Home Insurance Myths To Avoid While Researching Policies

Windgate Insurance Agency Inc. serves the New Windsor, NY community by offering residents multiple insurance coverage types. We strive to make things easier for our clients. For over 25 years, we have been committed to providing customer service that exceeds expectations.

Home Insurance Myths To Avoid

Your home is one of your most prized possessions. However, one accident can cause major damage. That’s why home insurance is an asset. Home insurance covers you if your property is damaged or vandalized. Your personal items inside of your home are also covered if they are stolen. Liability coverage protects you if someone gets injured while visiting your home. As you are researching different policies, avoid some of these common home insurance myths.

Any Flood Damage Is Covered

This is incorrect. During severe weather in New Windsor, NY, there is a possibility that flooding will occur. If your home is damaged due to a flood, you will not be automatically protected under your home insurance policy. You’ll have to look into adding special flood coverage.

Your Luxury Items Are Covered

This is also incorrect. If you have special luxury items such as antiques, you’ll have to amend your policy to ensure that you are covered if the items are damaged or stolen.

I’ll Be Covered If I Start A Work From Home Business.

If you want to start a work from home business, you are not fully covered under your home insurance policy. Working from home exposes you to a unique set of risks. That’s why you’ll need to look into a commercial policy to cover your business fully.

Consult With Windgate Insurance Agency Inc. 

Visit our website to learn more information about home insurance.

Why a New York Homeowner Needs to Have Home Insurance

One of the biggest decisions that someone in the New Windsor, NY area will ever have to make occurs when they buy a home. For those that want a stable place to live, owning a property is often the ideal option. If you are looking to buy a home, you will be much better off if you get a home insurance policy. There are several reasons why having this insurance is a necessity.

Ensures Contractual Compliance 

If you buy a property, there likely will be a variety of legal agreements that will require that you have home insurance. Anyone that purchases a home with a mortgage will be required under their loan agreements to carry home insurance at all times. Further, anyone that lives in a home association will be required to carry a full home insurance policy.

Property and Liability Coverage 

The main benefit of having insurance on your home is that it will provide you with very valuable coverage. This insurance will give you protection if your home is damaged by a fire, bad storm, or another type of casualty. With the policy, you will also get very important liability coverage. This will ensure you are covered if you are found liable for an injury or other accidents that occur on your property.

No matter what your personal situation is, it is very important that you have insurance on your New York property at all times. Those that are in the New Windsor, NY area and want to buy a home should call the Windgate Insurance Agency, Inc. to learn more about home insurance. The team at Windgate Insurance Agency, Inc. can explain to you all of your insurance options to make sure that you get the right insurance for your home and situation.