Your home is incredibly important; after all, it’s where you live. Protecting your home through homeowners insurance seems obvious, but understanding which policies you need and how much coverage is appropriate can be complex. Dominick Falcone Agency is proud to help you find the right insurance for your Syracuse home.
There are specific things that homeowners insurance usually covers – and other things that it generally does not cover unless additional policies, or riders, are added. For example, homeowners insurance will often cover:
Damage related to theft and fire;
Damage related to other typical weather events, like hail or thunder;
Injuries that someone else suffers on your property, including their medical bills;
Additional buildings on your property, like sheds and garages;
Homeowner insurance often will not cover:
Damage related to natural disasters, like earthquakes or flooding;
Value of specific antique or collectible items.
Make sure to speak to your agent to find out more about whether or not these specific items are covered, or how to add that coverage if possible.
One of the most common questions about homeowners insurance is simply how much it will cost. Unfortunately, that cost varies a great deal depending on the home value, the area, possessions, and more. Be prepared to talk these details over with your insurance agent at Dominick Falcone Agency to find the right balance of coverage for your situation.
The cost of coverage is also generally tied to the amount of deductible that you are willing and able to pay. Sometimes people will choose coverage with a very high deductible simply because the monthly or yearly cost is lower. Before you do that, however, make sure that you would be able to pay for that deductible. Otherwise, you may not be able to get the full benefit of your insurance.
Also keep in mind that if you run a business out of your home, you may need additional coverage for your business and any equipment related to it.
At Dominick Falcone Agency, we have years of experience in offering homeowners insurance in Syracuse. Contact us today at 315-422-6128 to get a quote on the right insurance for your home.