New Optional Insurance Coverages for Homeowners

October 22, 2014 at 10:12 AM | Posted in Home, Insurance Policy | Leave a comment
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Many insurance companies are starting to offer additional coverage options to their insureds that are not included in a standard homeowner insurance policy. The following are examples are a few of the valuable coverages that can be added to your policy for an additional cost:

Equipment Breakdown – provides coverage for damage to major equipment (i.e. heating systems, coolant systems, electrical equipment, and major appliances) in the home caused by mechanical, electrical, or pressure system breakdown.

Assisted Living Care Coverage – provides coverage for insured with relatives residing in an assisted living care facility or nursing home. Protection includes personal property, personal liability, and additional living expenses.

Service Line Coverage – provides coverage for loss or damage resulting from a service line failure. Service line consists of underground piping and wiring that is located at the residence and provides a service such as delivering water or power to the dwelling or other structure from a utility or private water supply.

If you are interested, and want to discuss which additional options best fit your needs, call us at 888.850.9400 to review your homeowners policy.

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