Goodlad & Swank Insurance Agency
Disclaimer: The information on this site is general in nature and does not alter the terms or conditions of any policy you purchase through a State Insurance Agent. Be sure to read your policy for a complete description of coverages, options, limits, deductibles and discounts. Not all policies or features are available in all areas. Coverage cannot be altered, changed or bound via this website.
Owning a home without insurance can be very precarious. If damages occur, the responsibility will be yours. Purchasing property insurance can replace your personal belongings or protect you if you are responsible for damage to another person's property or an injury sustained at your home. Similarly, you could also receive coverage to handle court fees, food and lodging if you have to leave you home. Having a discussion with an insurance agent can help you choose which type of insurance fits your lifestyle.
Making the decision to buy a home is a huge emotional and financial investment and it is important to keep the investment protected. Buying home insurance can be a great asset to ensure that you are protected in case your house is destroyed or damaged.
Homeowner's insurance can vary from more comprehensive policies to simple liability coverage that provides coverage for your personal property or the structure of your house. There are also specific policies that protect your home in case of flood, fire, or earthquake.
What your plan covers depends on the insurance brand that you choose. To find out what kind of home insurance best suits you, talk to one of our qualified insurance agents for a free quote.
Insurance agencies, like Goodlad & Swank Insurance Agency in Lehigh Acres, usually offer the following types of policies:HO-1 Policy
An HO-1 homeowner's insurance policy provides you with essential coverage. It deals with destruction caused by particular events, including fire, lightning, windstorms, hail and explosions. These plans also usually cover damage instigated by civil conflict and volcanic eruptions. Since this policy is very narrow, many states don't usually offer it to customers.HO-2 Policy
This policy protects you against 16 types of events, including damage from theft, vandalism and riots. An HO-2 policy will take care of hail damage, windstorm damage and broken glass, along with smoke damage and wreckage caused by a vehicle. If your pipes erupt or your roof collapses, this policy will also cover that.HO-3 Policy
HO-3 policies cover all possible reasons of destruction to your property and possession loss, with the exception of precisely listed events. Exclusions contrast from policy to policy, so go over yours meticulously to comprehend what is going to be excluded.Basic vs. Extra Coverage
Basic homeowner's insurance typically takes care of the money it will cost to fix compromised property, as well as the restoration costs if your home is damaged. It also covers your belongings, but the items inside your house are only covered for up to 40 percent of the home's insured value. Additional coverage will shield you against earthquakes and floods, as well as dealing with the loss of personal property like jewelry, computers and cameras.