Home & Renters Insurance
You work hard for your Possessions.
Make sure you're prepared for the unexpected.
Whether you rent or own your home, the property, as well as its contents, should be protected with insurance. For those who own homes, homeowners insurance can protect the home and the home’s contents. If the home is a rental, the landlord would insure the property, while the renter is responsible for insuring the contents of the home.
Your home is one of the largest investments you will ever make. It is also an expression of who you are. Your home is a place you feel comfortable and relaxed. We need to make sure it stays that way.
WHAT IS HOMEOWNERS INSURANCE?
Home insurance is a type of insurance coverage that is designed to protect homeowners from financial losses and other risks associated with owning and maintaining a home. This type of insurance typically provides coverage for a range of potential risks, including damage to the home itself, liability for injuries to others, and loss or damage to personal property.
One of the most common types of home insurance coverage is property insurance, which can provide coverage for damages to the physical structure of the home, as well as to any personal belongings inside the home. This can include coverage for events such as fire, theft, vandalism, and severe weather.
In addition to property insurance, home insurance policies may also provide liability insurance, which can provide coverage for injuries or damages that may occur on the property or as a result of the homeowner’s actions. This can include coverage for medical expenses, legal fees, and other related expenses.
Other types of coverage that may be included in a home insurance policy can include additional living expenses, which can provide coverage for temporary living expenses if the home is uninhabitable due to a covered event, and personal liability umbrella coverage, which can provide additional protection above and beyond the limits of the primary liability coverage.
Overall, home insurance is an important tool for homeowners to protect themselves financially in the event of a loss or other risk associated with owning a home. The specific types and amounts of coverage that are required or recommended may vary depending on the state and individual circumstances, so it’s important that we carefully review your options and choose the coverage that best meets your needs.
WHAT DOES HOMEOWNERS INSURANCE COST?
The costs of homeowners insurance depend on a number of factors, including the coverages you select, features of your home and the value of your personal belongings. There may also be extra costs for additional coverage or increased coverage limits. We can help you choose the coverages that fit your needs and also help determine if you are eligible for any policy discounts.
- Homeowners insurance typically helps cover:
- Your Dwelling
- Contents replacement
- Outbuildings and other structures
- Loss of use
- Personal liability
- Medical payments to others
- Extended coverage for home Computers, Jewelry, Guns, Furs, Antiques, Collectibles, and many others.
For renters,you have a lot to lose if you don't have Renters Insurance
Renter’s insurance is a type of insurance policy that provides coverage for individuals who rent or lease their living space, such as an apartment, condo, or house. This type of insurance typically provides protection for personal property, liability, and additional living expenses.
Personal property coverage helps to protect your belongings, such as furniture, clothing, and electronics, from damage or loss due to covered events such as fire, theft, or vandalism. Liability coverage can help protect you financially if someone is injured on your rental property or if you accidentally cause damage to someone else’s property.
Additional living expenses coverage can help cover the cost of temporary housing and other living expenses if you are unable to stay in your rental property due to a covered event, such as a fire or natural disaster.
It’s important to note that the specifics of renter’s insurance policies can vary depending on the provider and the individual policy, so it’s important that we carefully review the terms and coverage options to find you what best meets your needs.
Renters insurance is for occupants who do not own the property but want to protect their personal belongings that are in the home or on the property. It is important for renters to note that the property owner’s insurance policy does not cover them, and their items are lost in the event they are damaged or destroyed. Renter’s insurance policies will reimburse a renter for the replacement cost of property that is lost or damaged while on the property.
Landlords may stipulate or recommend that tenants obtain their own renter’s insurance in the lease agreement, absolving the landlord of responsibility for lost or stolen items belonging to tenants.
Renters should never assume a landlord’s insurance will cover anything they own in their rental or on their property.
- What Does Renters Insurance Cover?
- Renters insurance provides financial reimbursement to cover a tenant’s lost or damaged possessions as a result of fire, theft or vandalism. It also covers a tenant’s liability in the event that a visitor is injured on the premises. Renters insurance can also provide compensation for alternative living arrangements in the event that your rental unit or rented home becomes uninhabitable due to storm damage or an apartment fire.
KEY TAKEAWAYS:
Homeowners insurance covers the actual building you live in (and associated structures like garages).
When taking out a mortgage, most lenders will require you to take out homeowners’ insurance.
With renters’ insurance, the landlord will be expected to have coverage on the building while your insurance will cover your personal property.
Renters insurance is taken out by tenants to cover personal property and liability owned by the tenant and not the responsibility of the landlord.
- Ask us about your Home & Auto Bundle Discount!
