When you’re looking for homeowners insurance, M&K Dignum Insurance Agency Inc. can help. Finding the right homeowners’ insurance policy is essential for providing adequate coverage for your home. As a resident of Albany, NY, here are the homeowners’ insurance options you need to know about.
Factors You Need to Consider When Choosing Homeowners Insurance
There are different factors you need to consider when you’re thinking about insurance for your home, such as the size of your home and the type of home you’re insuring.
Included Coverage Options in A Homeowners Insurance Policy
There are different coverage options included in this policy:
- Dwelling insurance
- Possessions insurance
- Liability insurance
- Loss of use insurance
Dwelling insurance is coverage that helps you repair your home when it’s damaged. Possessions insurance makes sure your personal belongings, such as electronics, clothes, and furniture, are insured if they are damaged. Liability insurance helps cover the cost of third-party property damage and injuries caused by negligence or mistakes. Loss of use insurance helps you cover the cost of hotel bills when your home is severely damaged and uninhabitable, causing you to be temporarily displaced.
Specialty Homeowners Insurance Coverage Options
Standard homeowners insurance options give you the ability to choose different enhanced coverage. This enhanced coverage can include:
- Scheduled items riders
- Secure backup coverage
- Equipment breakdown endorsements
- Medical payments insurance
- Detached structure coverage
These specialty homeowners insurance coverage options are not required to be added to your initial homeowners’ insurance policy.
Here at M&K Dignum Insurance Agency Inc., we are here to help you with your homeowners’ insurance needs in Albany, NY as well as commercial and auto insurance. Contact us today to learn more about our insurance services. We look forward to helping you!