Home Insurance

1. You own your own home or condo
and
2. You have a MORTGAGE on your home / condo
and
3. You have ASSETS to protect

WHY HAVE A HOME INSURANCE POLICY?

PROTECTION! PROTECTION! PROTECTION! 

Did You Know...

1. Owning a home insurance policy protects not only your house but also...

• a.  Other Structures (like a shed or a detached garage you have on your property)
• b.  Your personal belongings; clothes, furniture, appliances, toys, cookware, pictures, etc., etc., etc...

• c.  Loss of Use - If something happens to your house (a bad storm causes enough damage that you have to live elsewhere), the policy will pay the rent on ANOTHER house until you can move back into your home.

2. Owning a home insurance policy protects your assets - current and future.

• The liability part of the policy protects you if someone is on your property and is injured due to some problem that you haven't taken care of such as icy sidewalks in the winter. 
• It also protects you, if you accidentally injure someone of damage their property while participating in some activity such as hitting someone with a golf ball while playing golf or causing smoke damage in a hotel room you're occupying.
• The insurance policy pays medical bills, pays for time lost at work and pays to repair damage you may have caused.  The liability part of the policy protects you if the injured party decides to sue you!  The policy even pays for your lawyer!!

3. What can happen that will be covered by your home insurance policy?

• Lots of things...such as fire, windstorm, hail, lightning, explosion, a vehicle hitting your house, pipes freezing and bursting, vandalism, burglary or robbery, and much more.  A deductible will be applied to any property damage loss that occurs.

4. What is different about a condo owner's policy and what will be covered by your condo insurance policy?

• A condo policy is different in that it usually DOESN'T cover a house.  The condo building is normally covered by a master policy carried by the condominium association.  Instead, the individual owner’s policy covers additional or upgraded items the owner of the condominium adds to the building.
  
  For instance, it could be something simple like an upgraded lighting fixture or something more elaborate like a fully customized bathroom with upgraded fixtures throughout.  In neither case, will the condo owner remove these items should they decide to move so these items are now a permanent part of the condominium but the owner who installed them needs to provide coverage for them on their condo policy.  Whatever the changes, the policy refers to them as either “Improvements and Betterments” or “Additions and Alterations” and they are covered with the same type of coverage as the building on the homeowner policy is covered.
  
  The policy includes coverage for Other Structures, Personal Belongings (Contents) and Loss of Use, just like the home owner insurance policy.

5. What can happen that WON'T be covered by your home insurance policy?

Your home policy has a list of things that are EXCLUDED from coverage and some of them you can actually buy special coverage for.  a few things not covered that can be covered separately:  flood, earthquake, losing a piece of jewelry...

A few things not covered that you won't be able to insure separately:  wear and tear to the property, damage you cause intentionally, damage caused when the house is left vacant for an extended period of time...

HELP!!

HOW DO I KNOW WHICH POLICY AND WHAT COVERAGE IS RIGHT FOR ME???

CONTACT US...YOUR LOCAL INDEPENDENT INSURANCE AGENCY.

WE'LL DO THE SHOPPING FOR YOU

Locally you can call

(636) 239-1130

Or try our toll free number

(877) 919-1130

IF you are looking to insure the following we can help...