Homeowners Insurance
It's one of your largest investments and also the largest asset. It's your refuge and shelter. Make sure you protect your home with adequate coverage. Adequate coverage will provide you with peace of mind. Below are the basic coverages in a homeowner policy:
Dwelling Coverage: covers your home and any structures attached directly to it. Ideally, the amount of homeowners insurance coverage you carry should equal the cost of rebuilding your home after a total loss.
Other Structures: covers other structures set apart from the dwelling on the residence premises, such as a detached garage. This home insurance coverage applies up to the limits provided in your policy and can be increased if necessary. Most policies automatically provide a limit equal to 10% of your dwelling coverage amount.
Personal Property: protects your personal belongings, such as furniture, clothing and appliances. Most policies provide a limit of liability equal to 50% to 70% of the Dwelling Coverage amount. Certain possessions may be excluded or have only limited coverage. You can also purchase additional coverage to provide enhanced protection for valuable items and other special possessions.
Loss of Use: is available when you cannot live in your home due to a covered loss. It pays reasonable and customary living expenses up to the limit provided in your homeowners insurance policy.
Liability: provides for your legal defense against a liability claim (lawsuit) and will pay any court judgments for covered losses against you, up to the policy limit.
Medical Payments: pays emergency medical bills for anyone injured on your property or any injury caused by a member of your family or a pet regardless of where it happens. All bills are paid, up to your home insurance policy limit, whether or not you're legally responsible.
Homeowners insurance policies have many other optional features available to you depending on your individual need. Call one of our agents at 972-843-2954 for advise on what's right for you. If you would like to get a quote on homeowners insurance, renters insurance, mobile home insurance or apartment building insurance simply complete and submit the appropriate quote request form.