If you have assets, you will need the protection of a homeowners insurance policy.

 

A home owners insurance policy cover’s your home or apartment, whether you are an owner or a renter. A homeowners policy will pay to replace any of your personal property that is destroyed in a fire or other types of disasters. The insurance policy can also be your defense against a lawsuit from someone injured at your home.

The property insurance section of your policy protects more than just your house. In most cases, it will reimburse you for damage or theft affecting your home, any structures attached or unattached to your home, loss of use of your house and personal property.

As for cost, the amount you pay for your policy depends on the amount of your coverage, any endorsements you add to the policy, and the deductibles you choose. As a general rule, if you pay a higher deductible, you’ll pay a lower premium.

The quality of your insurance coverage, is determined by how the policy is written on a named perils or all-risk basis. A named-perils policy covers only those losses specifically cited in the contract. The all-risk policy works the opposite way — unless a peril is specifically excluded, coverage is provided. The all-risk policy is broader and the burden of proof is on the carrier, not you, in the event of a loss.

Some of the reasons our homeowners policies are more attractive than others is we offer different price points that have good better and best coverage limits that can be tailored to your individual needs. We have vanishing deductibles, guaranteed replacement cost on your home, and we also offer a claim free discount.