Basic Coverages Included in
Property Damage Coverage
"Property Damage" coverage is designed to help pay
for damage to your home and personal property.
"Other Structures" coverage will help protect your
detached garage, tool shed, and other unattached structures. Generally,
the coverage is 10% of the amount for which your home is insured.
"Personal Property" coverage helps pay for a loss of
your personal possessions, such as clothing, furniture, TV, stereo and
other unattached personal items. You may want to review this coverage
with us, to make sure you are adequately protected in this area.
If you need additional coverage for higher valued
items, please ask us.
Personal Property Floater
A homeowner's insurance policy normally provides
limited coverage for collectibles, jewelry, furs, etc. It may be
necessary to insure your valuables with a Personal Property Floater. A
Personal Property Floater itemizes each item, gives a description of the
item insured, and lists excluded perils. It normally provides coverage
that is broader than the coverage in your standard homeowners insurance
policy. Please ask us if you need an evaluation of your risk in this
Personal Liability Coverage
Your homeowners policy provides Personal Liability
coverage to help protect you against a non-auto claim in which you were
at fault. Liability coverage in your policy covers both the cost of
defending you and damages the court orders you must pay. Liability
insurance does not have a deductible that you must meet before the
insurer begins to pay losses. We can review your current limits of
coverage, and help make sure you have enough protection in this area.
Medical Payments Coverage
Medical Payments coverage is designed to pay for an
injury to someone OUTSIDE your family. It can often help settle "small"
injuries outside of court before they become BIG claims in court. This
is not medical coverage for your and your family.
Additional Living Expenses
Where will you live if your home is badly damaged?
If move into a hotel or apartment for awhile because
of damage caused by a covered loss, your homeowners policy will normally
cover the stay, subject to policy limits.