Your home is probably your most valuable asset, and adequately insuring your home is one of the best things you can do to safeguard your family and preserve your financial security. A comprehensive homeowners insurance policy can cushion you from loss due to fire, theft, vandalism, or other covered events. Property or dwelling coverage typically pays to repair or rebuild your home if it’s damaged or destroyed by an insured event like a kitchen fire or a windstorm.
Protect yourself, your family and others. Personal liability coverage applies if someone is injured or their property is damaged and you are found responsible. When choosing liability coverage limits, consider what you can afford and the assets you own. Your personal liability coverage should be adequate to protect your assets if you are sued.
Value: The right home insurance policy can provide you peace of mind as well as the money you need to repair or replace your home and/or belongings. Mariemont Insurance serves the people of Ohio, Kentucky and Indiana and can help you obtain home insurance that will best meet your needs and provide the most valuable combination of tailored coverage, quality service and fair pricing.
Homeowner insurance policies differ by what losses are covered, how much coverage you choose, and what type of residence you own. You decide whether it’s a comprehensive policy that cover losses such as fire, hail, smoke, falling objects, vandalism and theft of personal property, or whether it’s a basic policy that covers only specified losses. Our knowledgeable, experienced caring staff makes it easy to choose the insurance coverage that gives you the best value for the best price.
Protect what matters to you. A higher deductible generally lower your premium price by shifting part of the loss payment responsibility to you. For example, if you have a $1,000 deductible, you are responsible for paying the first $1,000 of any covered loss. In addition, you may choose to set higher limits than the minimum recommended amount.
Options: Homeowners options include medical coverage, additional living expenses, personal property coverage, scheduled personal property coverage.
- Medical coverage covers medical expenses for visitors if they are injured on your property, and in certain cases covers people who are injured off your property. It does not cover health care costs for you or other members of your household.
- Additional Living Expenses is an add-on to the basic homeowners policy that pays additional living expenses if you can’t live in your home because of a covered loss. Coverage may be for up to 24 months while damage is assessed and your home is repaired or rebuilt.
- Personal property coverage helps replace your possessions, such as furniture, clothes, electronics and other items, if these things 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 consider a scheduled personal property rider which provides broader coverage for specific items.
Homeowners insurance does not cover damage caused by poor or deferred maintenance. It is a homeowner’s responsibility to maintain a home and its systems so that they are safe and functional. It’s a good idea to take an inventory (make a list, take photos or make a video) of your home and personal belongings. Keep this inventory in a safe place other than your home. It can help expedite the claim resolution process.
**Earthquake coverage can be endorsed to a Homeowners policy for added protection against this peril, which is otherwise excluded by the policy form.
