Keeping a home and the family inside safe is the primary goal of every homeowner. Unfortunately, it is impossible to predict and prevent every threat from occurring. This is why there is insurance. Insurance policies provide protection in a variety of situations. Although they cannot prevent an incident from occurring, they can provide compensation to help a person replace damaged items or rebuild. Homeowners Insurance in Fort Myers provides this type of protection for homes and their contents.
Basic Homeowners Insurance Coverage
Typical Homeowners Insurance in Fort Myers covers any damages to a home caused by fire, smoke, hail, and wind. There is also coverage for damages caused by criminal activity, such as theft and vandalism. It can also provide coverage for other structures on the property, such as a garage or shed. A typical policy also provides protection for personal property that is damaged or stolen. Most policies also provide liability insurance to cover damages that occur on the property or caused by the policyholder.
Coverage Limits and Deductibles
It is important as a homeowner to understand the various coverage limits on a policy and make adjustments as necessary. Although every policy provides coverage for damages to the home in many situations, it may only provide market value of the home if it is a total loss. Coverage for personal property may also be adjusted to cover valuables in the home. Every policy also comes with a deductible. This is the amount a homeowner must pay first before coverage begins. This amount can also be adjusted to provide a higher or lower deductible.
There are many types of natural events that homeowners insurance will not cover. Floods, earthquakes, and volcanoes are some types of natural disasters that are not covered by the typical insurance policy. If the home is in an area that is prone to such events, it is important that the homeowner gets a policy specifically designed for this type of protection. One of the most common types of additional insurance policies for a home is flood insurance. If the home is in or near a flood plain, this option may be necessary.
When considering a new homeowners insurance policy, it is important for customers to speak with an agent to determine the coverage they need. Lee County Insurance Agency provides a variety of insurance options and can offer a free quote.