Homeowners Insurance
What is Homeowners Insurance?
- Property Protection: It may help repair or replace your home & belongings if damaged by certain events such as fire.
- Liability Protection: It may help cover cost if a visitor is injured at your home.
What does Homeowners Insurance cost?
Cost depends on many factors including:
- Coverages desired
- Replacement cost value/construction materials
- Age and condition of home
- Roof construction
- Prior claims
Questions to ask:
- Do I have enough coverage to rebuild my home if needed?
- What is covered and what is not covered?
- Does my policy offer coverage like “underground service line” and “water backup of sump pump”?
- How much jewelry coverage do I have?
- What is a deductible and how much is mine?
- What is flood insurance and do I need it?