Homeowners Insurance FAQ's

People fail to realize sometimes how important homeowners insurance can be. The idea behind homeowners insurance is not just to collect a premium from the policy holder but to protect the policy holder from certain events. For example, if there is a loss that occurs on a policy holder’s property, depending on the coverage that the policy holder has, this event can be covered after the paid deductible. This is a small price to pay compared to the overall price of rebuilding a home or a garage with your own financial capabilities.

There are typically five different homeowners insurance coverages. Each policy covers different events beginning with the very basic in the HO-1 policy to the “all perils” coverage in the HO-3 policy. There is also the HO-4 and our HO-5 Premier Policy which are the renters and superior quality risk insurance policies respectively.