Homeowner and Renter Insurance
Your home is likely their most valuable investment —an asset to protect for a lifetime. Homeowner’s insurance provides protection for the physical structure, as well as the home’s contents. This insurance also provides liability coverage if someone suffers physical injury or property damage while on the property. And, of course, this insurance also secures one’s financial responsibility to the mortgage company that financed the home purchase.
Homeowner’s insurance typically covers losses or damages from: fire, smoke, theft, vandalism, lightning, hail, windstorms, breakage from heavy snow and ice, civil disturbances, explosions, freezing of plumbing, damages from heating and air conditioning systems, aircraft, falling objects, and other causes.
While homeowner’s insurance provides broad and basic coverage to handle most incidents, it’s still a good idea to get the advice of an insurance agent, especially if you think certain circumstances might apply to a specific property.
Renters also need insurance. Though similar to homeowner’s insurance, renters insurance is designed to cover the special issues and needs exclusive to a rental property.
Important reminder
If a remodeling project is in the future, give us a call. We want to make sure that you have adequate coverage during the remodeling project and after it is completed. Depending on the remodeling project, the value of your home could change, which, in turn, would affect the amount of insurance you need.
