Whether you own or rent, we can find or create a policy.

Property Insurance is a term used for house, condo or rental property insurance. Condominium insurance for owners or renters is like the condo real estate market, more complex. We can make it simple.

To get insurance for your house, condo, or apartment please contact us with the details and we would love to visit with you or you can come to our offices to discuss specifics.

PROPERTY INSURANCE FACTS

Home insurance protects the structure of your home, your personal belongings, and the cost of living expenses you incur if you have to live somewhere else while your home is being repaired. It also covers liability claims and health costs that result from property loss and injury caused to other people.

In the case of a total loss of your home, your insurance should cover the total value of your home. If your coverage is not enough, you will only be paid a portion of the value, which may not be enough. This is also true in the case of a partial loss; you will only be paid the percent to which your home was insured to value. For example, if you house is worth $300 000 and you insure it for $200 000 you have only protected yourself for two thirds of your homes value. If you sustain a $100 000 loss, you would only receive $67 000.

These are the commonly used forms (policies) for Homeowners insurance:

Basic Form Coverage - is a policy meant for protection of home, detached structures, and personal property from losses caused by the specific disasters and perils only:

Broad Form Coverage - adds some more specific disasters, like snow, falling objects, freezing of or accidental discharge of water from plumbing, heating, air-conditioning, or from within a household appliance, and electrical surge damage.

Special Form Coverage - is the most commonly purchased Homeowners insurance. It protects your home and unattached structures from loss or damage due to any peril except for those that are specifically excluded. Usually the perils that are excluded are flood, earthquake, war, and nuclear accident.

Tenant's (Renter's) policy, insures your household contents and personal possessions (but not the building) against the risks in the broad form coverage. It also offers additional living expenses coverage, medical payments, and liability protection

Condominium Coverage - is similar to the Tenant's policy and offers broad coverage and liability protection for the insured condominium unit. This coverage is designed for condominium unit-owners willing to insure items not covered by the association policy.