Whether you own a
house, a condominium or rent an apartment,
for most people their home is their most important
investment. As a leader of quality protection, we have developed one
of the most outstanding reputations of offering the highest rated
homeowners insurance plans in America today. We believe that an
insurance company should do more than pay for financial losses
incurred in the home: It should help prevent losses and accidents,
and we offer policies flexible enough to meet your individual
needs. And above all, your policy should provide you with the security
that comes only from the knowledge that your home is safe.
For this reason, the companies we
represent continue to receive the highest ratings from the insurance
industry's leading analysts and rating authorities. We can offer you...
Many coverages to protect you and your property.
Responsive and caring Claims service.
Property insurance at an affordable price.
How much homeowners insurance
should you have?
If your home is completely destroyed, you
want to be able to rebuild it to its original condition. This
requires having enough insurance to replace your
home, which may cost more than its value on the open
market. The cost of rebuilding is usually more expensive than new
construction, especially if your home was destroyed along with many
others in a single neighborhood or town. In the wake of a flood, for
example, simple supply and demand can drive the cost of materials
and labor up and cause the price of rebuilding to
Typically, a homeowners policy covers possessions whose
total value equals 70 or 75 percent of the homeowners
coverage. In simple terms, that translates to $70,000 to
$75,000 worth of coverage for your personal possessions if you
have $100,000 in coverage on your home.
If you collect art, have valuable jewelry or keep other
things of special value, consider expanding your coverage to
protect those items.
When the value of the things you own exceeds
the 70 to 75 percent coverage included in a typical policy,
additional coverage can be critical. I
A standard policy will probably insure your
possessions at actual cash value, which is the value of an
item at the time of a loss. To make sure you can fully replace
lost or stolen items, you may want to add an endorsement for
replacement cost coverage, which will replace the
item with one of similar make and model, regardless of the
stolen or damaged item's actual cash value. In many of our
companies homeowners policies, replacement coverage is
included at no extra cost. Check with us, about your policy,
Finally, we suggest that you take the
time to inventory your possessions.
In the wake of a catastrophe such as a fire, it can be
very difficult to create a list of all the things you owned.
Now is the time to walk through your house and make an
inventory of your possessions.
One easy way to do this is to videotape the
contents of your home. When you're done, place a copy
of the tape in a safe deposit box. Or make a copy of your tape
or inventoried documents, and store them at a family members
home. Then, if the worst ever does happen, you'll have a
record that can help us to help you in the replacement of your