Homeowner’s policies from A & G Insurance
A & G Insurance Agency recognizes that your home may be your biggest investment of your life. We understand that every home and homeowner is different and every policy should reflect that. It is imperative to protect your home and who lives inside it with a comprehensive Connecticut homeowner’s insurance policy.
What is Homeowners Insurance?
Homeowners insurance provides financial protection against disasters. A standard policy insures the home itself and the things you keep in it.
Homeowners insurance is a package policy. This means that it covers both damage to your property and your liability or legal responsibility for any injuries and property damage you or members of your family cause to other people. This includes damage caused by household pets.
Damage caused by most disasters is covered but there are exceptions. The most significant are damage caused by floods, earthquakes and poor maintenance.
You must buy two separate policies for flood and earthquake coverage. Maintenance-related problems are the homeowners’ responsibility.
How Much Insurance Do I Need?
You need enough insurance to cover the following:
- The structure of your home.
- Your personal possessions.
- The cost of additional living expenses if your home is damaged and you have to live elsewhere during repairs.
- Your liability to others.
First Time Homeowners Buying Insurance Tips
Evaluate risks as you look
When you’re evaluating potential homes, consider the risk each proposes. Is the house in a high-risk flood plain? Standard home insurance doesn’t cover flooding. For this protection, homeowners must purchase a separate policy from the National Flood Insurance Program. Just a few inches of flood water can cause tens of thousands of dollars in damage.
Does one of the homes you’re considering have a swimming pool or trampoline on the property? Either factor can increase the amount you’ll pay for home insurance.
Have an agent shop around.
The price of home insurance varies widely from carrier to carrier. That’s because each provider has a different algorithm for determining customer premiums. This is one reason why it’s a good idea to comparison shop. You could end up saving yourself hundreds of dollars simply by getting a few different quotes.
Look To Bundle your policies
Buying home and auto insurance from the same provider can save you as much as 20 percent on your annual premium. Do you have multiple vehicles? Or even a boat? You can often bundle all of these items with one carrier.
Give us a call today 860-627-0377, to learn more about our CT homeowners insurance policies. One of our insurance specialists would be happy to provide you with a complete coverage review as well as offer you a free quote for Connecticut homeowner’s insurance quote right now!