Home Insurance

Home, sweet home. It is where you belong to; it is where your heart is. It is one of the largest financial investments of your Lifetime. You need to protect it from all the odds. If you don?t want to have heartbreak if anything happens to your home, take a precaution - buy home insurance. Buying home insurance is like buying anything else. Shop around, talk to us, and learn how we can help you get the best product.

What is it?

Home insurance is a tool to protect the money that you spent for your home, furniture and other belongings. Knowing that you will not have to bear the financial burden, if someone gets injured while at your home, or someone else?s property is damaged, gives you a feeling of security.

Why do you need it?

It is a requirement of a bank that holds your mortgage. But even though you don?t have a mortgage and own your home outright or rent one, there are still compelling reasons for you to consider what might happen if:

q                   Vandals destroy your lawn, garden and exterior paint

q                   Burglars steal your valuables

q                   Natural disaster destroys your home

q                   Someone is seriously injured when slips on your icy driveway

 

What is generally covered?

q                   You (the policyholder) and your family members residing in  

            the same home

q                   The home itself

q                   The contents of the home

q                   Any structures attached to the home or on the property

q                   Personal liability if you, or someone covered under the policy, are found responsible for bodily

q                   Injury or property damage to another

 

What is usually not covered?

q                   The property (land) your home sits on

q                   Losses from earthquakes

q                   Losses from floods

Home Owner Policy

Whether you own or rent your home and whether that home is a house, apartment or a condominium, I have an insurance policy designed to suit your needs. The three common types of home insurance are Homeowner?s Package policies, Tenant?s Package policies, and Condominium Owner?s package policies.

This policy is designed for people who own a house. A Homeowner?s policy is appropriate whether your house is detached, semi-detached, linked, a row or townhouse, or a mobile home. In order to select the amount of Dwelling/Building coverage you need to purchase for your house you need to determine the Estimated Replacement Cost of your house. For most houses, your broker is able to determine the Estimated Replacement Cost of your house through the use of industry standard calculations, which take into consideration the age, size, construction, and features of the house. For unusual or high value houses, an appraisal may have to be completed to determine the house?s Estimated Replacement Value. Most insurance companies will insist that the amount of Building coverage on your policy is equal to 100% of the house?s Estimated Replacement Value.   Contact_Us

                                    

Condominium Package Policy

A Condominium Package policy is appropriate no matter what type of building you live in-apartment, townhouse, and detached house condominiums all need the same type of insurance policy. Part o f the condo fees you pay are used by the Condominium Corporation to buy insurance for all units in the condominium complex. However the condominium corporation insures the building(s) only and not your other possession. A Condominium Owner?s Package insures your condominium?s contents, provides Personal Liability coverage, and also provides contingent building insurance for your unit in case the condominium corporation does not purchase adequate building insurance. To determine the amount of Contents Insurance you require, you should try to take an inventory of all your contents and try to determine their replacement value. You should also total the value of the improvements (e.g. upgraded carpeting, painting, new kitchen cabinets, etc.), which you have made to your condominium unit to ensure that your Condominium Package Policy provides enough Betterment?s and Improvements coverage for your needs.

Commercial Insurance

Businesses use insurance to protect their profits, their assets and equity of their owners and shareholders. Some of the different type of business insurance policies and coverage are Office Package policies, Retail Package policies, Commercial General Liability (CGL) coverage, Stock and Equipment Coverage, Business Interruption insurance, Errors and Omissions insurance, Director?s and Officers? Liability coverage, Umbrella Liability insurance, and many more types of coverage. Since each business has its own unique characteristics and needs, it is important to have a knowledgeable professional insurance broker review your business operations and recommend the group of insurance coverage?s which are appropriate for your business. Not only can your insurance broker help you select the right insurance coverage, but he/she can also select an insurance company, which specializes in providing insurance to your type of business.

Tenant Policy

This policy is designed for you if you do not own the house, condominium, or apartment in which you live. The tenant?s Package Policy does not insure the structure you live in since your landlord insures the building. However, your landlord does not insure your personal property. A Tenant?s Package provides insurance for your home?s contents and provides personal liability protection. To select the proper amount of content?s coverage you require a Tenant?s Package to provide, you should take an inventory of your possessions, and try to determine the replacement value of your property. Remember that all your possessions including clothing, furniture, and appliances, etcetera are part of the contents of your home. The price of your insurance policy is based primarily on the value if the contents you need to insure, as well as the type of building in which you live. (Insurance for contents in apartments made of fire resistant building materials is lower than for the contents of a house of wd frame construction.  

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You are thinking of a Real Estate Transaction, No matter what locations or budget you may have in your mind and you are interested in,    we are here, a team of competent professionals, extend our expertise, connections, power and services to your benefit.

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