The main purpose of insurance is to protect you against losses you cannot afford. Few people have the financial resources to rebuild their homes. In addition to protecting your home and possessions, homeowners insurance also provides liability coverage to protect you from financial ruin if someone is injured on your property and sues for damages.
A homeowner’s insurance policy consists of coverage for your dwelling and your personal property. It also includes liability insurance which pays for injuries to other people or damages to their property accidentally caused by you, your family or your pets. You also can buy several types of additional property insurance not listed in your homeowner’s policy or for perils not covered — such as flood — for which you need a separate policy. You do this by either buying a separate policy or by adding an endorsement or rider to your policy.
Your home is vulnerable to a loss in many different ways. Everyone thinks about wind, hail, tornadoes and floods as threats to their home. But, not everyone considers a burst pipe, a tree falling down or a stranger slipping on your front step during a snowstorm. Having the right type of coverage gives you peace of mind.
We will explain the different coverage options to you, walk you through the different policies and help you make the right decisions for your specific situation.