NJ Insurance Agency

Designed by Freepik Homeowners insurance is an all-encompassing insurance policy that covers destruction, as well as responsibility/liability, on the property. Obtaining homeowners insurance is just as important in Florida, as it is in every other state. With Florida being a coastal state, having a home covered by insurance can be a life-saving tool. Here are a few examples of provided coverage. Damages: Florida homeowners insurance covers these dimensions of damage in the event of a disaster. Explosion Sudden and Accidental Water Damage Fire and Lighting Theft Aircraft and Vehicles Vandalism and Malicious Mischief Windstorm or Hail Sudden and Accidental Smoke Damage Weight of ice, snow, or sleet Riot and Civil Commotion Coverage covers damage from windstorms, however NOT damage from coastal flooding. Coastal flood insurance must be obtained from https://www.floodsmart.gov Personal belongings: Examples of personal belongings that are covered by homeowners insuran...

Freepik A home has the potential to be the biggest investment that a person makes and with such a big investment it is important to ensure that the home's financial value is secure. In New Jersey, a homeowner's insurance policy can help make this happen, can prevent significant damage to the wallet of a homeowner, and provide the mental support needed in the case of an emergency that destroys their property. Finding the right policy can be difficult, but it is important for the consumer to ask themselves what they need in their policy and what the insurance provider they are researching can provide them with. 1. What does the policy cover? The homeowner must be aware of what their policy actually covers, and whether or not the policy provides the coverage that is required by their lender or banking institution. In many cases, the bank may require coverage of AT LEAST the cost of the mortgage. In addition to this, an insurance provider may require a minimum time of prop...