Let’s protect the biggest investment you’ll make in your lifetime.
Protect the hub of your family's everyday life.
Be certain you have the coverage your home needs.
Fire, floods, or other disasters can change everything in the blink of an eye.
When something happens to your home or your family’s possessions, the stress can be overwhelming. The last thing you want to worry about is how you’ll replace what’s been lost.
With comprehensive homeowner’s insurance, you’ll have the peace of mind of knowing that your property and belongings are protected.
Why the right homeowner’s insurance is so important.
Many homeowner’s insurance policies don’t provide adequate coverage in the event of a complete loss. You want to be sure that your policy provides compensation for:
- Reconstruction costs: If your home is destroyed or seriously damaged, get compensation for the cost to rebuild your home.
- Living expenses: If you are temporarily unable to live in your home due to a disaster, you can get coverage for living expenses such as hotels and meals.
- Limited coverage for replacement of jewelry, art or other valuables: If stolen, lost or destroyed, you can receive set limits of compensation to help cover the cost of replacing these valuables. (You may want to purchase additional coverage depending on the value of your possessions.)
- Liability coverage: If you are sued for accidental injury or property damage, you have coverage up to your liability limits. (You may also want to supplement your liability coverage with personal umbrella insurance.)
- Water backup options: Protect yourself against damage caused by backups from sewers and drains.
Let’s avoid gaps in your condo coverage.
Condo coverage is unique.
Many condo owners mistakenly assume that their building’s master insurance policy covers them fully – and that can lead to big problems. In addition to securing your own insurance coverage, you need to be aware of any changes to your association’s master policy, so you can avoid coverage gaps.
Also, if you or the prior owner of your condo installed permanent upgrades, such as wall coverings or cabinetry, or renovated the kitchen or bathroom, you may no longer be covered by your association’s insurance policy and need increased dwelling coverage on your own.
When buying a newly constructed building, you need to consult with the contractor about potential renovation costs. Then, speak to your agent before any work begins. It’s always best to identify any issues that could make it difficult for you to get the insurance coverage you need before it’s too late.
Coverage that suits your needs.
Don’t let your property improvements turn into a liability. Our expert condo insurance advisors can help you get the right coverage and avoid expensive surprises when you experience a loss.
Tailored condo insurance solutions can include:
- Loss assessment coverage: You’re covered when the association’s insurance policy doesn’t cover the total cost of damage to common areas or when a lawsuit is brought against the association.
- Personal property coverage: Protect your contents against loss, both on and off the premises.
- Valuable articles coverage: Get coverage for loss or theft of jewelry, art and other valuable items.
- Liability coverage: Protect yourself again costly liability lawsuits arising from such occurrences as accidental water damage to a neighbor’s unit or someone slipping and falling in your condo.
It’s also vitally important to keep your condo insurance policies up to date. When you acquire new possessions or your personal circumstances change, make sure to update your coverage.
Protect for you and your possessions.
Why you need your own coverage as a renter.
If you rent a house or an apartment, your landlord’s insurance only covers the cost to repair the building if there is a fire or other disaster.
Your property losses, as well as your liability risks, are not covered. And your landlord’s insurance will not be there for you in the event of a theft, either. Clothing, electronics, jewelry and other valuables are the types of items most frequently listed on renter’s loss claims.
The message is simple and clear: as a renter, you need your own renter’s insurance policy to protect yourself and your personal property.
A renter’s insurance policy that bridges the gap.
Some insurance coverage options to consider include:
- Theft coverage: This is essential coverage; it provides protection if your personal property is stolen.
- Replacement cost coverage: This pays to completely replace lost items, regardless of the current value. You need this as a safeguard against depreciation in the value of your personal property. Cash settlement option: Choose to receive a cash settlement, with no requirement to repair or replace the item.
- Personal liability coverage: Protect yourself and your finances if you are sued for causing accidental bodily injury or damage to the property of others.
- Home cyber protection: Provides coverage that responds to computer and home system attacks like cyber extortion, fraud, or data breech.
Fine Arts Insurance
Fine Arts Insurance
Schedule fine art, antiquities and prized belongings.
Unique objects demand special coverage.
Whether you have precious family heirlooms or you collect paintings, antiques or sports memorabilia, a standard homeowner’s insurance policy may not provide adequate coverage for your most treasured and valuable possessions.
In some instances, a homeowner’s policy provides limited coverage for such items – just a few thousand dollars, typically – and that’s after your deductible.
Unique and valuable collections require a special kind of safety net. Scheduling items in your insurance policy is one of the best ways to protect you and your investments against losses due to accident, theft, fire, shipping and loaning, natural disasters and more.
Work with an agent who understands.
Many collectors do not secure proper coverage for their heirlooms or investments. Too often, they over-insure against minor risks and underinsure against major ones.
Begin by working with an agent who understands how to best insure valued collections and can advise you about a supplementary policy – or valued-items rider – that covers your belongings worldwide, including during transit and shipping. Then, when an object is lost, stolen or damaged, its monetary value will be covered.
It’s also vitally important to keep your fine arts insurance policies and your appraisals updated. If you add items to your collection, make sure to update your coverage.
Schedule your most cherished jewelry.
Be certain that your jewelry can be replaced if disaster strikes.
A standard homeowner’s insurance policy may not provide adequate coverage for your treasured possessions.
In some instances, homeowner’s insurance provides limited coverage for jewelry and similar items – just a few thousand dollars, typically, – and that’s after you’ve covered your deductible.
Some other important factors to consider:
- Rings, necklaces, watches, and other luxury goods are the items most frequently cited in claims.
- The value of gold and other precious metals has increased over the past 10 years. Even if your jewelry is insured, it may be undervalued.
- You should reappraise items every two to four years to ensure that your coverage is adequate and their fair market value is reflected when you need to file a claim.
Peace of mind you need.
Although nothing can truly replace the sentimental value of a cherished ring, necklace or other personal article, jewelry insurance can at least reimburse you for the financial loss.
We can help you determine the type of policy that is right for you, whether you schedule individual items or opt for blanket coverage. Either way, when an article is lost or stolen, its monetary value will be covered.