Homeowners Liability in Durham, NC, and Raleigh, NC
Buying a home is a major acquisition. Over the years, with maintenance costs, possessions and upkeep, you can end up having a very costly investment. While homeowners liability is just a part of a comprehensive home insurance plan, it’s an important one.
If you harm someone else or damage their property, homeowners liability insurance can compensate them, and coverage often pays for incidents on or off your property. All About Insurance is Durham’s trusted source for homeowners insurance, and you can trust us to help you get the coverage you deserve at prices you can afford.
Call us at 919.321.4663 or click here to get your free homeowners liability insurance quote today.
Common Homeowners Liability Questions:
As mentioned earlier, homeowners liability is just part of a comprehensive homeowners insurance plan. Other important areas of coverage include:
Structure protection: Insures your house, garage and often detached buildings on the property. Often provides coverage in case of damage from fires, weather, theft or other hazards.
Possessions insurance: Pays for damaged belongings. Protection might cover everything from food in the pantry to computer systems.
Liability coverage: Additional expense protection: Do you need to move out temporarily after an accident? Let this coverage reimburse you for expenses such as dining or hotel bills.
Your homeowners insurance policy may not cover flood or earthquake damage. Talk with your insurance agent about these types of specialty coverage.
Your home is unique, from its shape and size to the materials used to build it. In addition, your possessions inside have wide-ranging values. Any loss is costly, so you’ll want to maximize your benefits.
Ensure you have enough structure protection to rebuild the home. Keep in mind, the construction value differs from the cost to buy a new home.
Ask your insurance agent to adjust your possessions coverage to match the full value of your belongings as closely as possible. That way, you’ll have fewer limitations when making a claim. Keep in mind, some policies will limit how much they pay per item.
Your policy likely includes a deductible on the damage. It’s a good idea to take as high a deductible as you can manage—this may lower your premium cost.