Chances are, your home is dramatically different than your neighbor’s home. Even if the properties are the same size or have similar outdoor amenities, your belongings and your lifestyle truly make a house a home. So, forget one-size-fits-all insurance policies; your home insurance coverage should be specifically tailored to meet the needs of your family and protect the things you love most. First Heritage Insurance Agency can help you find a home insurance policy that covers your personal assets.
Homeowner’s insurance is the best way to help cover the cost of required repairs to your home after it is damaged. Many policies also protect the contents of your home from these incidents and/or loss through theft. For optimal protection, your policy should include two specific coverage types:
First, determine the amount of dwelling coverage you need by calculating the cost to repair or replace your home in the case of a total loss. This amount is not the price you paid for your home or its current market value, but the cost to rebuild a similar structure with current construction costs. A professional home appraiser can help if you aren’t sure how much it would cost to replace your home.
Personal property coverage is based on the value of or the cost to replace your belongings. Take a thorough inventory of your property, keeping in mind that you would need to buy everything from new throw rugs to bedding to pots and pans if you lost your home.
Some homeowner policies provide add-on coverage for specific situations. Common options include:
Whether you need a basic homeowner’s insurance policy or coverage with all the bells and whistles, contact the team at First Heritage Insurance Agency for your free home insurance quote. You can also bundle coverage with your auto insurance policy for even greater savings. Call us at 631-659-2889 today.