Call Us (408) 818-9000 ☰ ˟
Logo
Call Us (408) 818-9000
  • Home
  • Get A Quote
    • Automobile
    • Business & CommercialImage of right arrow
      • Commercial Auto Insurance Quote
      • General Liability Quote Form
      • Business Owners (BOP) Quote Form
      • Builders Risk
      • Workers Compensation Quote
    • Earthquake
    • Flood
    • Homeowners
    • Motorcycle
    • Recreational Vehicle
    • Renters
    • Trucking
    • Watercraft & Boat
  • Customer Service
    • Business & CommercialImage of right arrow
      • Request ID Card for Commercial Auto Policy
      • Request General Liability Certificate of Insurance
  • Blog
  • Make a Payment
  • Resources
    • Refer a Friend
    • Calculators
    • Insurance Glossary
  • About Us
    • About Bridgeway insurance Agency INC.
    • Location Map
    • Privacy Policy
  • Contact
    • Contact Us
    • Join Our Newsletter
Home > Blog > What Is Covered Under a Homeowner’s Liability Policy
FRIDAY, MARCH 27, 2020

What Is Covered Under a Homeowner’s Liability Policy

Buying Homeowner’s Insurance

With all the options you have these days buying the right kind of homeowner’s insurance can be confusing. Some advertisements want us to believe that purchasing homeowner’s insurance should only take 7 minutes! Making purchases too quickly can cause mistakes.  Taking time to consider your options can save you money and future headaches. We found at least five mistakes people sometimes make when purchasing homeowners insurance.

Not having the right value for your personal property

Most people under value their personal belongings. We recommend you complete a home inventory to make sure you have the correct value on all your property. Remember, the insurance covers what it costs to replace the item not what you paid for it.

Improper value on jewelry and other high value items

Most homeowner’s insurance policies have limitations on jewelry, guns and other collectibles. Make sure you identify these if they are over $1,500, (this varies so call us for a review).

Not fully understanding your policy exclusions

Every homeowner’s policy has exclusions. Flood and earthquake are not included in a standard homeowner’s policy. Wear and tear is also excluded.

Not using an independent agent

Buying insurance online or from a national firm is like going to only one car lot and buying the first car you see at the list price. As an independent agent we will search the market and review quotes from many insurance companies.

Using the wrong deductible

Increasing your deductible will lower your homeowner’s insurance premium; however, make sure you have the resources to pay the deductible in the event of a loss. If you increase your deductible to $2,500, do you have the $2,500 to pay the deductible? We can help you understand how deductibles work and set the right one for your individual situation.

As insurance professionals we will guide you through the purchasing process and keep you informed of how these issues will impact your personal insurance program.

Posted 10:24 AM

Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017

  • personal insurance(28)
  • home insurance(19)
  • auto insurance(12)
  • business insurance(4)
  • rental cars insurance(4)
  • commercial insurance(4)
  • homeowners insurance(3)
  • save on insurance(2)
  • social media(2)
  • umbrella insurnace(2)
  • umbrella insurance(2)
  • safety(2)
  • vacation safety(2)
  • summer safety(2)
  • insurance(2)
  • water safety(1)
  • holiday safety(1)
  • boat insurance(1)
  • vacation safety(1)

View Mobile Version
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Home| Get A Quote| Customer Service| Blog| About Us| Contact
4300 Stevens Creek Blvd Ste 175 | San Jose CA 95129
P: (408)  818-9000  |   F: (408) 766-1880 | E: service@brwinsurance.com
Social Social
Logo

Powered by Insurance Website Builder