property insurance

The Basics of Home Insurance

Your house is most likely your most valuable asset. In the event of disaster such as fire, flood, storm or theft, the cost of replacing a house can not only devastate you financially, but can ruin your dreams for the future. Even if it is not a total loss, disaster can severely test your financial resources and your peace of mind. Your house is not like your other assets and possessions – it’s your home.

Homeowner’s insurance helps you start over by providing:
• Money to repair or replace your home in the event of loss.
• Money to replace your contents (furniture, clothes, appliances, etc) if they are destroyed, stolen or damaged.
• Liability protection if someone gets hurt while on your property or if you and your family members accidentally damage someone’s property.
• Money to cover additional living expenses if you are forced to move out of your home because of a fire or some other insured peril.

One of the most important things in choosing a policy is to have an adequate level of insurance coverage, should you need to make a claim. While opting for less cover will cost you less in premiums, having sufficient cover could prove extremely expensive if you ever need to make a claim.

What should you consider when deciding the coverage you need:
• How much will it cost to rebuild your house today?
• How much will it cost to replace the contents of your home?
• What protection do you have against liability claims?

For more information on deciding how much Homeowners Coverage you need,
please Click here to view our brochure or Contact us.

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