Posts Tagged ‘personal property’

Homeowners Quote

Thursday, May 20th, 2010

If you would like to obtain a quote on Homeowners Insurance. please complete the following information .  This is not an application for insurance.   If coverage is desired, an application will be sent to you.   All information provided is confidential and will be used solely for the purpose of providing a quote for you.  Most companies require credit scoring to quote their best rates.   By providing the information contained in this form, you authorize us to obtain a credit score on your behalf.  Please know this is a soft hit to your credit and does not effect your credit score.

The home may be a single family owner occupied dwelling (home), condo or townhome. This program may provide dwelling fire coverage, contents – personal property, loss of use, seperate structures such as a detached garage or shed, premise medical and premise liability insurance.

Complete this form to get a quote on a single family owner occupied home, condo or townhouse.

Name
Street Address
City
State
Zip Code
Phone Number
Alternate Telephone
Fax Number
Social Security Number
Birth Date
Email Address
Property Information
Property Street Address
City
State
Zip Code
Dwelling Type
Number of Bathrooms
Number of Fireplaces
What year was it built?
What is the construction type?
How many stories is it?
Total square footage
What foundation type?
Garage Description
Number of Cars
What type of roof covering?
Was the roof updated?
If yes, what year?
Does the building have a pool?
If yes, what type of pool?
If yes, is it fenced?
If there is a pool, is there a diving board?
If there is a pool, is there a slide?
Is there a smoke alarm?
Is there a fire extinguisher?
Are there deadbolts?
Is the electrical updated?
Are there circuit breakers?
How old is the heating/ air conditioning?
What is the heating system?
What is the cooling system?
Has the plumbing been updated?
Is the plumbing copper?
Is there a theft alarm?
If monitored, by whom?
Are there dogs on the property?
If yes, how many and what is the breed of each dog?
Are there any other pets or animals on the property?
If yes, how many and what is the description of each?
Current Coverage Information
Current Insurance Company
Expiration Date
Were there any losses or claims in the last 5 years?
If yes, what is the date, amount paid and description of each loss or claim?
Desired Coverage Information
Dwelling Amount - Coverage A
Premise Liability - Coverage E
Policy Deductible - Wind/Hail
Policy Deductible - All Other Perils
Do you want building replacement cost coverage?
Do you want contents replacement cost coverage?
Questions or Comments
Best Time To Contact You
Please let us know the best time to call and discuss your quote.
Or Specify Other:

Introduction to Homeowners Insurance

Thursday, May 20th, 2010

Intro to Homeowners


Most homeowners don’t have a choice in whether to purchase this kind of insurance – it is usually required by the mortgage lender.  Even if the mortgage is paid off, homeowner’s insurance is good buy.  A good homeowner’s policy provided by Hatcher Kimrey Insurance not only protects the house, but all the possessions inside.  Also, homeowner’s policies cover personal liability due to negligence and will provide legal defense up to the policy limits.

house

What Is Insured?

 

Coverage A protects the dwelling from all risks up to the policy limits.  The home should be insured for the replacement cost.  Replacement cost is the amount required to replace or rebuild your home or repair damages with similar materials and quality.


Coverage B protects unattached structures such as tool sheds, detached garages, detached houses and their contents.


Coverage C protects your personal belongings (clothing, furniture, standard electronics).  Some forms of personal property, such as silverware, guns, jewelry, antiques and computers, will require a separate endorsement.


Coverage D provides for living expenses in the event your house is uninhabitable while the repairs are being completed.


Coverage E protects you against a claim or lawsuit resulting from an injury or property damage caused by your negligence. 


Coverage F pays for medical expenses for accidental injuries on your property.


Types of Policies


Before purchasing homeowner’s insurance in Texas, it is best to familiarize yourself with the types of coverage insurance companies will generally offer.  Below is a brief summary of the types of homeowners insurance sold by Hatcher Kimrey Insurance.


HO-1 (HO-A) Basic Homeowner insures your property against 11 basic perils: lightning, fire, windstorm/hail, explosions, riot/civil unrest, aircraft, vehicles, smoke, vandalism, theft, and glass breakage.


HO-2 broadens the basic coverage to include 7 additional perils:  falling objects, collapse of roof due to snow or ice, damage from steam/hot water system, leaking of plumbing or heating system, pipes freezing, and electrical damage from appliances, wiring, or fixtures.


HO-3 (HO-B) provides for comprehensive coverage (Broad Form risks) on your home.  This insures your home against loss on a replacement cost basis.


HO-4 Renter’s Coverage insures your household contents and personal belongings, but not the structure.


HO-5 (HO-C) policies provide the most extensive coverage, often referred to as all-risk policies.  This policy offers replacement cost coverage for most types of risks.


HO-6 Condominium Unit Homeowner policy protects items not insured by the condominium association’s policy, such as damage to personal belongings, wall, floor and ceiling coverings, and any accessories not originally installed in the unit.


Hatcher Kimrey Insurance recommends that you purchase guaranteed replacement cost coverage and insure 100% of the value of the home and its contents.  You need to keep meticulous records of the value of your personal belongings, and purchase riders to insure any of your belongings excluded from your basic coverage.  Many insurance companies provide assistance with determining the replacement cost value of your home.

Please be aware that not all policies with insurance companies are the same.  Some have exclusions or endorsements that change the policy.  It is wise to have a professional explain the differences in coverage between companies.

Remember… we are always here for you!