Disasters can strike anywhere, even in our most precious homes. Thankfully, home insurance can help you get back to the swing of things in the shortest time possible. At Insurance Consultants LLC we understand that your home is valuable to you, and that is why we help you protect what is most important to you. If you don’t have a home insurance policy, it is critical that you get one as soon as possible. If you one, consider reviewing your premiums and determine whether they are adequate or not.
What does a Missouri home insurance cover?
- Dwelling
- Other structures
- Personal belongings
- Liability coverage
- Medical payments protection
How to determine how much home insurance is adequate for you.
The standard home insurance policy offers several coverages that are vital for your entire home. However, you may want to do some research to find out whether you are over-insuring or underinsuring your home. You can begin by calculating the value of your possessions and the value of the house. Older homes command higher premiums as they are susceptible to wear and tear.
Factors that can affect your home insurance rates
Insurance providers in Missouri use different ways to determine your insurance rates. That explains why every homeowner has different insurance rates. some of the significant factors that influence your insurance rates include;
- Age of the house
- Where you live
- The size of the house
- Cost of building materials
- Other structures in the home like pools, garages, and sheds
What is not covered
Basic home insurance does not cover everything in your home. However, you can always purchase additional coverages where necessary. For instance, if you live in a flood zone area, you can buy flood insurance to protect your home from water damage. Jewelry and expensive artwork may require separate coverage
Some of the things that are not covered include:
- Jewelry
- Flood damage
- termite infestation
- Sinkholes
- Mold
- sewer backup
To learn more about home insurance, visit Insurance Consultants LLC today!