Homeowners Insurance Overview

What you should know before purchasing homeowners insurance.

If you own a home, you need homeowner's insurance to protect an asset, which in many cases may be your largest financial investment. Homeowner's policies are designed to provide financial protection in the event of damage to your home, such as fire, lightning or windstorm. Your policy will also protect your personal property, such as furniture that is damaged as a result of a fire, or the theft of electronic equipment. In addition you will be protected from liability as a result of home ownership, such as a visitor who slips on your icy steps and fractures a leg.

The standard homeowner's policy covers the following:

• The physical structure of your home, permanent structures on your property, and your personal property.
• Additional costs that you may incur as a result of a covered loss, such as fire to your home that makes your home uninhabitable.
• Personal liability exposures that arise from being a homeowner.

The homeowner's policy that you purchase determines which perils you are insured against. Most homeowner's policies are written under a Comprehensive wording form. The basic coverage is standard in that the policy covers against “all risks” subject to exclusions. Each insurance provider may differ in the number of, or how they word the exclusions.

The Comprehensive policy form provides coverage for the following:

• All risks coverage for your dwelling. Damage to your dwelling from most causes is covered unless it is specifically excluded.
• All risks coverage for your personal property. Damage to your personal property from most causes is covered unless it is specifically excluded.
  
• Limited coverage for jewelry that is lost or stolen. Coverage is usually $2,000 to $6,000, depending on your insurance carrier.

Endorsements Provide Additional Coverage

You can purchase additional coverages through endorsements to your policy. These coverages may be for items such as jewelry, furs, bicycles, gold or silverware. For example, if you were seeking additional protection for your jewelry, you may purchase endorsements that provide:

• Additional coverage for you jewelry beyond the amount covered in a standard policy.
• No deductible for jewelry losses.

You may add other coverages to your homeowner's policy to reflect your specific needs. Please call one of our offices to discuss these coverages. We encourage you to review your policy and call your Customer Service Representative if you have questions about your coverage.

Mobile Home Insurance

Do you need insurance protection for your mobile home? Mobile home insurance is similar to a homeowner's policy, but it's written specifically to meet the needs of owners of mobile homes. Your policy covers your mobile home and its contents and offers personal liability protection.

We offer mobile home insurance for units that are up to ten years old.

Get a free competitive quote on your single, double, or even triple wide.

Please call us at one of our locations during normal business hours.

Please Note:

These are general policy descriptions to help you understand the different types of coverages. They do not refer to any specific contract of insurance, and they do not modify any definitions expressly stated in any contracts of insurance. We encourage you to speak to your Customer Insurance Representative and to read your policy contract to fully understand your coverages.