You can choose between various options when you buy insurance for your home in Charleston, SC. We can consult with you when you buy home insurance from B&A Insurance LLC so that you choose the best options for your situation.
The following are four options you have when you buy home insurance:
Replacement value vs. actual value coverage
Home insurance policies are typically classified as either replacement value policies or actual cash value policies.
If you want to get complete coverage for your home, you should choose a replacement value policy. However, your premiums will likely be higher with replacement value coverage than they would be with an actual value policy.
Policyholders can typically choose from a few different deductible amounts. Decide on the right deductible amount for you depending on how much you can afford to pay out of pocket for a deductible when you file a claim.
Coverage for outbuildings
If you have outbuildings on your property, you cannot assume that they’ll automatically be covered under your policy. You may need to specifically request coverage for outbuildings so that these structures will be covered by your insurance policy.
Liability coverage maximum
Your home insurance provider will give you various options for the policy maximum for your liability coverage. Liability coverage pays for any costs you face if you are sued because of an accident on your property.
You’ll enjoy more peace of mind and financial security in the event of a lawsuit if you invest in higher liability coverage amounts.
Reach Out To Us
Get a quote on a home insurance policy by calling us today. At B&A Insurance LLC, we’ll help you find a policy to insure your Charleston, SC home.