Homeowners Insurance can be a tricky thing. It’s important to know what is covered and what is not covered under your plan. For example, is your fence covered? Is the shed in your backyard covered? What happens if the sump pump backs up and I have a flood in my house? What if the neighbor’s kid gets hurt playing on my son’s trampoline? What if there is a flood where I live? What if there is an earthquake… is that covered? What if someone steals my computer at my vacation rental home while I am at the beach… is that covered?
Did you know there are actually 8 basic types of homeowners insurance policies? Each type of policy is very different from the other but each type determines exactly what is covered and what is not for your home and your property. To complicate matters, each of the 8 types of policies have typically 5 subcategories of insurance. They truly make it difficult, and you should have an expert on your side that will fight on your behalf to get you the best coverage possible at a reasonable rate.
We come across many people that have no idea who their homeowners agent is, and quite a few that don’t even know who their insurance company is. There are many people that might be under insured and in some cases over insured. Much of the time people pay way too much for their Homeowners insurance, but they don’t realize it because the cost is tucked away within their monthly home mortgage bill.
Call us today at (540) 645-6195 and let’s see if you really have the coverage you need and are paying a reasonable price.