What is homeowner’s insurance?
JANUARY 2021 Homeowner’s Insurance Discounts!
- Bundle Homeowner’s & Auto Insurance – 15%
- Multi-Policy Discount – 10%
- Military Discount -6%
- Alarm Discount – 5%
- New Home Discount – 5%
- Newly Renovated Home Discount – 5%
- HOA Fee Discount (Pay HOA Fees? Save 5% on Homeowner’s/Renter’s Insurance)
- Good Credit Discount
- Married Discount
- Previous Insurance Discount
- Prior Carrier Discount
- Home Warranty Coverage
- Auto Warranty Protection Coverage
How much is homeowner’s insurance?
Short Answer: As low as $45 PER MONTH for the best coverage!! There are several factors that go into producing your homeowner’s quote. One factor is your region. How many claims has ANY companies sustained in this region in the past year? A second factor is the cost of your home. If your home costs more because it is a mansion, then your insurance policy will cost more. A third factor is how new/updated is the home? If your home is 15 years old & now has a new roof, this can save you as much as $80 per year. It is important to have an agent, like me, who will ensure these updates are made known to the insurance carriers to continue finding all your discounts!! I have sold many homeowner’s policies for as low as $500 per year, without having “cut-rate coverage.” The last thing Stand Guard Insurance Agency would ever offer you, is coverage that is going to leave you standing in the rain!
How much homeowner’s coverage should I have?
What is a Homeowner’s Deductible?
Why is the State of Georgia Insurance Office involved with my insurance?
Understanding Coverage C on My Declarations Page – Personal Property
Understanding Coverage B of My Declarations Page – Other Structures
Other structures can include any other structures on the insured’s property. It includes de-attached garages, sheds, barns, well houses, etc. It is regulated to be a minimum of 10% of Coverage A by the State of Georgia. Most homeowner’s policies do not exceed this 10% of coverage needed but I always have the conversation to make sure with my clients!
Understanding Coverage D of My Declarations Page – Loss of Use
Understanding Coverage E of My Declarations Page – Personal Liability
Most insurance agents cut this coverage down from the company recommended coverage, to a minimum coverage to help the client “save money.” Unfortunately, this is a cheaper coverage to have & does not save that much, because it does not cost that much. It is also the coverage that will protect YOU if someone is hurt on your property & decides to sue you for damages. The worst time to find out you got a less than recommended policy from your agent, is when you get a lawyer from a letter, notifying you about your lawsuit!
Understanding Coverage F of My Declarations Page – Medical Payments
This is coverage that will help in the case of a small accident at your home.