Most people don’t know a lot about home insurance. It sounds complicated, and it can be hard to find the right company. If you need some help understanding your coverage or choosing a policy, here are four things you didn’t know about home insurance that might help!
1. You Can Get Coverage for More Than Just Your House
Most policies offer protection for other structures on your property and any personal items inside those structures. Homeowners have been known to insure their cars from damage caused by falling trees in storms. Remember: if it’s on your property and could cause damage or injury if destroyed, it should probably be insured with a homeowner’s policy!
2. Homeowners Insurance Is Not one-size-fits All
No two homes are the same. And because every house is different, a homeowners insurance policy will be different too. The best way to get a good idea of what you need for coverage is to create an inventory of your belongings and their individual values. That way, you can take the time to shop around and find a policy that has everything you want at a price you can afford.
3. Homeowners Insurance Includes Loss of Use Coverage
Most policies include additional living expenses coverage, which kicks in if you have to temporarily move out of your home due to damage that makes it uninhabitable. This is an important feature because you could be forced to live elsewhere for days or even weeks while your house is being repaired.
4. Homeowners Insurance Does Not Cover Flooding
Flooding is often excluded from standard homeowners insurance policies. Instead, most people purchase a separate policy called flood insurance, which the federal government regulates. If you live in a region prone to flooding, it’s one of the best things you can do to protect your home and assets.
Home insurance is one of the most important coverages you can have. If you need any help or advice about what kind of policy to get, Brevard Insurance Agency Inc in Brevard, NC, is here for you. Give us a call today!
Chad Banner, our Commercial Lines Manager, sits down at Ecusta Brewing to break down helpful and relevant insurance information on builders risk to help you protect what matters.
If you take anything from this episode of Between 2 Claims on builders risk it is this:
🏠Either the builder or the home owner can purchase builders risk insurance. So communication is key. 🏠 One of the main protections this policy offers is protection from theft of building materials. 🏠 It is very easy to roll your builders risk insurance into a homeowners policy when the build is complete. 🏠You can value the policy at several different levels. 🏠 We are here to help you protect what matters. After all: it’s not the house, it’s the home.
Let us know if you’re planning to build a new home – we’d love to be a part of helping you protect what matters!
Have you ever wondered how to make sure your bike is as protected as possible?
Whether it’s a mountain bike, gravel bike, road bike or cross bike…we’ve got you covered. In our first episode of Between 2 Claims, Racheal talks about what you need to know when it comes to insuring your bike (or fleet of bikes). Tune in to this one.
After all: it’s not the bike you’re protecting, it’s the ride. Protect what matters.
Irrespective of where your dwelling is located in North Carolina, it’s imperative to protect your hard-earned asset from imminent calamities. A home insurance policy is designed to safeguard one of a family’s massive investments and their home from prevailing perils such as vandalism and fire. At Brevard Insurance Agency Inc. in Brevard, NC, we offer versatile home insurance policies to ensure that you guard your home against imminent disasters such as theft and other covered liabilities. Our knowledgeable agents work closely with our clients in crafting customized quotes that befit their needs and budgetary allocation.
The home insurance policy covers your home against fire, water damage, lawsuits, theft, and other covered losses stated in your policy document. While acquiring a home insurance policy, some factors on determining its premium rates include:
Year of construction.
The type of coverage chosen.
It’s a prudent move to select a home insurance option matching your budget and need. Home insurance is not mandatory in North Carolina. However, if you have constructed your house using a mortgage, your lender may require you to show proof of home insurance. Home insurance combines both casualty and property coverages. This policy is designed to cover a broad spectrum of perils associated with owning a home. Visit us today at Brevard Insurance Agency Inc. and speak to our passionate and charismatic agents. They will assist you in getting a spectacular customized quote for your home insurance.
What is covered under the home insurance policy at Brevard Insurance Agency Inc in North Carolina?
Coverage for your dwelling structure: This form of the policy pays for renovating or rebuilding your residence if it is damaged by fire, vandalism, or other disasters.
Coverage for your belonging: It protects your items such as sports equipment, furniture, and appliances if they are robbed or damaged by perils covered in your policy.
Liability protection: It covers you from lawsuits resulting from bodily injury or property destruction that you and your family members cause to other people.
Additional living expenses: It caters to additional costs while living away from your home if it is uninhabitable after damage from a covered peril.
Other structures coverage: It protects other structures that are not attached to your houses, such as a detached garage and a gazebo.
Call or visit our offices at Brevard Insurance Agency Inc., located in Brevard, NC, to get a customized quote on a home insurance policy.
Owning a home in Brevard, NC can be a gratifying experience for anyone. Not only do you get the chance to make changes to your property whenever you want (without asking for permission), but you also reap the rewards when your investment goes up. But as your home grows and changes, so too should your home insurance. Brevard Insurance Agency Inc. can tell you more about when to make an official update.
The Value Changes
When we say value, we mean the value of the entire property. This can include anything from buying a big-screen TV to repairing the fence to installing new fancy fixtures in the bathroom. If your home has surpassed the limits listed in your policy, you shouldn’t take a chance if something happens to them.
The Weather Changes
Some homeowners are willing to take the chance when it comes to certain natural weather events. However, many others simply aren’t aware that certain natural disasters aren’t covered under their policy. For example, flooding is typically not part of the standard policy in Brevard, NC. If you’re starting to see more rain during the springs and summers, it’s worth adding some extra coverage.
You Want a Different Carrier
Part of understanding your policy is knowing what it will do for you during real-life situations. If your carrier can’t explain this to you, it may be time to talk to someone with a little more practical experience. Brevard Insurance Agency Inc. is here to help our customers get a handle on when their policy is meeting their needs and when it needs to be adjusted. Give us a call if you need to ask a few questions or if you’re shopping around for a quote in the Brevard, NC area.
From a personal and business stand point the people at Brevard Insurance are amazing! They genuinely care about the success of their clients! Thank you all!
- Jessica Whitmire
Brevard Insurance will take care of your needs and treat you like family. I am a local real estate broker with White Squirrel Realty and send clients to Jay on a regular basis and they always tell me he works hard to find them exactly what fits their budget and lifestyle. There are so many providers to choose from online, but with Brevard Insurance, you can still walk into their office and talk face to face, and my clients appreciate that touch.
- Isaac Allen
Great company, we have personally been insured by The Coan Family since 1981. We have always been treated with utmost respect and have never had any insurance problems in those many years. I highly recommend Brevard Insurance.
- Chris Silliman First Restoration Services
Great Company 👍 Knowledgeable, honest and professional agency. Would definitely recommend them. 5 stars
- Richard Lindgren
Brevard Insurance Agency has been my insurance provider for over a decade now. They have always been there for me and my business. I want to thank them for all the great work they do!
- Wes Dickson
Love these guys! Fair, honest folks with reasonable rates. They are so nice to work with, it feels like family. I would recommend everyone go see them.
- Trent Hardin
Great company... refreshing, coming from the NY area