Missouri Homeowners Insurance
Because your home is different than any other…your insurance should reflect your unique life style.
Choose from the options below to receive your free personalized insurance quote.
Or give us a call today we would love to hear from you.
Click here to get a customized homeowners insurance quote.
Understanding the Difference Between Dwelling and Liability and Other Terms
Insurance jargon can be a bit unfamiliar, and we want to be sure you understand
and know what you’re paying for.
This protects your home
This typically pays to repair or rebuild your home if it’s damaged or
destroyed by an insured event like a kitchen fire or windstorm.
These protect you and other people
This applies if someone is injured or property is damaged and you are to blame.
The coverage applies anywhere in the world. When choosing liability coverage,
consider things like how much money you make and the assets you own.
Your liability coverage should be high enough to protect your assets if you are sued.
This covers medical expenses for guests if they are injured on your property,
and in certain cases covers people who are injured off of your property.
It does not cover health care costs for you or other members of your household
or household staff.
If you can’t live in your home because of a covered loss, some companies will
pay additional living expenses - typically for up to 12 months - while damage
is assessed and your home is repaired or rebuilt.
These protect your belongings
Your home is filled with furniture, clothes, sports equipment and other items
that mean a lot to you. This helps replace these items if they are lost, stolen
or destroyed as a result of a covered loss.
If you have special possessions such as jewelry, art, antiques or collectibles
you may want to talk to your agent about this additional coverage.
It provides broader coverage for specific items.
Other coverage’s
Replacement cost coverage on you dwelling and contents allows you to rebuild
or replace you property with new items. Without this coverage you may be
forced to accept a depreciated value for you damaged belongings. Know the difference.
Earthquake insurance protects you in the event of an earthquake.
It typically has its own deductible and covers the dwelling and contents.
Some companies have restrictions on this coverage.
If your home is located in a flood plain your bank may require you to
carry flood insurance. These policies are handled out side of your
regular homeowner’s policy.
Click here to get a customized homeowners insurance quote.
Copyright © 2008 by The Insurance Resource