ALL HOMEOWNERS POLICIES LOOK THE SAME
BUT
ARE THEY?????
For many people their Home is their Biggest Investment. Do you know if you have the right coverage to protect this asset?
A TYPICAL HOMEOWNERS POLICY LOOKS LIKE THIS:
Building Amount:
$200,000.
Is Coverage Basic, Broad, or Comprehensive
Is it Replacement Cost?
Is this enough to rebuild your Home?
DOES YOUR POLICY GUARANTEE REPLACEMENT EVEN IF IT COSTS MORE THAN THE AMOUNT SHOWN TO REBUILD??!
Other Structures:
$40,000.
Coverage applies to Detached Structures
Personal Property:
$150,000.
Is it Replacement Coverage?
Are Your Possessions covered Worldwide?
What are the limitations on Jewelry, Furs, Tools, Guns, Computers, Camera's?
Loss of Use
Actual Loss
12 Months
Does Your policy provide 12 months of Living Expenses in the event of a claim?
Personal Liability:
$300,000.
Is Your Coverage enough if you are sued
by someone you may injure?
Respond to accusations of libel, defamation or humiliating someone?
Deductible
$500.
$250??- How much extra?
$1,000??- How much do you save?
DISCOUNTS:
TENANT/RENTERS INSURANCE:
70% of the people who rent don't buy coverage for their Personal Possessions if there is a Fire!
WHAT DOES THE POLICY DO?
It generally provides Homeowners type coverage- without buying coverage on a Building.
KEY HIGHLIGHTS OF IMPORTANCE IN A RENTERS POLICY:
Example:
Personal Property:
$15,000.
Replacement Coverage of your possessions
(How much is your "stuff worth?)
Loss of Use:
Actual Loss
Up to 12 months
Affords you money to get a motel room if your apartment has a fire. Additional living expenses are covered until you get back in your place or find another. The American Red Cross doesn't have to take care of you!
Liability:
$100,000,
Responsibility for injuring someone else
Renters Insurance can be a very inexpensive policy (generally under $100.) that actually benefits you in more than one way! How? If you buy this policy from the same company that you have your Car insurance with you can also get a multi-policy discount.
For example:
Auto policy premium:
$1,500.
Home/Auto discount:
$75
Typical Renter policy
$60
This person could actually save $15 by buying the policy!
Anthony Insurance is a full service, professional insurance agency offering personal and commercial insurance policies to all of Central PA including the following areas: York County, Cumberland County, and Dauphin County, including – York, New Cumberland, Lewisberry, Newberrytown, Dillsburg, Camp Hill, Mechanicsburg, Harrisburg, and Carlisle.
