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HOME : ProductsHomeowners InsuranceOur Experience is Your Best Policy
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Here are a few things you should consider in choosing a Homeowner's Insurance program. Protecting Your PropertyBroad Coverage - Obtain the broadest coverage. Not all policies are created equal. Some insurance companies or agents sell policies that offer limited protection. We take pride in ensuring that we arrange the best possible program to fit your individual circumstances. Insure to value. Homeowner's policies are designed to replace your home and belongings as a result of loss or damage. When setting up your insurance program we will complete a survey of the features of your home. This is normally done during a telephone or personal interview. From these features, we will determine a rebuilding cost for your home. As a result of completing this process, in most instances our insurance companies agree to provide you with Guaranteed Replacement Cost to rebuild your home. Guaranteed Replacement Cost will pay for the full cost to rebuild your home even if it is more than the amount of insurance shown on the building. Personal Effects - From the costing process on your home, insurance companies typically suggest a set percentage (70%) as an estimate of the value of your personal effects. You will need to confirm this limit is adequate if you had to go out and buy them tomorrow. Insurance companies will only pay up to the amount of insurance you purchase. So it is up to you to make sure you have sufficient insurance. We have inventory booklets to assist you with determining your proper limit of insurance. By-Laws Protection - Some clients have an exposure to by-laws that impact their ability to rebuild their home. Some municipalities have regulations that govern how high you can build a house, what materials you have to use, or even where you can build it. These are known as by-laws. If the insurance company has to rebuild your home to different standards, this can increase the amount of your claim significantly. Most insurance policies do not automatically cover this increased cost. However, coverage can be purchased. If you are aware of any, please let us know. Sewer Backup Protection - one of the most unpleasant losses to your home may involve the backing up of water (and other things) from your sewer main. Coverage is available to protect you from the cost of repairing your home and replacing your personal property from Sewer Backup Damage. Replacement Cost For Your Personal Property - In most instances "New for old" coverage is available for your personal property. Most of the policies we arrange include Replacement Cost protection. All you have to do is make sure that your amounts of insurance are sufficient to replace your property at today's prices. |
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Protecting You From Legal ActionAll residential policies include coverage for Personal Liability protection. You may unintentionally injury someone or their property as a result of your actions. Personal Liability coverage will protect you if it is determined you were responsible. In addition, even in the event of false accusations, the policy will provide for the cost of legal expenses in raising your defense. Of course the policy contains limitations and conditions as to the types of acts it will protect you for. For example, intentional or criminal acts are not covered. Typically, Homeowner's Insurance is one of the most inexpensive forms of insurance. Coverage can be obtained for as little as $20-25 per month. If you would like more information on obtaining Homeowner's Insurance, please Contact Us. |
