Wednesday, December 11, 2013
Choosing the Right Home Insurance Coverage
Whether you are a homeowner, condominium owner, renter, or landlord, you’ll get quality coverage and affordable rates from COUNTRY.
Insurance for homeowners
If you own a home, our homeowners insurance will help cover what you need to protect. It covers your home and auxiliary private structures (like garages and storage sheds), personal belongings, liability exposures, and more.
Insurance for condominium unit owners
Condominium owners are usually required to have condo insurance. State law and the condo ownership contract or association agreement will often specify what you are responsible for.
This normally includes personal liability, personal property, and any additions, alterations, or improvements that become part of your unit. Our condo insurance provides protection in each of these areas.
Insurance for renters
When you rent, you still need protection for your personal belongings and personal liability.
Our renters insurance provides that for you – and if you only need a basic policy, you can even add rental insurance as an optional coverage to your COUNTRY auto policy (not avail in IA, MO, MN, ND, or WI).
Insurance for rental property owners
If you’re a landlord or own vacation property that you rent out, Home Protector coverage can be added to your COUNTRY home insurance policy.
Coverage is available for one-, two-, and three-unit rental properties and includes protection for your personal liability, dwelling, outbuildings, and lost income. It even provides limited coverage for your personal property items in the rental building. (Three-unit coverage is not available in all states.)
Read on to see what our COUNTRY home insurance policy covers:
Helps protects you if a third party is injured on your property or you are responsible for damages to someone else’s property
Coverage for defense costs if you are sued for damages covered by your policy
You choose your coverage limit (up to $1,000,000)
Consider an umbrella liability insurance policy if you need higher limits of liability coverage
Optional liability coverages (for in-home businesses, recreational motor vehicles, watercraft, rental dwellings, etc.) are also available at additional cost
Home and personal property
(risk of direct physical loss)
Our best coverage that most homeowners do not have – it provides protection for both your home and personal property for direct loss from all causes except those specifically excluded in the policy.
It provides coverage for everything that Broad Form Coverage (described below) covers, plus things like countertop burns, paint spillage, and power surge damage to electronics.
Many companies do not offer this coverage on personal property.
Broad form coverage
Provides coverage for losses from the causes specifically listed in your policy (fire or lightning, windstorm or hail, vandalism, theft, etc.)
Optional home and personal property coverage (at additional cost)
Identity theft coverage
Replacement cost coverage on personal property
Special personal property increased coverage
Sump pump failure and/or back-up of sewer or drain
Physical damage coverage on recreational motor vehicles and watercraft
Loss assessments from a homeowners or condo association
Replacement cost coverage (available on qualifying homes)
Additional replacement cost
Pays full replacement cost of your home, even if the amount of loss is greater than the limits on your policy (up to a maximum of 125 percent in AL, GA and TN)
We are one of only a few companies to offer this coverage
Extended replacement cost
I am dedicated to helping you achieve financial security and will help you find the policy and coverage options that are right for you.
To find out exactly what home insurance coverage you want and need, contact me today to set up a meeting.