How much Homeowners/Condo Insurance do You Need?

We recommend concentrating on three main factors:

Exterior of home: Insure your home for replacement cost which is the amount it would cost to rebuild your home. Contact our office for a free replacement cost estimator (RCE) to be sure your home is properly insured. * Not required for most Condo policies

Personal Property: Most homeowners policies provide coverage for personal property as a percentage of the home replacement value. Should you feel the amount you have it insufficient, as us how we can get it increased to meet your needs.

Liability: Most homeowners policies provide $100,000 – $300,000 in liability coverage. Feel you need more? Contact us to find out about getting additional liability protection with an umbrella policy.

Why should I purchase Renters Insurance?

As a renter, you have the same risk of losing your personal property to covered perils such as fire, hurricane, water damage, and theft as the homeowner. Just as a homeowner, a renter can be held responsible for damage to someone else’s property or for an injury to a guest in their home. A renter’s policy will cover you for property loss, a liability claim, and even help you be relocated with loss of use should your rented home be damaged by a covered peril and be uninhabitable.

What does Flood Insurance cover?

Flood insurance covers losses to your property caused by flooding. From structural and mechanical damage to flood debris clean-up and floor surfaces (like carpeting and tile), your investment is protected by a flood insurance policy, something that your homeowner’s policy does not offer.

Why should I consider a Personal Umbrella policy?

Personal umbrella insurance provides coverage beyond your homeowner or auto policy by adding an extra layer of liability coverage. Coverage is provided in amounts of $1,000,000 increments. Umbrella insurance also covers situations that may not be covered by another policy such as slander or libel.

The umbrella policy coverage kicks in where you’re existing coverage ends.