you own a house, a condominium or rent an apartment,
people their home is their most important
As a leader of quality protection we have developed one of the most
outstanding reputations of offering the
highest rated homeowners
insurance plans in America today. We believe that
an insurance company should do more than pay for financial losses
incurred in the home: It should help prevent losses and accidents,
and offer policies flexible enough to meet your individual needs.
And above all, it should provide you with the security that comes
only from the knowledge that your home is safe.
For this reason,
the companies we represent continue to receive the highest ratings
from the insurance industry's leading analysts and rating authorities.
We can offer
much homeowners insurance should you have?
to protect you and your property.
insurance at an affordable price.
If your home
is completely destroyed, you want to be able to rebuild it to its
original condition. This requires having enough insurance
to replace your home, which may cost more than its value
on the open market. The cost of rebuilding is usually more expensive
than new construction, especially if your home was destroyed along
with many others in a single neighborhood or town. In the wake of
a flood, for example, simple supply and demand can drive the cost
of materials and labor up and cause the price of rebuilding to skyrocket.
homeowners policy covers possessions whose total value equals
70 or 75 percent of the homeowners coverage. In simple terms,
that translates to $70,000 to $75,000 worth of coverage for
your personal possessions if you have $100,000 in coverage on
collect art, have valuable jewelry or keep other things of special
value, consider expanding your coverage to protect those items.
the value of the things you own exceeds the 70 to 75 percent
coverage included in a typical policy, additional coverage can
standard policy will probably insure your possessions at actual
cash value, which is the value of an item at the time of a loss.
make sure you can fully replace lost or stolen items, you may want
to add an endorsement for replacement cost coverage, which will
replace the item with one of similar make and model, regardless
of the stolen or damaged item's actual cash value. In many of our
companies homeowners policies, replacement coverage is included
at no extra cost. Check with us, about your policy, to be sure.
we suggest that you take the time to inventory your possessions.
for an inventory worksheet.
wake of a catastrophe such as a fire, it can be very difficult
to create a list of all the things you owned. Now is the time
to walk through your house and make an inventory of your possessions.
way to do this is to videotape the contents of your home.
When you're done, place a copy of the tape in a safe deposit
box. Or make a copy of your tape or inventoried documents, and
store them at a family members home. Then, if the worst
ever does happen, you'll have a record that can help us to help
you in the replacement of your possessions.