Friday, January 17, 2014

The Basics of Long Island Homeowners Insurance

Accidents and natural disasters can take you by surprise at any time, and having a comprehensive homeowners insurance policy will keep you and your family protected. These policies are designed to cover the cost of repairs or replacements of your house and your possessions that result from an assortment of covered events, including fire, severe weather, theft and vandalism. Flood and earthquake insurance will likely need to be purchased separately, if desired.

Homeowners insurance covers these incidents up to policy limits, which can vary depending on the coverage you select and the premium you opt to pay. This means that your property or liability claims won’t be covered past the limit you select on your policy. This is plenty of coverage for many people, but other people who own expensive items may need more coverage. This could apply to you if you have expensive jewelry, electronic equipment, fine artwork, rare collections or any other items of high value. In such cases, you can purchase coverage with higher property limits or you can add riders to your policy to cover specific high-value items such as a collection of custom-built furniture.

The premiums you pay for this valuable coverage can vary widely between insurance companies, which makes it important to compare quotes. Your independent insurance agent can shop around for policies that meet your unique needs and discuss coverage options with you so you can make an informed decision on which policy is best for you and your family. Don’t forget to ask if you qualify for discounts such as a safe home discount.

Protect your house and everything inside that makes it a home. Call Bryan Insurance Agency at (888) 565-2212 for more information on Long Island home insurance.