Homeowners Insurance protects your home and personal property from loss due to damage caused by fire, lightning, windstorm, hail, vandalism, etc.
The property section of the policy includes permanent structures on your property and additional living expense.
As a homeowner you may be responsible for injuries to others that occur on your property.
Personal Liability Coverage helps to ensure your security and finances and the safety of your family.
Coverages included under personal liability are:
Condo insurance covers the real property interest and the personal property of an insured who owns a condominium unit or shares an ownership interest in a cooperative building. In addition, a condo insurance policy provides personal liability coverage and medical payments coverage.
With a condo policy, it is important to determine the responsibility of the unit owner and the building owner when it comes to insuring the structure. Specht Insurance Group, Ltd. can help in determining how much coverage is necessary for the unit owner to properly insure against a loss.
Dwelling Fire Insurance is for individuals that own a rental and/or investment property.
In addition to coverage for the structure, dwelling fire policies can provide loss of rents coverage which pays the property owner in the event the property becomes uninhabitable due to a covered loss.
Not all insurance products are similar in price and function, that’s why it’s important to customize a portfolio to fit your specific needs.