You have to ask yourself…
What would happen if a disaster struck your home tomorrow? Are you confident you’re properly covered for damages and total loss? Would you be required to pay out of pocket for some or all the repairs?
These questions are crucial to address because major insurance carriers hold on new clients after a disaster strikes. More importantly, when you're facing a crisis, you’ll feel less pressure knowing:
- Your representative took the time to make sure you have the right protection
- Your insurance carrier has your back
The Basics
Most homeowners insurance policies have six kinds of coverage, dwelling, other structures, personal property, liability, additional living expenses and medical expenses. The homeowner is usually required to pay a deductible when a homeowners insurance claim is made, which is essentially the out-of-pocket expense for the policy owner.
Little-known facts about Homeowners Insurance
There are many things about insuring a home that most consumers aren’t aware of. We are here to make sure you avoid potential problem areas, including:
- Most policies will not cover sewer backup, unless you purchase a special endorsement
- Damages caused by surface water or water that flows below the surface of the ground aren’t usually covered
- A standard homeowners policy typically does not include Flood Insurance
- A standard homeowners policy only covers jewelry, up to set limits if the loss resulted from one of the perils named on the policy
- Many policies default to actual cash value, which means if you purchased a widescreen TV and home theater system for $1,000, it may now only be worth $450, so that's all you'll receive on the claim. Just like the dwelling limit mentioned above, replacement cost insurance pays out the total replacement value of your possessions, not their market value, in the event of a claim.
- IMPORTANT: You can combine your Home and Auto policies (and others) for even more savings.
Who needs to insure their homes
- Frame houses
- CBS homes (Concrete Block Structure)
- Manufactured homes
- Mobile homes on acreage
- Condos
- Townhouses
- Secondary homes
- Homes you rent to others
- Seasonal resident homes
Why We're Different
While most insurance products are similar in price and function, insurance providers vary when it comes to structuring a policy tailored to you.
After all, there’s no such thing as a one-size-fits-all insurance policy when it comes to your personal policy.
Contact us today, and we'll help you protect what matters most.