Why a basic Homeowners policy isn’t always enough

Sometimes, a basic homeowners policy just isn’t enough. So as your career advances and your income increases, it’s important to keep your insurance protection up to date. This helps you avoid expensive gaps in coverage and prevents you from paying too much out of pocket in case of a claim. To be properly protected, you need a homeowners policy that grows with you.

That’s why we offer multiple homeowners policy options, including packages specifically for customers who need higher levels of protection. You may benefit from additional coverage if any of the following apply to you:

• The cost to completely rebuild your home is between $500,000 and $3 million.
• You have a custom-built home.
• Your home has marble countertops, custom cabinetry, high-end appliances or electronics, valuable collections of various kinds, or similar amenities.
• You have substantial financial assets to protect.
• You have additional or unique risk exposure.

Valuable Coverage Extensions

Extended dwelling coverage: Full reconstruction costs are often different than market value. This helps you rebuild if construction or permitting costs change.

Building ordinance or law coverage: Ensures that if you must rebuild to current codes, the additional costs are covered.

Replacement cost up-front coverage: Provides flexibility to use your payout for a new home in a new location.

Personal property replacement cost coverage: Replaces items like electronics and art without depreciation.

Personal offense coverage: Offers protection against lawsuits related to libel, slander, or social media activities.

Is your homeowners policy up to date? If you’re unsure, contact us to discuss your situation.