Home Insurance Coverage – Learn How Your Coverage Stacks Up

Home Insurance Coverage – Learn How Your Coverage Stacks Up

Review your home insurance coverage so that you can keep your home safe.

Your homeowners insurance gives you the coverage that you need to protect your home from disaster. However, with such broad coverage, it’s important to understand the specifics of your policy. That way you’re able to identify coverage gaps and invest in the right protection so that your home is secure. Review your home insurance in Astoria so that you can best understand your coverage. Here’s what you need to know about your policy.

Types of Homeowners Insurance.

Your homeowners insurance gives you coverage for the structure of your home and your personal property inside your home. However, there are multiple types of homeowners insurance. From basic HO-1 to special HO-3, different policies offer different coverages. These differences range from the types of disasters that are covered under your policy to how much personal property is covered. It’s important to review the specifics of your policy so that you can determine if it best fits your needs.

Covered Perils.

Your homeowners insurance gives you protection when you sustain damage due to a disaster. These disasters are known as perils. From windstorms and hail to theft and vandalism, there are a variety of perils that are covered under your policy. However, it’s important to keep in mind that not all disasters are covered under your insurance policy. Things like floods and sewer back-ups are not covered under your policy. Ensure that you know which disasters you’re not covered for and whether you need to purchase supplemental insurance.

Coverage Limits.

Every policy has limits. Ensure that you’re aware of your coverage limits so that you can adjust them if necessary. It’s important that you have enough coverage to rebuild your home from the ground up. Also, if you have valuable items, ensure that your personal property coverage is able to cover your jewelry, electronics, and more.

When it comes to keeping your home well protected, ensure that you have the right home insurance in Astoria. Contact the professionals at 01 Insurance to find the best personal and commercial insurance in New York.