Homeowners insurance protects you from loss by covering certain types of damage to your home’s structure and interior. Home insurance policies may also cover the value of the items inside your home, and they typically provide protection against liability claims related to damage or injury that occurs on your property.
The cost of your homeowners insurance policy will depend primarily on the value of your home, as well as the options and coverage levels you choose. For example, most insurers allow you to choose whether you will cover the fair market value or replacement value of your home. Since the cost of replacing your home will typically be higher than its fair market value, policies that cover replacement costs tend to come with higher premiums than those that cover only the home’s fair market value.
Trager Reznitsky Insurance Group is happy to help you find the home insurance policy that best suits your needs. As your independent agency, we can answer all of your questions and give you the one-on-one attention you need to make an informed decision. We can also help you compare online quotes from multiple carriers so that you can find the policy with the lowest possible premium.
Don’t get caught without sufficient homeowners insurance coverage. If you own a home in Connecticut, contact Trager Reznitsky Insurance Group today to learn more about your insurance options.