Having a home in Alabama is an outstanding achievement for anyone. Protecting one’s home from unforeseen adversities by having an appropriate insurance cover should be a priority for any homeowner. Thus, homeowners in Alabama need to make serious decisions about home insurance needs. Though it is not mandatory to have a home insurance policy in Alabama, it is a good idea to do so as a homeowner. A home insurance policy protects you from huge costs in the event of a disaster. Home insurance coverage is one of the best ways to protect your assets from unexpected incidents.
A home insurance policy covers both property and liability. This insurance policy covers both damages to the policyholder’s property and liability for injuries and property damage caused by the family members or the owner to other people.
Every home insurance policy has a liability ceiling, which determines the amount the homeowner is entitled to. In the United States of America, standard policy forms that divide scope into several categories are used. There are standard policy limits, but the homeowner can decide to go for a higher limit policy. In case the policyholder makes a claim, the liability limit states the fraction of the sum assured that the insurance company would use in replacing or repairing the homeowner’s property, personal items, and the inconvenience of living elsewhere before the property is fixed.
Here at Bailey Agency Inc. of Alabama, we provide the following home insurance policies.
- Dwelling coverage: Protects the structures of your house, such as the roof and walls.
- Personal property coverage: Protects your household items such as furniture, cutlery, and electronics from theft, fire, and other unfortunate events.
- Liability protection: Protects homeowners in case someone gets injured in your house or in case you cause damage to other people’s property.
- Other structures: Protects structures detached from your house—for instance, a detached garage.
If you are a homeowner in Alabama, call us or visit our offices at Bailey insurance Agency Inc. to get useful pieces of information about coverage choices that fit your needs.