Homeowners

Homeowners insurance, also referred to as home insurance or property insurance, provides coverage for your private home and compensates you in the event of a loss. If your home is burglarized or is partially or totally destroyed by a cause that is covered by your policy, homeowners insurance will help you replace your belongings, repair your home, or even rebuild.

Homeowners insurance also provides liability coverage which protects you, the homeowner, in the event that someone is injured on your property or you are deemed responsible for personal injury or property damage through negligence.

The amount of compensation you receive in a claim, or that the claimant receives from your insurance company when filing a liability claim against you, depends on the limits set for your policy. An independent agent in the Trusted Choice® network can help you to determine the amount of coverage that makes the most sense for your home and your risk tolerance.

Homeowners insurance typically covers you for:

  • the structure of your dwelling
  • other structures on your property
  • your personal belongings
  • personal liability

The type and amount of coverage you need depends upon:

  • the type of home you live in
  • its value
  • the value of your personal property
  • whether or not you have a mortgage on your property
  • your personal finances

Since your family situation changes over the years as you remodel and increase the value of your home, the right amount of coverage for you will change over time. So be sure to evaluate your coverage needs on a regular basis.

The type and amount of coverage you need depends upon:
the type of home you live in
its value
the value of your personal property
whether or not you have a mortgage on your property
your personal finances
Since your family situation changes over the years as you remodel and increase the value of your home, the right amount of coverage for you will change over time. So be sure to evaluate your coverage needs on a regular basis.

Investment Property