When the time comes to take out home insurance, it’s often difficult to tell what’s essential and what’s not. Follow these four simple tips to ensure your home is properly insured.
Tip 1: Inventory your property
Prepare a written inventory of your possessions, photograph them, and keep this information in a safe place.
If you own valuable property, inform your agent. Also be sure to mention any special features of your home—a solarium, for example—because your policy covers not only the contents, but also the dwelling itself!
Tip 2: Consider specific coverage
Protect your jewelry, furs, fine art, etc. with specific coverage available with your home insurance policy from The Personal. Valuable property is covered by the home insurance policy, but is usually subject to coverage limitations. With specific coverage, you are guaranteed truly satisfactory compensation.
Tip 3: Opt for replacement value
Replacement value allows you, under certain conditions, to be compensated based on the full replacement cost of your property rather than its depreciated value.
Tip 4: Don’t forget public liability
Be sure to include sufficient coverage for public liability in your policy. When unfortunate events—such as a fire, for example—occur, a policy with suitable coverage could prevent you from being left in the lurch.
Remember to update your coverage
Renovating? Buying valuable property? Becoming self-employed or starting to work at home? Don’t wait—update your coverage right away!
For more information or to review your current coverage with The Personal, call us at 1 888 476-8737.
APQ works in partnership with The Personal to help you enjoy top-quality home, auto, and business insurance at very attractive rates.
Ask for a quote from The Personal by calling 1 888 476-8737 or visit
www.thepersonal.com/apq for an online auto quote.
The information contained in this ad is for illustrative purposes only. The Personal General Insurance Inc. disclaims all liability thereto.
Understanding Home Insurance
