Norwood

The Rennaissance of Norwood, Ohio

Posted on by AgentInsure

Those who lived and worked around Norwood, Ohio and the Cincinnati area in general refer to that day in 1986 as “Black Wednesday”. It was the date General Motors announced the closing of its Norwood General Motors Plant. Less than a year later, on August 26, 1987, the plant produced its last car, and a whopping 4,300 people were estimated to have lost their jobs.

It couldn’t have been a darker time for what was then, a very blue collar community. Norwood and its residents appreciated its independence from its large neighbor to the south, but it was facing potential bankruptcy. But the community and its leaders dug in. A deal was worked out for GM to demolish the giant plant and donate the land to the city. In 1990, the Central Parke revitalization began. New roadways were built. Then came the Rockwood Pavilion and Rockwood Commons. The area began attracting younger, more upscale families who gave a boost to the housing prices in the area. In 2006 the Linden Point project got underway and the progress has continued. Norwood and its 45212 zip code has been the subject of national news articles on its rebirth, including a not so pleasant eminent domain case that the community has put behind them.

The Renaissance of Norwood has been amazing, and the community has never looked back. It is an area where businesses and residents want to be.

If you are a business owner in the area, we would appreciate the opportunity to assist you with your commercial insurance. Our independent agents can get quotes from multiple companies to get you the best price possible without sacrificing coverage.

See for yourself with your personal insurance. Visit our website to get a comparative quote on your auto or homeowners insurance. For business insurance quotes, contact us.

We are the Advantage Insurance Network and we are proud to serve the resilient Norwood community. We would be pleased to serve you.

What Does Flood Insurance Cover in Norwood, OH

Posted on by AgentInsure

Flood insurance in Norwood, OH is a type of coverage that may often be misunderstood. Sometimes, people think of floods only in terms of those that might happen within the home – for example, what might occur when someone accidentally leaves the bathtub water tap on and the house is under several inches of water hours later. In fact, that is usually not the type of flood that flood coverage is really designed to cover. The majority of flood coverage is provided by the National Flood Insurance Program (NFIP) and then administered through your own insurance agent.

The flood coverage in policies today is generally divided into two areas. First, the actual house itself. This part of the flood coverage will pay for damage to nearly any part of the home from the basement up to the roof. This coverage is designed to pay for damage to the physical structure of the home, and is not going to cover anything within the home unless it is part of the physical structure.

The other part of most flood policies today is that which does cover the personal property within the home. This will include nearly any of your possessions, including clothes and furniture, and usually virtually anything else. However, items like precious metals (gold bullion for example,) stock certificates, and large amounts of cash aren’t usually included.

Your flood coverage is meant to be as complete as possible. If your home was damaged by the type of flood that was an act of nature, one which was entirely beyond your control, this is the type of situation when your flood insurance will step in to pay for your damages and help you rebuild your home to its pre-flooding state.

This can include rebuilding from the ground up, or it can include rebuilding only the necessary areas, for example doing debris removal and reconstructing walls damaged due to rot. This type of insurance can be a complicated matter to understand, so it’s very important to have an agent that really knows what they’re doing. Our independent agents at Advantage Ins Network can help you get exactly the flood coverage you need to make sure you’re protected to the fullest extent!