Home and Property

Homeowners Insurance

If you own a home, you certainly want to make sure its protected. Homeowners insurance covers you in the event of damage due to both weather and non-weather related losses. Basic coverages in a homeowner’s insurance policy include:

Dwelling—coverage

1. can pay to repair or rebuild your home if damaged due to a covered loss.

Personal Property—coverage

1. can pay to replace items that may be damaged or destroyed by a covered loss which includes furniture, clothing, and electronics. Special limits apply to certain items such as jewelry, firearms, fine art, collectibles, and instruments.

Loss of Use—coverage

1. can pay for additional living expenses while your home is being repaired or rebuilt.

Personal Liability—coverage

1. can help protect from a lawsuit in the event a member of your household is responsible for causing bodily injury or property damage to others.

Other Structures—coverage

1. can pay for covered damages to detached structures such as garages, sheds, and fences on your property.

Condo Unit Owners

Condo unit owners need special coverage for the interior of their unit in addition to coverage for their contents. Basic Coverages on a condo policy include:

Dwelling—coverage

1. can pay to repair or replace from the “sheetrock in” of the unit including but not limited to flooring, cabinetry, countertops, and lighting.

Personal Property—coverage

1. can pay to replace items that may be damaged or destroyed by a covered loss which includes furniture, clothing, and electronics. Special limits apply to certain items such as jewelry, firearms, fine art, collectibles, and instruments.

Loss of Use—coverage

1. can pay your additional living expenses while your unit is being repaired or rebuilt.

Personal Liability—coverage

1. can help protect from a lawsuit in the event a member of your household is responsible for causing bodily injury or property damage to others.

Loss Assessment—coverage

1. for a Condo Association’s assessment of funds to individual unit owners to repair common property due to a covered loss.

Rental Properties

If you have invested in a rental property you will want to protect your investment. A Rental Dwelling policy provides coverage in the event your property is damaged due to a covered peril, defends you against liability claims, and provides lost rental income if your property is too damaged to rent due to a covered loss. Basic coverages on a rental dwelling policy include:

Dwelling—coverage

1. can pay to repair or rebuild your rental property if damaged due to a covered loss.

Other Structures—coverage

1. can pay for covered damages to detached structures such as garages, sheds, and fences on your property.

Loss of Rents—coverage

1. can protect your income by providing coverage for fair rental value of the property while it is not fit to live in after a covered loss.

Personal Liability—coverage

1. to protect from a lawsuit arising from the result of bodily injury or property damage that occurs on your rental property.

Renter’s Insurance

The landlord of your apartment or home probably has insurance, but it only covers where you live—not your belongings or your liability for accidents. If your possessions are stolen during a break-in or damaged in a fire or hurricane, a renter’s policy will allow you to recover their value. If someone is injured during an accident in your home, renter’s insurance can help protect you in case of a liability lawsuit.

You have thousands of dollars in property. Maybe you cannot afford to replace it all, but you can insure it—for an affordable rate. Most policies cost less than one dollar per day. In case of the unexpected, that small daily cost will save you thousands.

Flood

Flood insurance provides specialized coverage to protect your home, condo, rental property, or personal property from rising waters. The peril of flood is excluded on most homeowner’s insurance policies and must be covered under a separate policy.

Jewelry & Valuables

Most homeowner’s insurance policies provide limited coverage for jewelry and other valuable items. To properly insure these types of items you may need a separate policy.

Consider a Personal Articles policy for:

• Jewelry
• Silverware, china and crystal
• Antiques
• Fine art
• Collections
• Cameras
• Musical instruments
• Firearms