The best Kearns Utah, homeowners insurance can be found at the best agency – Anderson Insurance Group.
Homeowners insurance is not only about the lowest price. In fact, when you focus only on price, you are most likely getting a discount product that will not include all of the protection you need. When you choose price over coverage, a claim becomes very disappointing and will certainly cost you more in the long run.
At Anderson Insurance Group, we pay attention to every detail of your policy. Here are some important parts of your protection that not every company or agent will include:
DWELLING COVERAGE: Three things have driven up construction costs: 1) Inflation, 2) A shortage of skilled labor and 3) More storms, have driven up the cost of home insurance significantly. Call us for a up to date analysis of your policy limits to make sure you are adequately protected.
EXTENDED REPLACEMENT COST: One way to protect against being underinsured is the extended dwelling replacement cost coverage. This endorsement will add an additional 125%, 150% or Guaranteed Dwelling Replacement. For this extension to apply, it’s important that the square footage of your home is correctly stated on the application and policy. If not, the extended replacement can be null, and you can even be subject to a co-insurance penalty. If you have finished your basement or made other improvements, be sure to notify your agent. The moral of Extended Replacement Coverage is, do not risk underinsuring your home. This is too common with online insurance companies who will offer lower coverage to earn your business but when there is a claim, you will not have the coverage you need. Navigating Online Insurtechs: Innovations, Risks, and Pitfalls | Anderson Insurance Group
CONTENTS COVERAGE: If you have extra-valuable items such as jewelry or tools that are used in a business, contact your agent about addition additional coverage. Every policy will have some limits and exclusions and if your contents are out of the ordinary: What are the limitations on personal property in an HO3 Policy? | Anderson Insurance Group
ADDITIONAL LIVING EXPENSE/LOSS OF USE: Pays for you to live in another home while your home is being rebuilt after a covered loss. Rebuilding is a lengthy process these days, make sure you have enough coverage.
PERSONAL LIABILITY: Covers if a visitor of your home is injured on your property. Your policy will pay only if you are negligent and responsible for the third party’s injury. The most common claims are trip and fall & dog bite claims. Many companies will limit or exclude coverage for certain breeds of aggressive dogs. If you own one of these breeds, be prepared to have that dog excluded from coverage. What’s The Average Dog Bite Claim in Utah? | Anderson Insurance Group
Dwelling, Contents, Additional Living Expense and Personal Liability coverage seem to be the fucus of companies when discussing homeowners insurance but great coverage, goes a lot deeper than that.
Let’s dive deeper into what makes The BEST HOMEOWNERS INSURANCE policy the best!
SERVICE LINE COVERAGE: Pays to repair or replace the main water or sewer line from your home out to the street. Not all home policies offer Service Line coverage and there may be some limitations based on the age of your property, so it is always worth asking about. Service Line Coverage | Anderson Insurance Group If you cannot get Service Line insurance on your homeowners policy, adding it to your Dominion Energy bill is a great alternative: Dominion Energy | HomeServe
WATER SEEPAGE & LEAKAGE: Will pay for “hidden” water damage from a leaky pipe that has occurred over time, commonly behind a cabinet or wall. This additional coverage removes the confusion about whether a water loss is sudden or accidental. The basic limit for Water Seepage & Leakage is $10,000 but higher limits can be endorsed: Water Seepage & Leakage Explained
ORDINANCE & LAW or BUILDING CODES COVERAGE: Pays to rebuild the undamaged, portion of your home to code in the event of a loss. If you have an electrical fire in one part of your home, the insurance company will pay to replace the electrical system that is damaged in the fire but not the part of the electrical system in the undamaged remainder of the home that the building permit will most likely require you bring to code. Ordinance & Law pays for this.
DAMAGE FROM AN IRRIGATION SPRINKLER OR EXTERIOR WATER PIPE: Utah is a unique property insurance state. Almost every home has a basement and almost every home has an irrigation system. When an irrigation pipe breaks and the water runs into your basement, you are most likely not covered, not all companies cover this type of risk. Ask your agent, know your policy and if you have a finished basement and irrigation system, make sure you are covered.
INLAND FLOOD: Is broader than traditional flood insurance and less expensive. It can be conveniently added onto your homeowners insurance policy and will also cover damage to your basement, something traditional flood insurance does not cover. There are different levels of coverage that can be purchased. With a sharp increase in convective storms, you may want to consider Inland Flood, this coverage has been very beneficial to a many clients at Anderson Insurance Group.
SEWER & WATER BACKUP: The limits of this coverage are not as important as they may appear because most water & sewer backup losses occur “on premises” or within the boundaries of the foundation, and in these cases, the water & sewer backup limit does not apply. Nevertheless, a basic limit of coverage should always be included. Water & Sewer Backup Coverage, Do You Need It? | Anderson Insurance Group
THE BEST HOMEOWNERS INSURANCE
The best homeowners insurance isn’t always the best price or the limits on your dwelling or liability. Make sure you are protected by drilling into the coverage and choosing an agency you can trust, Anderson Insurance Group.
Here are a few more links with additional information to help you get the best homeowners insurance coverage:
Homeowners & Condo Insurance | Anderson Insurance Group
Earthquake Insurance in Utah | Anderson Insurance Group
Roofing Scams – Hail No! | Anderson Insurance Group
Second Home Insurance | Anderson Insurance Group
Anderson Insurance Group – Kearns – Utah