Several types of coverage can provide financial safeguards if your property is damaged, destroyed or stolen. Whether you are looking to cover your home or other personal property, the right policies can provide repair or replacement costs and reduce your out-of-pocket burden.
Contact James L. Smith Insurance Agency today to learn more about policy options.
Coverages for Property
Several types of insurance may provide coverage for property, including:
- Homeowners insurance—Homeowners insurance packages several coverages into one policy. In addition to providing liability insurance and additional living expense coverage, it may provide financial protection if a covered peril (e.g., fire, windstorms, vandalism or hail) damages or destroys your property or it’s stolen. Policies may cover the structure of your home, attached buildings, other structures and personal belongings.
- Inland marine insurance—This may provide extended coverage for high-value items (e.g., jewelry or art) and personal property in transit. It may be available as an endorsement to your homeowners policy or as a stand-alone policy.
- Renters insurance—This may provide coverage if your personal property is damaged or destroyed by covered perils and is often required by landlords. It may also cover the theft of your belongings.
- Flood or earthquake insurance—Many homeowners policies do not cover losses due to floods or earthquakes. Separate policies are available to provide additional financial safeguards against property losses caused by these events.
Other coverages may be available. Speak with our agents for more information on options, limits and exclusions.
Get Property Insurance
Our knowledgeable agents are ready to help you secure the insurance you need to cover your property adequately. Contact us today to get started.