Front Royal, Virginia Home Insurance
The repercussions of owning a home without insurance can be very costly. If damages occur, the responsibility will be yours. Home insurance may be able to restore your personal property or protect you if you are responsible for damage to someone else’s property or an injury sustained at your home. Additionally, you could also receive coverage to take care of court fees, food and lodging if you have to abandon your home. Meeting with an insurance agent can help you figure out which form of insurance will be the best fit.
When you purchase a home, you’re making a serious financial and emotional investment. Home insurance can be a great benefit to make sure that you are protected in the scenario that your home is destroyed or damaged.
Homeowner’s insurance can vary from more comprehensive policies to basic liability coverage that cover your home’s structure and personal property. Home insurance can also include special policies that protect your home in case of a fire or earthquake.
Meet with a qualified agent from HIS Insurance & Services today and find out what type of homeowner’s insurance best fits your needs.
Insurance agencies like HIS Insurance & Services typically offer the following kinds of policies:
An HO-1 homeowner’s insurance policy gives you essential coverage. It deals with harm caused by certain instances, including fire, lightning, windstorms, hail and explosions. These plans also usually cover damage caused by civil unrest and volcanic eruptions. Since this policy is very limited, many states don’t usually offer it to customers.
This policy secures you against 16 types of events, including damage from theft, vandalism and riots. An HO-2 policy will take care of hail damage, windstorm damage and broken glass, as well as destruction caused by smoke and any damage incurred by a vehicle. If your pipes rupture or your roof disintegrates, this policy will also take care of that.
The HO-3 policy covers all possible grounds of destruction to your property and possession loss, with the exception of explicitly listed events. Exclusions vary from policy to policy, so go over yours conscientiously to recognize what is going to be excluded.
Basic vs. Extra Coverage
Simple homeowner’s insurance typically covers the money it will cost to repair compromised property, as well as the restoration costs if your home is destroyed. It also covers your belongings, but the contents of your household are only covered for up to 40 percent of the home’s insured value. Extra coverage will protect you against fires and earthquakes, as well as dealing with the loss of personal property like jewelry, computers and cameras.