Insurance protection is an important aspect of homeownership. Your house is one of your biggest investments, so it’s essential to protect yourself financially with a policy in case something unexpected happens. There are many policies to choose from, and we can help you find the right mix of coverage to meet your needs.
Homeowners insurance compensates you for losses to your home and your possessions inside it. It also protects you if you’re legally liable for someone’s injuries on your property, as well as from financial loss caused by fire, theft and other events outlined in your policy. Each home insurance policy is different, but standard policies usually provide:
- The physical structure of your home.
- Permanent structures on your property (storage sheds, pools, etc.).
- Damage to your personal property and belongings inside your home, up to specified limits and due to causes specified in your policy.
- Your liability or legal responsibility for any injuries and property damage you or your family members cause to other people.
- Injuries to your household pets while inside your home.
- Additional living expenses if an insured disaster leaves you temporarily unable to live in your home.
You can enhance your protection with additional coverage for valuable items, which can be purchased through endorsements to your homeowners policy. This provides a blanket of coverage that is broader than what a basic policy provides. It is the right coverage for people who own valuable possessions such as jewelry, artwork cameras and computers.
Flood damage is typically not covered under a homeowners policy so it is an additional coverage you may want to consider purchasing. Certain areas are more likely to flood than others, but flood damage can happen to anyone. According to the National Flood Insurance Program, flooding occurs in every state and 25% of all floods occur in low-to-moderate risk areas.
Flood insurance offers coverage for:
- Damage to your home and items such as the furnace and water heater.
- Contents such as furniture, rugs, appliances, and clothing.
- Pays for sandbagging and other expenses for preventing flood damage.
- Clean-up reimbursement for costs of cleaning your home and removing debris after a flood.