For most people, the
biggest asset they own is their home. Making sure that asset is
properly protected is vital. Our experienced agents take the
time to review all aspects of coverage with our clients to
ensure that their home is insured to value, and that they have
all the extra coverage necessary to fully protect them in the
event of a loss.
Some key components
to a homeowners policy include:
Replacement Cost Coverage
coverage on your home and personal property can ensure that if
you have a loss, the home will be rebuilt/repaired back to its
original standards and that your contents will be replaced in
today’s dollars, without deducting depreciation. Making sure a
home is insured to value and qualifies for Replacement Cost
Coverage requires that up-to-date replacement cost estimates be
calculated. We conduct these free of charge for all new
homeowners policies we write and at regular intervals for all of
our existing clients.
Coverage is often overlooked on a homeowners policy, but its
importance ranks right up there with the coverage on the house
itself. Personal Liability Coverage provides protection when you
become legally obligated to pay damages for bodily injury or
damage to someone's property because of your negligence. It will
also pay to defend most suits against you, even if the
allegations are false. Some examples include:
▪ Your dog may bite a neighbor or passer-by.
▪ You may accidentally injure someone else while hunting or
▪ Someone could be injured in your swimming pool or slip and
fall on your property.
The cost to increase the limits from the minimum to the maximum
on a policy can be as low as $1 a month, so we take the time to
review various options with our clients to make sure they are
getting the most coverage available for their budget.
carriers offer various types of endorsements that can provide
numerous extra coverage at a small bundled cost. Some of these
coverage's can include Back-up of Sewer and Drain Coverage,
increases to base policy limits on things such as jewelry,
silverware, and money and securities, and the removal of certain
exclusions that may be built into the standard policy language.
It is always good to consider purchasing such endorsements
depending on the value it will provide to a particular insured,
and we can help you sort through them to determine if they are
right for you.
To receive a quote
on your current home or new property you are buying, please
either give us a call or fill out the short form below.
marked with an (*) are required fields. If you have any
questions while filling out this form, please feel free
to call us at 781-350-4410.