Home Insurance: The Basics

home

One of the most important investments, if not the most important, you will make in life is your home. The money spent on mortgage and upkeep combined with the sentimental value of memories and items within makes the home priceless. Also, your home is a safe haven for you. It is a place of peace and reassurance. To protect your home, you should consider purchasing home insurance from JVM Insurance Agency in Carrollton, Tx.

What You Need To Know

A good home insurance policy should cover the following:

  • The contents of your home
  • Your liability, if someone were to be injured at your home
  • Home structure
  • The cost to replace your home if damaged or destroyed
  • Living expenses due to forced leave because of natural disaster or a loss

The overall cost of your home insurance policy will depend on what kind of coverage you choose. As you increase your coverage, your premiums will increase, too. To make sure which kind of policy works best with your budget, our team at JVM Insurance Agency will work with you on a customized policy.

Adjunct Coverage

Home insurance will cover a majority of your basic home protection needs, but some of the following additions may be helpful to know about:

Floater’s Insurance: In addition to home insurance, we offer what’s called floater’s insurance. This coverage protects specific high-value items in your home, if theft or damage occurs.

Umbrella Insurance: If someone is injured in your home, basic home insurance should cover the incident, but if that liability coverage isn’t enough, an umbrella policy extends the coverage. It provides additional protection where basic liability may not.

Rental Property Insurance: For a rental property, you would need a different kind of insurance policy. Vacating your home to rent it voids any home insurance policies established prior to renting. With this policy, rental property insurance would be needed to cover liability, damage, and natural disaster.

About JVM Insurance Agency

With over 20 years of experience in the insurance industry, Jeff Van Matre Insurance Agency can help you choose the right coverage plan to protect your home and personal belongings and put your mind at ease. To learn more about optimizing your insurance coverage, visit us online or call 972-492-8500 today.