UG Insurance Brokerage Inc Blog
Whether you are alone, married, or just moving to another place, there are a lot of considerations in buying your own house. The location, materials used, price, and environment are some things that the buyer should consider. A newly purchased home needs some protection, which, homeowner insurance can provide. Homeowner insurance protects both property and personal belongings in case of damage and theft. Here are examples of aspect that homeowners insurance covers and some limitations of the coverage:
It contains the whole structure of the house as well as structures attached to the main building. It can also cover unattached structures like tool shed and garage from perils. The coverage also includes damages in pools and trampolines if the house had either of the two. It also contains risk-covered roof damages and plumbing services.
Personal Property and Liability
Homeowner insurance covers all things, whether appliances or furniture, inside your house that you own. The insurance offers repairs and replacements on private properties as long as the damage caused is part of the covered risk. Furthermore, the coverage includes injury to a visitor caused by broken pieces or places inside your house. The insurers analyze the harm caused, and if proven right, it can provide coverage for legal expenses and medical bills.
Insurers can offer additional coverage for extended and better protection of one's house. For example, aluminum wirings can be additional coverage to protect the home from fire hazard, whether the installations directly or indirectly cause it. Damages from pets are part of the insurance but depend on the inclusion of pet breed in the coverage. Another additional coverage is tree removal, which can be a part of the protection depending on conditions. Moreover, additional coverage includes air conditioning units and foundation repairs.
Natural damages caused by earthquakes or floods are not part of the insurance. The insurance also excludes insects like bed bugs and termites and microorganisms like molds. However, additional coverage and individual variations of the insurance can include all these aspects.
A home is an investment that one must need to protect. It is crucial to know the variations of homeowner insurances to ensure the safety of your house and personal properties. Remember to protect your house by buying homeowner insurance in your preference.
At UG Insurance Brokerage Inc., we put our clients first by offering them policies that they can afford. Having insurance is a necessity nowadays and we're here to help you out. Learn more about our products and services by calling our agency at (718) 848-7777. You can also request for a free quote by CLICKING HERE.