They say “home is where the heart is,” and truer words have never been spoken. Slogans aside, we know our homes are a lot more than just an old adage. Our homes are where we live, where we feel comfortable and where we make life’s lasting memories. Our homes also represent our largest asset (at least in most cases), and thus need to be protected. That is where Dewey Insurance Agency comes in.
Protecting your home from unforeseen events and tragedies is essential, particularly for South Floridians, who are frequently victims of nasty storms and hurricanes.
For those individuals financing their homes, homeowners’ insurance is not only a basic requirement, but often the very best investment that you will (hopefully) never have to use.
Dewey Insurance Agency: What You Can Expect with Our Homeowners’ Insurance Policies
In this day and age, there are more insurance companies than ever before, but how do you know you’re getting the very best protection for your insurance dollars?
At Dewey Insurance Agency, potential customers can choose from nearly 20 different insurance companies—a range of choices that ensures clients get exactly the type of protection they need. This wide variety of coverage options allows us to tailor a policy that is perfect for you, with deductibles and premiums that cater to your specific budget.
Homeowners Insurance Options through the Dewey Insurance Agency
Dewey Insurance Agency offers a number of different coverage and deductible options to meet our clients’ needs. These include:
While most homeowners’ insurance policies are structured as “package policies,” customers do have the freedom to choose from a range of coverage options to match their individual needs and budget. At Dewey Insurance Agency, we offer a variety of different coverage options to ensure you are protected from structural damage, the theft or vandalism of specific contents within your home and liability coverage, which protects you from unforeseen events or accidents that may occur inside the home.
The advantages of protecting your home with homeowners’ insurance are incalculable, and while maintaining these policies is absolutely essential, there are many different deductible options to choose from.
Naturally, those who choose to pay a larger deductible can significantly lower their annual premium. We can also work with you when it comes to different provisions within your policy, making sure you will never pay for more than you actually need.
What Does Homeowner’s Insurance Protect?
Your homeowner’s insurance policy has two main—and very important—functions. The first is to protect you from potential liability should someone be injured in your home. Liability insurance will protect you from financial responsibility and possible legal action should someone get hurt on your property, and can pay for things such as hospital expenses, medical payments and loss-of-wages reimbursement to the person injured.
The other part of your homeowner’s insurance policy, often called comprehensive coverage, will reimburse you for any damages to your home caused by:
- Water Damage
- Electrical mishaps
- Hail and sleet
- Damage from Natural Disasters, such as Hurricanes and Tropical Storms
- And much more…
Condo Homeowners’ Insurance
Those who own a condominium or townhouse should know that homeowners’ insurance for these types of structures is a bit different than a typical policy for a single-family dwelling.
Normally, the Condominium Association where you live will maintain a less-than comprehensive policy, one that covers the exterior of the building only. In these cases, you would need a personalized insurance policy that offers coverage for the interior of the unit, including personal property and personal liability.
If you are considering purchasing a homeowners’ insurance policy for a condominium, be sure to first review the Homeowner’s Association Agreement (HOA) to determine exactly what their policy does and does not cover. You should also inquire about how the association conducts loss assessments. Fortunately, the Dewey Insurance Agency offers specialized policies for condo owners, at a price that is typically significantly less than a traditional homeowners’ policy.
Homeowners’ Insurance: The Price
Homeowner’s insurance, while absolutely critical for home owners, can be quite expensive. Typically the annual premiums for homeowner’s insurance depend on all of the following:
- The state in which the property is located
- The age of the property
- The value of the property
- The condition of the property
- The deductible amount
Home owners looking to reduce their annual premiums can begin by making improvements to the property, especially those improvements that add to the overall safety of the home. Also, if you are willing to carry a larger deductible—the amount you will be required to pay before the insurance payments kick in—you can significantly reduce your annual premium.
The best advice is to read your homeowner’s insurance policy thoroughly and carefully before agreeing to any of its provisions. Be sure to ask questions before you sign anything. The more homework you do when comparing home insurance policies the more knowledgeable and better prepared you’ll be should you ever be compelled to file a claim.
10620 Griffin Road, Suite 201
Cooper City, FL 33328