Kovalev Insurance Agency provides a variety of options for home and rental coverage. Homeowners insurance will protect you from unintentional damage or destruction to your property. If you have a mortgage on your property, homeowners insurance is probably required by the mortgage company. Renters insurance provides basic protection from liability and for your personal property as a tenant. These options provide coverage for your home and other structures on your property, personal belongings, and liability. We offer coverage for all types of homeowners including:
- Apartment Buildings
- Condo Unit Owners Insurance
- Condo Unit Owners Insurance – Tenant occupied
- Condo Master Policy Insurance (Association coverage)
- Homeowners Insurance (Single Family)
- Homeowners Insurance (Multi-Family)
- Homeowners Insurance – Tenant occupied
- Personal and Commercial Umbrella Insurance
- Renters Insurance
- Seasonal and Secondary homes
- Vacation Rentals
Property Protection coverage pays for the replacement or repair of your home and personal property if it is damaged, destroyed, or stolen.
Liability Protection coverage pays for injuries to someone else or damages to their property for which you are found legally liable. This Liability coverage will protect you whether or not an incident occured on your property.
Repair or Replacement Cost
Repair or Replacement Cost coverage will pay up to 150% of your home’s insured value in order to compensate for the growing costs of property and labor since you purchased your home.
Personal Property Replacement Cost
Many homeowners policies provide only actual cash value coverage for your home’s contents. This means the policy will pay a depreciated value for the property inside your house based on its age. This may not be a sufficient amount to replace you property. Personal Property Replacement Cost provides coverage that will allow you to buy an equivalent new property for which you will be reimbursed (minus deductible).
Scheduled Personal Property Protection
The Personal Property Replacement Cost coverage may still be insufficient to cover certain high value items such as jewelry, furs, and collectibles. Scheduled Personal Property Protection allows you to cover them for their full appraised value.
Homeowners and Rental Insurance
Updated on 2016-09-19T16:40:27+00:00, by .