Not only is your home likely your most valuable asset, but it is the center of your daily life. You need an insurance company that understands the value of your home and is committed to prioritizing your claim should your home be damaged or destroyed. The Fite Agency will provide you with the best combination of tailored coverage, exceptional service and fair pricing.
Insurance for All Kinds of Homes
Whether you live in an apartment, house or condominium, having the right home insurance coverage will provide you with peace of mind and the money you need if you must repair or replace your home and/or your belongings. Contact us to receive more information today!
Insuring your home will help protect you if you suffer a loss due to theft, fire, vandalism, or another qualified event. Home insurance will also protect you if someone is injured while they are on your property and they win a legal judgment against you.
Homeowners policies differ by what type of residence you own, which coverage you choose, and which losses are covered. You are able to select the coverage of your choice, whether you opt for a more comprehensive policy that covers losses such as hail, smoke, fire, falling objects, theft of personal property and vandalism, or whether it’s a policy that covers only certain losses.
Whether you are a homeowner, a renter or a landlord, the Fite Agency is here to help you find the right insurance policy for your home that will fit your needs. We specialize in simplifying the insurance coverage selection process, and will make you confident that you are getting the best policy for the best price.
Home insurance policies are most often made up of the individual options you choose, so how much you will pay for your policy depends on:
1. How much you want covered. Higher deductibles shift part of the loss payment to you, and typically will lower your premium. For instance, if you choose a $300 deductible, you will pay the first $300 of the covered loss.
2. Which options you select. Homeowners insurance options are usually priced individually, so how much you will pay for your policy will depend on which coverage you buy.
3. Where you specify your limits. You are able to set higher limits than those that are recommended if it is appropriate to your unique situation and needs.
Are you worried that you are not completely covered? An umbrella insurance policy will extend your coverage, and provide you with broader protection.
The Right Coverage. The Right Price. The Right Value
The cost of a homeowners insurance policy depends on many factors, including your personal housing situation and the assets that you choose to protect.
Protection for Your Home
Property or Dwelling Coverage usually pays to rebuild or repair your home if it’s damaged or destroyed by a covered event like a kitchen fire or windstorm.
Protection for You and Other People
Personal Liability Coverage will provide protection if someone happens to be injured or their property is damaged and you are at fault. This coverage typically applies anywhere in the world, providing you with valuable protection even while you travel.
When you choose your liability coverage limits, it is key to consider factors such as how much money you typically earn and what kind (and the value) of assets you own. It is important that your personal liability coverage is high enough to protect your assets if you are sued.
Medical Coverage
If any guests are injured on your property, and in certain cases if people are injured off of your property, this coverage will pay for medical expenses. However, it does not cover any health care expenses for you or other household members.
Additional Living Expenses
If you are not able to live in your home because of a qualified loss, your home insurance policy will cover any additional living expenses—usually for up to 24 months—while the damage is assessed and your home is rebuilt or repaired.
Protection for Your Belongings
Your home isn’t the only asset that is important to you. Personal Property Insurance helps replace personal items such clothes, furniture and electronics if they are stolen, lost or destroyed as a result of a covered loss.
Scheduled Personal Property Coverage
This coverage provides broader coverage for special items such as jewelry, art, collectibles or antiques. Talk with your agent about this additional coverage.
If You Rent Out Your Home
You don’t have to fear that a tenant will cause you financial loss due to damage to your property. Landlords may have the option to purchase optional liability coverage to protect them from the risks posed by tenant-occupied dwellings.
If you are a landlord, it is wise to make an inventory of your home and personal belongings and keep it somewhere other than in the home in question. It is advised that you take photos or video in addition to making a written list, as using two inventory methods may speed up the claim resolution process. It is important to be aware that your policy does not cover damages that are caused by poor or deferred maintenance on your part.
Each and every home is unique. Talk with us today to find out how we can help you find the tailored coverage you need.
