What is
Home Insurance?

Home insurance is a policy that provides protection for homeowners and includes dwelling coverage, safeguarding the physical structure of the home, personal property coverage for belongings inside, and liability protection in case of accidents on the property. Additional coverages may include protection for other structures on the premises, reimbursement for living expenses if the home becomes uninhabitable, and medical payments for injuries that occur on the property. The types of damages that are covered vary by policy, but typically include protection for damages from lightning, fire, vandalism, theft, hail, storms, aircraft, and vehicles. Floods are generally the most commonly excluded peril with home insurance, but can easily be covered by a separate Flood Insurance policy.

Comercial Auto Insurance
About Since 1985

What Affects My Home Insurance Rates?

Key factors include the home’s location, construction type, and age, especially that of the roof. Homes in areas prone to natural disasters or with higher crime rates may face increased premiums. The deductibles chosen, the replacement cost of the home, its size, and the materials used in construction also impact rates, along with a homeowner’s claims history and credit score. The presence of safety features like security systems or smoke detectors, whether someone has multiple policies with the same insurance carrier, and being located in a gated community can all positively influence the cost of coverage.

What Coverages Come With Home Insurance?

Standard Coverages:

Dwelling Coverage:

Protection for the structure of the home, including walls, roof, and built-in appliances.

Personal Property Coverage:

Coverage for personal belongings inside the home, such as furniture, electronics, and clothing.

Liability Coverage:

Protection in case someone is injured on the property, and the homeowner is found responsible.

Additional Coverages:

Loss of Use:

Coverage for additional living expenses if the home becomes uninhabitable due to a covered event.

Medical Payments:

Coverage for medical expenses if someone is injured on the insured property, regardless of fault.

Other Structures:

Coverage for structures on the property that are not part of the main dwelling, such as a detached garage or shed.