Homeowner & Renter's Insurance in Richmond, VA
Homeowner's Insurance
If you have tangible assets, you need the protection of a homeowners insurance policy. These policies cover you in a home or an
apartment, whether you are an owner or a renter. A well-written homeowners policy will pay to replace any of your personal
property that is destroyed in a fire or other disaster. The policy will also be your first line of defense against a lawsuit from
someone injured at your home.
The cost of this coverage is determined by many rating factors. The quality of the coverage, however, is determined by the quality of the insurer and whether the policy is written on a named perils or all-risk basis. A named-perils policy covers only those losses specifically cited in the contract. The all-risk policy works the opposite way — unless a peril is specifically excluded, coverage is provided. The all-risk policy is broader and the burden of proof is on the carrier, not you, in the event of a loss.
The cost of this coverage is determined by many rating factors. The quality of the coverage, however, is determined by the quality of the insurer and whether the policy is written on a named perils or all-risk basis. A named-perils policy covers only those losses specifically cited in the contract. The all-risk policy works the opposite way — unless a peril is specifically excluded, coverage is provided. The all-risk policy is broader and the burden of proof is on the carrier, not you, in the event of a loss.
Renter's Insurance
If you live in a rented house or an apartment, renters insurance provides important coverage for both you and your possessions.
In case your house or apartment is broken into, destroyed by a fire, or perhaps a friend gets injured at your home, renters insurance provides financial protection for you and your family. It pays for the repair and replacement of lost items as well as any liability issues you may be responsible for.
A renters insurance policy from Richmond Insurance Services, Inc. can provide you with coverage for your personal items and personal liability to protect you from the unexpected.
In case your house or apartment is broken into, destroyed by a fire, or perhaps a friend gets injured at your home, renters insurance provides financial protection for you and your family. It pays for the repair and replacement of lost items as well as any liability issues you may be responsible for.
A renters insurance policy from Richmond Insurance Services, Inc. can provide you with coverage for your personal items and personal liability to protect you from the unexpected.
Condominium Insurance
Condominium insurance provides coverage for your unit where your condominium association insurance stops. Your association
typically insures the building and other common areas.
You are responsible for the interior of your unit. Typically you need personal property and liability coverage in addition to coverage for your floors, walls, cabinets and fixtures that your association's insurance probably will not cover.
Every association's insurance policy is different regarding what each unit owner is responsible for, so it is important to review your association policy and condominium by-laws carefully.
You are responsible for the interior of your unit. Typically you need personal property and liability coverage in addition to coverage for your floors, walls, cabinets and fixtures that your association's insurance probably will not cover.
Every association's insurance policy is different regarding what each unit owner is responsible for, so it is important to review your association policy and condominium by-laws carefully.
Flood Insurance
Did you know that your homeowners insurance does not cover flood damage? Insurance against flood must be obtained
separately. A flood insurance policy also reimburses you for the work that you and other family members did to sandbag your
homes, move furniture and remove debris.
The Federal Emergency Management Agency's (FEMA) maps are important when it comes to flood insurance because if they show that your home sits in a 100-year flood plain, you must buy federal flood insurance in order to get a mortgage. If you live outside a high-risk zone, or if you no longer have a mortgage, flood insurance is optional.
The Federal Emergency Management Agency's (FEMA) maps are important when it comes to flood insurance because if they show that your home sits in a 100-year flood plain, you must buy federal flood insurance in order to get a mortgage. If you live outside a high-risk zone, or if you no longer have a mortgage, flood insurance is optional.
Pet Insurance
Pets bring great joy to a family, but they can also be very expensive to care for. Pet insurance gives you the peace of mind that,
in the event that your pet becomes sick or injured, your expenses will be covered. As technology has improved in recent years,
so has the overall quality of veterinary care. However, these improvements have resulted in higher costs and tougher decisions
for pet owners.
The last thing Richmond Insurance Services, Inc. wants is for you to have to forgo a potentially life-saving surgery for your family pet, because you cannot afford it. Don't wait until it's too late. Get pet insurance today.
The last thing Richmond Insurance Services, Inc. wants is for you to have to forgo a potentially life-saving surgery for your family pet, because you cannot afford it. Don't wait until it's too late. Get pet insurance today.
