Which home insurance protections should MD residents look for in their policies?

If you’re a resident of Rockville, MD, then you’re probably already familiar with everything that can go wrong with your home.  Between accidents and the constants threat of natural disasters, having a good home insurance policy is essential.  Figuring out exactly what your policy should cover, however, can be tricky.  If you’re currently in the market for a new home insurance policy, make sure you ask your agent about these items.

  1. Replacement coverage.  Some home policies will only give you enough funds to cover the estimated value of your loss.  That means you’ll get a fraction of the money it will cost you to replace items such as furniture and make home repairs.  Replacement coverage will give you enough funds to restore what you had before a disaster.
  2. Ancillary buildings.  Many policies specifically exclude garages, sheds, pool houses, and docks.  Just because these structures are not physically attached to your house, however, doesn’t mean that they don’t need to be covered.  Consider how much it would cost you to replace these buildings.
  3. Small electronics.  This is a relatively new area for many home insurance companies, but as more people have thousands of dollars invested in the phones, laptops, televisions, and other electronic devices in their home, it makes sense to ask about the type of coverage a policy offers for these items.  It is often possible to add a rider onto a home insurance policy that covers these items and offers a smaller deductible than the main policy.

If you’re in the market for anew home insurance policy to cover a property in the Rockville, MD area, call our agents today.  We’ll be able to help you find a policy that covers everything you need while fitting into your budget.

Avoid the Pitfalls of Choosing the Wrong Coverage for Your Auto Insurance

When you are a new driver, or you are shopping around for auto insurance for yourself or a loved one for a new vehicle, you will want to know what you need regarding ideal coverage. In every state, there is a minimum auto insurance coverage that is required by law. You can follow these basic guidelines, and if you still have questions, be sure to speak to an insurance agent.

Do Not Overinsure

It can be a tricky process to determine just how much auto insurance you need for yourself. It can be beneficial to talk to an expert in the field about the extras and see what is needed to protect your assets. The liability insurance often is something that you can avoid getting. Younger individuals will not need to have a broader coverage base since they have less in the way of assets.

Under Insuring Can Hurt You

It also can be a mistake to be underinsured. Basic insurance does not cover all of the needed expenses. Think about how much the maximum is that your policy will pay for each accident.

Shopping Around

When you shop around for a basic policy, there is a great chance that you will be able to save money. It is ideal to get quotes from different companies every few years. There are some policies that are offered based on the college you attended, as well as where you work currently. Since it only takes a relatively short amount of time, it is worth your while to do so.

Paying for the Wrong Policies

Some people will have an issue in which they purchase the wrong policies. There are some that are not necessary for someone’s specific situation. As long as you understand the policies, you should be fine in this respect. Then, there won’t be any unpleasant surprises when you go to file a claim.

You can feel free to place a call to your local agent serving Rockville, MD to ask questions about the auto insurance you would like to get. This will save you a big headache in the long run.