If you’re a homeowner, you know how important it is to have insurance. Homeowners Insurance Dexter MO area policies cover weather related damage, theft, fire and injuries to others. Below you’ll find commonly asked questions about a homeowner’s policy.
Q. What does a basic homeowner’s insurance policy cover?
A. If your home is unlivable and has to be rebuilt, your policy will cover the cost for you and your family to stay in a motel. The insurance will also cover damage to your property from fires, lightning, hail and wind. If the weight of snow, sleet or ice damages your home, your policy will pay for repairs. If someone falls or is otherwise hurt while in your home or on your property, your homeowner’s insurance will pay for their medical expenses.
Q. Does my insurance policy cover damage caused by floods or an earthquake?
A. General Homeowners Insurance In Dexter will not cover these natural disasters, however a separate policy can be purchased if you want this coverage.
Q. What types of additional coverage can I get with my policy?
A. You can pay for optional coverage for your expensive jewelry, antique items or firearms. Before purchasing additional insurance for these items, you should get them appraised. If they’re stolen or destroyed, your policy will pay the appraised value. You can also get optional coverage that pays for damage to your home from sump pump, sewer or drain backup.
Q. Is it a requirement by law to have homeowner’s insurance in Missouri?
A. Missouri law does not require you to have a homeowner’s insurance policy, but it’s pretty risky business if you don’t. If you have a mortgage on your home, the lender will insist that you have an active policy.
Q. What can I do to prepare myself if I ever have to make a claim?
A. Taking inventory of your possessions is the smartest thing you can do to make a Homeowners Insurance Dexter MO claim easier for you. Take pictures and write down serial numbers of the expensive items in your home. Place these and other important documents in a fire proof safe or lock box. Hopefully you won’t ever need them, but if you do, you’ll be prepared.
