Homeowner’s Insurance for Westchase, Florida
Westchase homeowners trust in the Coleman Insurance Agency for their protection. If you are experiencing increases in your Westchase homeowner’s insurance rates, one of our homeowner insurance agents would be happy to assist you. We can also help you if your homeowners insurance has been cancelled by your previous insurance company. We will evaluate your current home insurance policy to detect problems and ways to save money. Whether you are underinsured or looking for ways to save on your insurance, the Coleman Insurance Agency is here to help.
By law homeowners insurance is not required. Often times if you take out a loan to purchase a home the lender will require a home insurance policy in order to qualify. A recent study concluded that 69 percent of home owners are under-insured. Unfortunately, many home owners think they are fully protected and are stunned to find out at the time of loss that their coverage is inadequate. Crime, accidents and severe weather are part of life, and every home experiences loss or damage of some kind, at some point. You can’t predict when you will experience a loss, but you can protect yourself financially.
Make Sure Your Westchase Homeowner’s Insurance Policy Has Your Family and Home Significantly Covered
When choosing the amount of personal property coverage you want for your belongings, consider what it would cost to replace all of your personal items after a total loss from a fire. Many home owners assume that all of their belongings are fully covered until they experience a loss. Depending upon the type and amount of coverage in the policy, personal items may not be covered, or may only be covered up to a depreciated value. In most cases, this amount is far less than what it would cost to replace them.
Broadly speaking, insurance covers you for potential loss resulting from risks such as burglary or theft, severe storms, fire and also your personal liability. The specific risks you may face as a home owner could include floods and earthquakes, which you must cover with separate policies, as these disasters are not included in home insurance.
Your home liability coverage protects you in the event that someone is injured on your premises or you are responsible for damage to someone else’s property. Your homeowners insurance can even protect you against injury you cause to another person off premises under certain circumstances. If someone files a liability claim against you, your insurance can pay for property repairs, medical or funeral costs or even a lawsuit if the injured party chooses to launch a legal process.
Get an Evaluation of Your Current Homeowner’s Insurance Policy For Shortcomings From One of Our Specialtists
Let one of our specialists look over your homeowner’s policy for Westchase to look for ways you may be able to save on your premiums or to detect potential problems. For example, your home replacement cost could be lower now or we may identify other conditions that will reduce your cost. Another important consideration is whether you are underinsured for the replacement cost of your home, otherwise you may be subject to a co-insurance penalty when you file a claim.
If you are planning on buying a new home in Westchase or would like your current policy evaluated, contact the Coleman Insurance Agency today!