Homeowners Insurance

The homeowners policy provides protection against the financial consequences of personal losses. A homeowners policy is a combination of property and liability coverages. The homeowners policy is tailored to meet the needs of a homeowner.

• Dwelling
  This amount of insurance applies to the dwelling and attached structures. The limit of insurance for the dwelling is based on the value of the home and what it would cost to replace the home.
• Other Structures
  This coverage limit applies to detached structures such as a garage or storage shed.
• Personal Property
  It is very important to insure your personal belongings in your home from fire or theft. Generally, you can get coverage on your personal property with the limit being 50% of the value of the home.
• Loss of Use
  Payment would be made for expenses incurred to live elsewhere following a loss that makes the home unsuitable for living.
• Personal Liability
  This provides additional coverages for expenses such as defense cost, expenses incurred providing first aid to others, damage to property of others and loss assessment charges. Normally this coverage comes in to effect when a claim is made or a suit is brought against an insured because of bodily injury or property damage.
• Medical Payments
  This coverage will pay the necessary medical expenses for bodily injury of others if the damage occurred on the insured premises or any location if caused by action of the insured.

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