Homeowners Insurance in Vermont
For most people, buying a house is the largest investment they will ever make. To protect the investment you’ve made in your Vermont home, as well as your financial future, you should obtain comprehensive homeowners insurance.
A typical Vermont homeowners insurance policy includes several common protections:
- Dwelling and other structures
- Personal property
- Liability coverage
- Loss of use
Our agents at T.S. Peck are trained to help you balance these coverage needs with your budget to find the right policy for your home.
Dwelling and Other Structures Coverage
Your house, garage, shed, and other structures face a number of risks. Fire, water damage, and storm damage can all require expensive repairs. Under your homeowners insurance policy, you can file a claim to help cover the cost of these repairs, up to your policy limits. Other structures, such as the garage or shed, can be included in your policy. The amount of coverage you need is determined by the replacement value of your home. This is often different from the market value, or what you could sell your house for. We can help you determine the right amount of coverage to fully rebuild your home in case of a particularly damaging event, such as fire.
Personal Property Insurance
The contents of your home, including furniture, electronics, and clothing, are covered under your homeowners insurance policy. In the event of a covered peril, such as a fire or theft, your insurance can help to pay to replace these belongings. Many policies will also help to cover your personal property when you take it out of your home, such as in a college dorm, though to a lower limit.
High value personal property may need additional insurance. Jewelry, art, and antiques often exceed the coverage limits of your standard homeowners policy. We can help you find a professional appraiser in Vermont to accurate value your items and help you purchase insurance riders to fully protect these assets.
If someone slips on your icy path during a Vermont winter and gets hurt, you may be held liable for their medical costs. Liability coverage in your homeowners policy helps to pay for lawsuits and medical expenses when someone is injured on your property due to your negligence, that of another family member, or a pet.
Loss of Use
If your home is damaged and you are forced to temporarily move out, loss of use coverage can help pay some of your additional living expenses. This typically includes hotel costs, food, and other living expenses that go beyond your normal living costs. Loss of use coverage may sometimes also be able to help cover the costs of events such as a backyard party that gets cancelled due to a covered peril. You’ve made a large investment in your home, so let us help you protect it. Your home insurance policy can protect you against a number of risks, giving you financial security for the future.