You might not think too often about your home insurance, but that little policy quietly protects your Amityville, NY home from so much. Most people know that if a storm or falling tree limb damages their home, their policy pays for repairs. Did you know though, that your home policy from Acme Insurance Brokerage also protects you from financial ruin when someone has an accident on your property?
It is true!
The liability portion of your policy pays for an individual’s medical bills if they sustain injuries while visiting your property. Let’s say your slightly non-graceful cousin visits you and falls down the steps, spraining his ankle and skinning up his legs. You give him a ride to the minor emergency and he gets treated. Your homeowner’s insurance covers that medical bill when he files a claim.
The same portion of the insurance policy protects you for bigger things, too, such as if someone dies while attending a pool party you throw, or some other event. The liability coverage would pay for the medical bills of the person and their funeral. If their family sued you, the policy would also cover the attorney fees, court costs, and the settlement costs up to a certain amount.
Typically, your liability coverage comprises a small portion of your policy. A standard homeowner’s policy provides about $100,000 in liability coverage. That might not be enough to cover everything though if multiple people get hurt.
Come by and talk with an agent at Acme Insurance Brokerage serving Amityville, NY or call us. We can help you determine the right amount of liability coverage to add to your home insurance based upon the entertaining you typically do at home and if you conduct business there.
One of the most important financial investments that we make in life is our house. Our home is the place where we go to every day and night after work. It is the place that we raise our families in. Making sure that your home is exactly what you worked hard for takes time and dedication. Having home insurance that is beneficial to you is key to protecting and preserving your home.
At Acme Insurance Brokerage, we strive to make sure that our clients’ expectations are always exceeded and satisfied. It is vital for homeowners to protect their investment in the most appropriate way with home insurance. We believe that with the proper assistance, owning a home will be an enjoyable experience that many people dream of their entire lives. Here are some things to keep in mind when you are shopping for your home insurance.
Find the policy that is beneficial for you and protects your assets inside. With homeowners insurance, you should look for policies that have coverage in the case of weather damage, theft, and routine maintenance that you will need to do. Your home is where you sleep, which is where you should feel safe and secure at all times. When you have a family, it is also vital to make sure that in the worst-case scenario, if you were to pass away, that they will be well taken care of.
Would you like to schedule a consultation meeting with one of our agents to discuss your home insurance options? Contact our office in Amityville, NY to speak with a member of our team. Acme Insurance Brokerage is proud to serve the state of New York with reliable home insurance protection.
One of the toughest decisions for first-time homeowners is choosing the right home insurance policy. The ultimate goal is protecting their investment in the property, but for some, it may become their long-term home. Thus, it becomes a major priority for first-time homeowners to secure an insurance policy that adequately protects them from financial ruin. Acme Insurance Brokerage can help you choose the appropriate policy and find coverage that meets your needs.
The Importance of Home Insurance
After you have chosen your dream home, now comes the time to evaluate your options for home insurance. Some homeowners believe this will be the easiest decision ever made, but don’t rush through the selection process. You must make sure the policy is as comprehensive as possible. The policy’s coverage needs to protect your new purchase from damage caused by severe weather conditions found around Amityville, NY.
What Can Make Home Insurance More Expensive
For first-time homeowners, you can fully expect to have very little chance of getting a discount on the initial home insurance policy. Loyalty is a two-way street, so you will have to put some time and effort with an insurance agency before seeing some benefits from the working relationship. It may help to bundle your home and car insurance to gain a lower premium price. It’s crucial for you to evaluate whether the cost of the packaged deal is a better option than shopping your home and car insurance separately on the market.
Understanding Policy’s Coverage Limits
When determining the type of coverage needed in your home insurance policy, you better keep in mind that the agreement doesn’t need to include default coverage limits in the wording of the deal. It’s the homeowner’s choice to increase or decrease the coverage limits on certain portions of the policy. In plain English, you’re increasing the dollar amount to protect certain areas of the home.
Here are some examples: dwelling protection covers the structure of the home as well as attached (garage or patio) items. You want the coverage to pay the cost of rebuilding the house in case of a disaster. Personal property coverage takes care of all personal belongings found inside the home. Liability protection covers all medical and legal expenses if a guest is injured inside the house or on the grounds of your property.
Contact Acme Insurance Brokerage in Amityville, NY to speak with an agent about a home insurance policy and how you can get a quote.