Homeowners Insurance
Your home and valuables are indispensable, so protect them with a policy from someone you can trust. Our wide selection of insurance companies is sure to meet any home’s needs; big or small.
Coverage
We provide all the coverage you could possibly need for your home. Here’s some of the popular coverage types that we offer:
A standard Homeowners Policy will provide coverage for building material replacement costs after your home is damaged. If the original building materials are not available, they will be replaced with a similar kind and quality.
Homeowners Insurance will cover the cost of your personal belongings, anywhere from 50%-70% of the Dwelling Insurance limits. The actual percentage will be decided between you and the agent when you sign up.
Loss of Use Insurance provides financial aid to live elsewhere if your home is uninhabitable. If you rent out a portion of your house to others, you can be reimbursed for lost profits with the proper endorsement.
Liability Insurance pays for medical expenses and legal fees resulting from anyone injured by you, your family members, your pets, or on your property.
Most standard Homeowners Policies will cover you for fire, lightning, hail, explosions, theft, or plumbing system failure. Anything that is sudden and accidental.
Disasters that are not covered include flood, earthquake, or structural failure from lack of routine maintenance. Flood and Earthquake Insurance can be purchased as separate policies and should be considered if you live in a high risk area.
Discounts
There are dozens of ways to save on a homeowners policy, but your best bet is with discounts. These discounts are commonly available from most insurance companies:
If you have a security system, smoke detectors, or fire alarms installed in your home, you could be eligible for multiple discounts.
Having more than one type of policy with your Insurance Provider will net you major savings. For instance, combining your Auto and Homeowners Insurance could potentially negate the cost of your Homeowners Insurance entirely.
Staying with the same Insurance Provider for 3+ years can earn you discounts for your loyalty.
Having your insurance premium withdrawn automatically each month will qualify you for an additional discount.
Having Umbrella Insurance in addition to your Auto, Homeowners, or Renters Insurance can save you money. This discount can be combined with the Multi-policy Discount as well.
Think about...
How should your personal belongings be insured?
There are typically two ways to cover your personal belongings.
The first way is to insure them for Actual Cash Value, meaning you will be reimbursed for the replacement cost of your items, minus depreciation. This can make a big difference if you your possessions are old.
The second way is to insure them for their Replacement Cost, meaning you will be fully compensated for your items, regardless of depreciation.
Are your liability limits high enough?
Medical bills can be expensive. If someone is injured by you or on your property, you could end up footing the entire bill, or worse – get sued! Don’t short yourself by not being prepared with adequate coverage.
Haven Insurance recommends at least $300,000 in Liability Coverage.
What kind of deductibles should you pay?
A deductible is a dollar amount paid to your Insurance Provider to access your coverage. Deductibles can range from $250 to $2500 or more.
Higher deductibles will lower your monthly payments, while lower deductibles will raise your monthly payments.
