Homeowner’s Insurance Explained

🚀 In this episode of Living Albuquerque, Jennifer Wilson speaks with insurance expert Michael Telles, Account Executive with Washington Federal Insurance Group, to break down what’s really changing in homeowner’s insurance today. They cover rising costs, stricter underwriting rules, fire zone re-ratings in New Mexico, inspections after closing, and why working with an insurance broker matters more than ever.🎧 Hosted by: Jennifer Wilson👤 Guest:🏡 Michael Telles – Insurance Broker & Real Estate Professional💡 Key Topics Covered:✔️ Why insurance costs and requirements are rising✔️ Fire zone mapping and non-renewals in New Mexico✔️ Broker vs captive agent differences✔️ Replacement cost vs purchase price confusion✔️ Home inspections, roof age, wiring, and underwriting risks✔️ Liability coverage and umbrella policies✔️ Credit impact and insurance rating factors✔️ Bundling home and auto insurance (pros and cons)✔️ When to activate or cancel insurance in a home sale🎵 Whether you're an investor, agent, or homebuyer, this episode offers valuable insights into protecting your property and avoiding costly insurance surprises.💼 Connect with Michael Telles:🔗 LinkedIn → https://www.linkedin.com/in/michael-telles-7780b0ba/🎧 Follow Jennifer Wilson:🌐 Website → https://www.nmhouse.com/👻 Facebook → https://www.facebook.com/jenniferwilsonrealtorabq/📸 Instagram → https://www.instagram.com/jenniferwilson_abq_realtor🔗 LinkedIn → https://www.linkedin.com/in/jenniferwilsonrealtorabq/📌 Don’t Forget to LIKE 👍, SUBSCRIBE 🔔 & COMMENT 💬 Below!⭐ Produced by Icons of Real Estate - Icons of Real Estate