Homeowners’ Insurance

Homeowners’ Insurance provides financial protection against natural disasters. A standard policy insures the home itself and the things you keep in it.  There are several different forms of Homeowners’ insurance, we are happy to discuss the variety of coverage and endorsements with you.

Homeowner’s Insurance is a package policy. This means that it covers both damage to your property and your liability. That means it provides legal responsibility for any injuries and property damage you or members of your family cause to other people. This may include damage caused by household pets.  When there is a loss, your policy has a deductible that applies and will need to be considered before contacting your carrier to report a claim.  We highly recommend carrying a high enough deductible to help you remember that insurance is not for minor (less than $1,000 repair) claims. Rather it is there to protect you from the major financial hardships like roof replacement, water damage, tree damage, etc

Your policy will cover damage caused by most disasters. But there are exceptions. The most common exceptions are damages caused by floods, earthquakes, or poor maintenance. Depending on where you live, you must buy two separate policies for flood and earthquake coverages. Some of these risks may be covered by an endorsement. However, maintenance-related problems are the Homeowner’s responsibility.