Homeowners Insurance can help individuals to feel safe and protected in their home. At the Alexander Felix Insurance Agency, we understand the importance of customizing each homeowner insurance policy to meet the exclusive needs of both the home and the homeowner.
Homeowners insurance will cover the costs to rebuild your home and replace personal property after a covered loss, such as a fire or natural disaster. It will also provide liability coverage in the event someone accidently gets hurt as a result of your negligence and decides to sues you. How do you decide how much homeowners coverage to purchase though?
If you would like to know the type of protection you could get, please sign up for a quote here:
How much Coverage do I need for my Home:
You will want to keep the following in mind when selecting Homeowners Insurance coverage limits for you and your property. Please read through the following to ensure that we can help you select the best coverage possible:
- 1. Cost to rebuild your home
- 2. Value of your personal property
- 3. Note unique/new features in your home
- 4. Consider additional living expenses
- 5. Personal liability
Financial protection for you and your family. Pays for claims of bodily injury and property damage sustained by others for which you or covered residents of your household are legally responsible.
Coverages for your Homeowners Policy:
Dwelling Protection – Covers damage to your home due to fire, lightning, smoke, storm damage, vandalism and other perils. It is important to purchase enough dwelling coverage to cover the cost to rebuild. Learn more about the cost to rebuild you home by having us run a cost estimator based on your specific home features.
Extended Replacement Coverage – Depending on the carrier will pays up to the policy limit to replace a damaged home in the event of a total loss.