Home Insurance in Florida, NY

You will be liable for rebuilding your house if it is damaged from fire, flood or another disaster. Purchasing home insurance can replace your personal belongings or help you if you are liable for damage to someone else’s property or an injury sustained at your home. Additionally, you could also receive coverage to handle court fees, food and shelter if you have to leave you home. Discoursing with an insurance agent can help you discover which type of insurance works for you.

Making the decision to buy a home is one of the largest purchases anyone will make in their life, both financially and emotionally, and it is important to keep the investment protected. Buying home insurance can be a great benefit to make sure that you are covered in case your home is destroyed or damaged.

From basic liability coverage to larger policies, homeowner’s insurance can vary in the coverage for the structure and your personal property in your home.

Meet with a qualified insurance from Keats Insurance Agencies agent today and find out what type of home insurance best fits your needs.

Insurance agencies like Keats Insurance Agencies usually offer the following categories of policies:

HO-1 Policy

An HO-1 homeowner’s insurance policy provides you with essential coverage. It covers damage caused by particular incidents, including fire, lightning, windstorms, hail and explosions. These policies also usually cover damage instigated by civil conflict and volcanic eruptions. Since this policy is very narrow, many states no longer offer it.

HO-2 Policy

This policy safeguards you against 16 types of events, including the resulting destruction from burglary, vandalism or civil tension. It also covers hail damage, windstorm damage and broken glass, along with smoke damage and wreckage caused by a vehicle. If your pipes rupture or your roof collapses, this policy will also protect that.

HO-3 Policy

The HO-3 policy covers all possible reasons of destruction to your property and belonging loss, with the exception of specifically listed events. Exclusions vary from policy to policy, so go over yours conscientiously to comprehend what is going to be left out.

Basic vs. Extra Coverage

Simple homeowner’s insurance typically takes care of the money it will cost to restore compromised property, as well as the replacement costs if your home is damaged. It also covers your belongings, but the items inside your house are only covered for up to 40 percent of the home’s insured value. Extra coverage will defend you against earthquakes and floods, as well as dealing with the loss of individual property like jewelry, computers and cameras.