Homeowners Coverage

Your home is one of your most valuable possessions. It's important to understand the homeowners fire policy. Along with outlining what is covered, it also contains many conditions of coverage and many endorsements to add coverage or to eliminate certain exposures. You should review those exclusions that are part of every policy.

Pricing should be balanced along with a tailor-made contract. You want to make sure you're insured with a financially solvent company that can pay a claim. You want to do business with a proven professional independent agent, someone who will be around when you have a problem.

You need to know how much coverage will be needed to rebuild your home and how the insurance industry calculates replacement cost values. If your home is not adequately insured at the time of the claim; you may suffer financially due to the co-insurance (penalty) clause. Although some type of replacement cost endorsement may be attached to the policy, you are still expected to insure your home to value at all times.

There are many options to consider. Our goal is to identify your various exposures to financial loss, make recommendations, help implement a plan and continuously monitor it in the future. Isn’t that what you would want for you and your family?

We offer a number of discounts for our clients, including:

• Package credits for insuring your home and auto with the same company
• Non-smoker credits (no household members in the last 12 months)
• Smoke detectors and/or local alarms
• Central fire and/or burglary alarm monitoring
• Newer home credits
• Renewal credits your continued business
• Superior home credits and/or modern construction credits
• Renovation credits for your older home that has been updated
• Matured insured credits if one or both insureds are retired and over age 55

Here are some other available coverage features for you to consider:

• Replacement cost coverage for your personal property
• Ordinance and law coverage, providing true guaranteed replacement cost coverage on your home
• Personal Umbrella liability coverage up to $5,000,000
• Dwelling under construction treated as a preferred policy with coverage for theft of building materials
• Special form coverage for both your home and contents
• Increased Special Limits of Liability Coverage, designed to lessen the standard restrictions of coverage
• Personal Injury coverage
• Sump Pump and Backup of Sewers & Drains
• Schedules for your valuable jewelry, fine arts and collectibles that are restricted on the standard policy
• Special endorsement for your many smaller jewelry items (when it is not cost effective to get appraisals)
• Earthquake coverage; otherwise excluded
• Snowmobile liability; otherwise excluded
• Day Care liability; otherwise excluded
• Business Pursuits; otherwise excluded
• Watercraft; otherwise severely restricted
• Loss assessment coverage for association members of condos and cluster homes.

Frequently-Asked Questions about Homeowners Insurance