Home insurance is coverage for your house, contents of your house, property and family. It provides total protection against catastrophes like natural disasters, theft and accidents. This type of policy will aid in the restoration of your property and buildings when those catastrophes occur.
Home insurance normally specifies what will or will not be compensated in the event of unforeseen circumstances. Damage caused by most disasters is covered but there are exceptions. Home insurance doesn’t protect you against earthquakes, floods, hurricanes, tornados, war or “Acts of God”. In these events, you can protect yourself by getting specialized coverage like flood and earthquake insurance.
An independent agent will be able to shop your policy with many different companies, and at the same advise you of the best policy for your needs. The payment that is paid by you, the insured, to the insurance company, the insurer, is known as a premium, and has to be paid in each term. Perpetual insurance is a type of homeowners insurance that has no term or date when the policy expires, and is available in certain areas.
Don’t worry about the valuables that you keep in your house, like jewelry, furs, electronic equipment and devices or sensitive documents. These are all covered by your homeowners insurance. Check your financial limits to be sure though. It is important to know that homeowners insurance is meant to cover unexpected damage, not routine maintenance.
In the event of a natural disaster, home insurance will help to repair your house. This includes plumbing, roofing and flooring. The policy also includes liability, or legal responsibility for any injuries and property damage you or members of your family cause to other people. This includes damage caused by household pets.
Contact us today to get a home insurance quote for Moose Jaw or Regina by calling 800-667-7640.