies to make sure that they have adequate coverage. "According to Marshall & Swift, an expert in building costs, nearly six out of every ten homes in Louisiana are underinsured. Similarly, the Los Angeles-based firm says almost 60 percent of all houses in the United States are not valued properly when it comes to insurance coverage -- by a whopping 22 percent, on average! " While we in Michigan are not likely to lose our homes to a hurricane, other disasters/accidents can occur. If you need a good insurance agent to help you evaluate you coverage, give us a call. We can point you in the right direction.

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