Insight to Homeowners Insurance
Home Property Insurance
Whether you own or rent, live in a two-story house, or high-rise condo, your home, and its contents are likely among your biggest investments. Make sure they are protected with a home property insurance policy. Most home property insurance coverage is packaged with liability protection and is available with a variety of great discounts to fit your budget.
What Does a Homeowners Policy Cover? Property and liability insurance protects your home and personal property from loss. It includes medical payments coverage in case someone gets hurts on your property, which helps protect your assets if you are found liable. We offer home property insurance for:
Condo Unit Owners
At All in One Insurance Group, your Local Independent Insurance Agency, we also offer property and liability coverage for farms and ranches and small business owners, as well as home or condo associations, apartment buildings, and other commercial buildings with tenant-occupied units.
Who Needs a Homeowners Policy? It is not just about protecting yourself from the unexpected. When you buy a house, condo unit, or manufactured home, your lender typically requires home property insurance to cover the risk. Many property management companies and condo associations also require property and liability coverage for condo units and apartments. It makes sense to be proactive and get coverage at a price you can afford. We here at All in One Insurance Group, your Local Independent Insurance Agency, can help you identify your needs and choose the home property insurance policy to meet them.
What Does Homeowners Insurance Cover?
Examples not limited to:
Fire or Lightning
Windstorm or Hail
Freezing of plumbing system
What does Homeowners Insurance Not Cover?
Bodily injury or property damage that is expected or intended by the insured
Professional services provided or not provided
Ownership, operation, use, or maintenance of aircraft, motor vehicles, and certain watercraft
Earthquake and Flood
Understanding the Value of Your House
We recommend that you purchase an amount of homeowner’s insurance coverage at least equal to the estimated replacement cost of your home. However, the choice is yours. Determining your home's estimated replacement cost is important because this will ultimately determine which policy options are available to you. Since it is impossible to predict today what the exact cost will be to replace your home in future, it is important to have enough coverage to account for unforeseen circumstances.
Taking a Home Inventory
Along with insuring the value of your house, you will also want to be sure your personal property is insured for the right amount. To do this, you should have a detailed list of your personal property and its value. Let One Insurance Group, your Local Independent Insurance Agency, help you get started documenting your possessions.
Call us today or get an online homeowners insurance quote.
All in One Insurance Group