One of the smartest decisions you can make as a Mid Atlantic homeowner is purchasing home insurance. Home insurance compensates you for damage to your structure or loss of property due to a disaster. The amount of coverage you obtain will depend on the value of your home and belongings. At Pacati Insurance Group, we can help you select a policy to suit your needs. Here's how home insurance works to protect your interests.
Home insurance offers several coverage options to include dwelling, property, liability, and loss of use protection.
Dwelling insurance protects your home structure. It helps cover the cost of repairing or rebuilding your home if it's damaged or destroyed in a disaster. This includes attached structures like patios and garages. Ideally, your dwelling coverage should be enough to rebuild your home in the event of a total loss.
Property insurance covers your belongings - your clothes, furniture, appliances, electronics, sports equipment, etc. If these goods are damaged or destroyed in a covered peril, property insurance will help pay for their repair or replacement cost. Actual cash value coverage will compensate you for the cost of your goods minus depreciation. Replacement cost coverage will pay to replace your valuables without taking off for depreciation.
Liability insurance protects you against accidental injuries on your home property. If a guest slips on your pool deck and hurts his back, liability insurance will cover his medical costs. If an accident leads to a lawsuit, liability insurance will pay your legal fees and settlement, if necessary, up to the limits of your policy.
Loss of use insurance covers your living expenses elsewhere if you have to leave your home during repairs after a disaster. This includes hotel bills, food, fuel costs, etc.
By customizing your home insurance, you can get just the coverage you need at affordable costs. Call or visit your Pacati Insurance Group agent today for all your home insurance needs.
While our office is located in Falls Church, VA, we service clients all over Virginia, Maryland, Pennsylvania, and DC.