The famous steel tycoon and industrialist Andrew Carnegie once said, “Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.” If that’s you, congratulations! You’re on your way to building generational wealth and a bright financial future. So how do you protect it?
We’re so close to walking in a winter wonderland. As those of us here in South Carolina prepare for the joy of winter holidays and traveling to see family and friends, it’s important to remember to prepare our homes for winter conditions that can lead to homeowners insurance claims.
Do you have flood insurance? Many people opt to opt out of flood insurance unless they live directly next to the Atlantic, on one of our state’s many lakes, or next to a river or stream. Logically, it makes sense – why pay for flood insurance if you’re not near water? But unfortunately, you don’t have to live by the water to be affected by a flood in South Carolina.
You’ve purchased a comprehensive homeowners insurance policy from Edwards Insurance Agency in Taylors, SC. That means that if something happens at your residence like a fire, break-in, tornado or hurricane, your belongings are protected, right? Well, yes … but not always.