We understand that having a home is probably one of the most expensive investments you’ll make in your lifetime. You want to keep your home as well as everyone and everything in it as safe and protected as possible.
That’s why home insurance is extremely important to obtain in case of certain situations such as water leakage, fire damage, theft, or injury. If this or another emergency situation arises, homeowners insurance can protect you from having to pay damage costs out of pocket.
Homeowners insurance is very broad, as there are many different types and coverage options we can connect you with. Varying policies offer different types of protection, conditions, and more, as there are many factors that come into play when it comes to protecting something as costly and valuable as your home.
Some common coverage types we offer include:
- Dwelling: this type of coverage protects the structure of your property itself. If the physical structure of your home is damaged from forces such as a natural disaster, a fire, or a falling tree, you are protected with this coverage.
- Personal property: this protects against items you own within your house, such as electronics, furniture, appliances, or anything else of value to you that may be damaged or stolen.
- Personal liability: if you are injured on someone’s property or by something that is from their property, or vice versa, you may be covered by this type of coverage. For example, if your dog bites your neighbor’s child and they must get stitches and receive a bill from the hospital, your insurance will cover it.
There are eight recognized types of homeowners insurance: H01, H02, H03, H04, H05, H06, H07 and H08. Each type covers very different situations and circumstances. While you most likely don’t know what type covers what accidents, since we’re the insurance experts, you don’t have to know! Regardless of the type of coverage you want for your home, we are sure to be able to educate and connect you with the right one at a price you’ll be pleased with.
Atlantic Insurance Agency has you covered with affordable, low-down payments on home insurance. If you want to get started with low-cost home insurance in Chicago, contact us today!