Home ownership is one form of an investment and you want to protect it, right? The answer should be yes! A good homeowners insurance policy will protect you and your home in the event of an unplanned damage or accident. A typical policy will cover damage to your home or other structures on your property. A home insurance policy can also protect you with liability coverage in the event somebody gets hurt on your property.
We usually see home damage as a result of a house fire, wind event, hurricane, flood or tornado. Mother Nature can be wicked and in times of storm damage most homeowners are thankful they have the best Florida homeowners insurance policy. If your home is financed, your lender will require you to carry a home insurance policy. In Florida, if you do not hold a mortgage on your home, the state does not require you to carry a homeowners insurance policy.
What if I have a pipe burst or a burglary or a hurricane rips off my roof? If I don’t carry a homeowners insurance policy who will help me pay for the damages?
In the event you don’t carry a current homeowners policy, you will be paying out of pocket for the repairs. This can be extremely costly. For example, if you have a leaking pipe and don’t realize it until weeks, months or years later, you could be subject to both mold and water damage in your home. This can be extremely costly and almost put a homeowner in financial ruin if they don’t hold an active homeowners insurance policy to financially help with the repairs.
On the flip side, if you do hold an active homeowners insurance policy and you have a leaking pipe, your wallet will thank you! When you place a claim with your homeowners insurance company, you may have a small deductible to meet before the insurance company may pay for the damage(s). The small deductible you pay out of pocket is very minor compared to the thousands of dollars it may take to get your home back to pre-damage condition.
Is liability insurance included in a homeowners insurance policy?
Yes, liability insurance is typically included in a standard homeowners insurance policy.
Why do I need liability insurance in my home insurance policy?
Liability insurance will protect you if you are legally responsible for injuries or property damage to others. Liability coverage protects you from the financial expense of accidents that occur in your home. This type of policy can pay medical bills, legal fees and other costs associated with your negligence. Liability coverage is typically not optional, however you can increase your liability insurance coverage by purchasing an umbrella insurance policy.
An umbrella insurance policy acts as a safety net protecting your assets if you are sued and damages exceed the coverage in your home or auto insurance policies. An umbrella policy is additional liability coverage and goes beyond your other coverage. If you have children, especially those who are driving, it’s wise to purchase an umbrella insurance policy. Accidents can happen and young drivers don’t always exercise the best judgement. At
Brockman Insurance Group in Altamonte Springs we would be happy to assess your current coverage and discuss umbrella insurance rates. Just give us a call, 407-644-9991. Brockman Insurance Group is family owned and operated. We are easily accessible for a conversation. Call our Altamonte Springs office in Seminole County, Florida or stop in, our office is located at 721 Maitland Avenue, Altamonte Springs, FL 32701. We are available Monday through Friday.
If you are looking for competitive insurance rates for Florida home insurance give us a call. We insure homes across Central Florida including those in Altamonte Springs, Winter Park, Maitland, Lake Mary, Sanford, Longwood, Casselberry, Orlando and the surrounding area.
Questions on your homeowners insurance deductible? Did you find a home insurance quote online? Looking for property insurance quote or a home insurance quote? What does a homeowners insurance policy cover?
These are all great questions, and we can certainly answer them. Call us at 407-644-9991. We look forward to
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