What are the available add-ons for a homeowners policy?

In Longmont, CO, as well as the rest of the United States, a homeowners insurance policy is vital to cover emergency issues, such as theft or natural disasters. But what if you experience a sewage backup, as many unfortunately do? Most policies do not have this coverage, so owners end up paying thousands out of pocket to clean up the mess! The add-on for coverage of sewage backup is often only in the ballpark of $50 per year. 

It is essential that you speak to an agent at 1st American Insurance Agency, serving the needs of Longmont, CO, in order to discuss a plan that works for you. Basic homeowners insurance policies cover possessions (like art and jewelry), damage to the physical structure from certain disasters (fire, for example, but not floods), and the medical expenses and/or lawsuits against you caused by someone’s injury within your dwelling. Again, individual policies differ, so talking to an agent at 1st American Insurance Agency is vital.

If you own pieces that are very valuable, consider special coverage for them, whether individually or as a collection, which drops the deductible and adds additional coverage like theft from the premises or breakage. 

If you live in an area that is more prone to disasters such as earthquakes or floods, separate plans are necessary, as they are not covered by a standard policy. 

If you own recreational or watercraft vehicles and store them at your house, chances are they won’t be covered by your basic policy, either. A rider to cover the cost of these apparatuses must be purchased.

Additionally, if you have a home-based business, your homeowner’s policy will exclude it from coverage. If you are going to have a business, be sure to get an add-on just in case there is damage to electronic equipment, computers, etc.