Homeowners insurance is a package policy. This means that it covers both your property damage and your liability or legal liability for any injury and property damage that you or your family members cause to other people. This includes damage caused by pets. Damage caused by most disasters is covered, but there are exceptions. The most important are damage caused by floods, earthquakes and poor maintenance. You must purchase two separate policies for coverage against floods and earthquakes. Maintenance related issues are the responsibility of the owners.
WHAT DOES A STANDARD HOMEOWNERS POLICY COVER?
Standard homeowners insurance policies generally include four types of coverage:
- Structure of your home
- Personal items
- Disaster living expenses
This part of your policy pays to repair or rebuild your home if it is damaged or destroyed by a fire, hurricane, hail, lightning, or other disaster listed on your policy. It won't pay for damage caused by a flood, earthquake, or routine wear and tear. When buying coverage for your home structure, it is important to buy enough to rebuild your home. Most standard policies also cover structures that are separate from your home, such as a garage, tool shed, or gazebo. In general, these structures are covered for approximately 10% of the amount of insurance you have on the structure of your home. If you need more coverage, talk to your insurance agent about buying more insurance.
Your furniture, clothing, sports equipment and other personal items are covered if they are stolen or destroyed by a fire, hurricane or other insured disaster. Most companies provide coverage for 50% to 70% of the amount of insurance that your home is one of the largest investments you will ever have. Many people keep their home for life and some even pass it on to their family. You want to ensure that the investment is safe and protected from risks such as fire, storm damage, theft, vandalism, just to name a few. Make sure you are protected today.
Personal liability insurance is about financial protection, for you and your family. The personal liability coverage within your homeowners policy provides coverage for bodily injury and property damage suffered by others for which you or the covered residents of your home are legally responsible.
LIVING EXPENSES AFTER THE DISASTER
One type of insurance included in homeowners' policies is Living Expenses. Additional Living Expenses or "ALE" coverage reimburses the insured for the cost of maintaining a comparable standard of living after a covered loss that exceeds the normal expenses of the insured before the loss. For example, ALE coverage would cover an insured's motel bill while fire damage to the home is repaired or replaced or until the insured moves into a permanent residence. A person who owns their home would have a different policy than someone who rents. Policies also differ in the amount of insurance coverage provided.
CAR INSURANCE COVERAGE
We offer excellent auto coverage options to meet your needs. You can choose from three options or customize your auto insurance policy to suit your needs and budget! We want to simplify the process of finding the auto insurance coverage that best suits your needs. Whether your budget is limited and you must meet minimum state requirements, or you want the best possible protection.
Extraordinary service wherever you go
Do you need help choosing the right car coverage? You can communicate online with one of our friendly professional agents, while you get your quote. Do you need a more personalized treatment? Call 214-946-6060 and get the same friendly service over the phone.
Great! How can I get my budget?
Infinity provides an easy way to get a free auto insurance quote online or over the phone by calling 1-800-INFINITY. During the quotation process, you will have the opportunity to customize your auto insurance coverage and can find a rate that fits your budget and coverage needs.
These are some of the requirements you need to meet to get your budget:
Driver: We need to know who must be insured in order to drive the vehicle; so it is important that you have the following information on hand for each driver: name, date of birth, license number.
Vehicle Information: Research the year, make and model or VIN number of the vehicle you wish to insure.
Insurance: Make sure you have information on hand about your current insurance company.
How much does car insurance cost?
When it comes to pricing, insurance policies are based on a variety of factors, including:
- The type and level of coverage required.
- The geographic location of the car.
- The age of the insured driver.
- Driving history and claims history.
- Construction of the neighborhood.
- Lack of discounts.
- Changes in the community.
Risk levels vary by location, so switching to a new zip code can affect the price of insurance. Having previous accidents or claims where the insurance company covered the damage to the car will likely increase your rates. Ask your agent how you can lower your monthly fees.
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