Home Insurance – What you need to know
Rent or own, ensuring the place you call home will help to protect you financially if you suffer several different covered events including fire, theft or vandalism. It can also provide coverage in the event that someone becomes injured while on your property and wins a legal judgment against you.
Which losses are covered, which coverages you choose, and what your specific type of residence is are all determining factors for the way that homeowners policies differ. Whether it’s a comprehensive policy that covers losses such as hail, smoke, fire, vandalism, and theft of personal property, falling objects, or whether it’s a policy that only covers specified losses, you can choose which policy is the best fit for you.
Whether you’re a house or condo owner, a renter, or a landlord, IMG Insurance is here to help you find the right insurance for your home and will work with you to find the home insurance policy that fits all of your needs. Making it easy to choose which insurance coverage gives you the best value for the best price is our specialty!
Your home insurance policy is comprised of the different options you choose, and so how much you pay for your policy depends on:
- What you select. Generally, homeowners insurance options are priced individually, so what coverages you buy will determine how much you’ll pay for your policy.
- How much you want to cover. A lower premium price shifts part of the loss payment to you by giving you a higher deductible. For example, if you had a $500 deductible, you’d be responsible for paying the first $500 of the covered loss.
- Where you set your limits. If appropriate to your situation and needs, you may choose to set higher limits than the recommended amount.
Worried you are not completely covered? An umbrella insurance policy that extends your coverage may be just what you need.