Your home is one of your biggest assets, and it’s important to do all that you can to protect it. We’ll help you plan for the unexpected with insurance coverage that’s just right for you and your family.
Your home is both a valuable asset and the center of your life, so it’s extra-important to cover every risk with homeowners insurance. Get the right policy and you’ll take care of the small and large risks related to owning a house at the same time.
For example, a devastating fire could result in not just the total loss of your home, but financial ruin. Without adequate home insurance you could be left with no way of raising the funds to pay off the balance of the mortgage. Of course, homeowners insurance may also protect you from more common house-related incidents like pipe leaks, burglary of personal possessions and much more.
Homeowner’s Insurance Policies Cover:
*Except for dwelling and structures, a Renter’s Policy has very similar benefits and starts as low as $100 per year!
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:
2 Types of Contents Coverage for Home Insurance
There are two types of coverage for your contents under your Homeowners Insurance Policy: Actual Cash Value and Replacement Cost Coverage.
We always recommend replacement cost coverage on your contents.
How much should you insure your home for?
The replacement value is calculated on a “cost per square foot” basis: take the square footage of your house and multiply it by the average square foot building rate (based on the quality of the construction materials used) in your area.
Your insurance agent will be able to help you calculate the replacement value.
* Please Note: Insurance policies vary from company to company. Be sure to read your policy and check with your insurance agent for personalized information.