When you purchase a home this will almost always be required by the bank you use for the loan. A homeowners insurance policy is an extremely comprehensive package of coverages but at the basic level it covers your dwelling, contents, other structures on your property, and your personal liability. We will work with you to determine appropriate levels of coverage. Click here for more info
This insurance is usually required by the condo or coop association when you purchase, and may or may not be required by your lending bank. The policy form, an HO6, is appropriate for both a condo or coop purchase and is a comprehensive package of coverages. At it’s basic level the insurance covers damage to the interior of your unit, your contents, and your personal liability. We will work with you to determine an appropriate level coverage. Click here for more info
Sometimes required by your landlord in order to sign your lease, renters insurance has become much more common today as it’s an extremely affordable way to help ensure that you are covering yourself properly. It’s very important if you’re just getting out on your own as your landlord’s insurance does not cover your possessions or damage you cause to another unit. Click here for more info
In all states auto insurance is a requirement in order to register your car. Although each state has a minimum level of coverage needed in order to meet the insurance requirement, it’s often dangerously low and should rarely ever be used. With all the choices today for auto insurance, it’s more critical than ever to work with an agent to make sure you have the best policy for what you can afford. At it’s basic, the auto policy covers your liability if you cause damage or injury to another party, injury to you and people in your car, and if you choose, damage to your car. Click here for more info
Even though your home and auto policies have their own liability coverage which protects you if you’re found responsible for causing injury or damage to another party, it may be too low. Your personal liability coverage is what protects your assets and overall net worth if you are sued, and many home and auto policies top out at a level too low to properly cover that. An umbrella policy provides extra liability coverage to all of your policies and is often very inexpensive for the coverage afforded. Click here for more info
High value items, like jewelry and fine arts, is often limited in how they are covered on a homeowners policy. They could be limited by coverage, by value, or a combination of both. Because of this, it’s very important to consider scheduling your valuables on your homeowners or renters insurance policies to make sure they are properly covered.
Natural disaster flooding is something that is not covered by your typical homeowners policy. And as we have seen over the last few years, flooding can happen to matter where you live. This coverage can sometimes be required by your lending bank if your property is in a flood zone, but can actually be very affordable if your property is not. Click here for more info