Home Insurance in New York
Home insurance or homeowner's insurance as it is often called is not mandated by the state of New York, however, if your home is financed, the lender will require you to have home insurance to protect their asset. It's highly advised to retain home insurance after your home is paid off because you never know when bad weather or an accident can occur.
What Does Home Insurance Cover?
A home insurance policy is multi-faceted and covers several different items for your protection in New Windsor, NY. It covers your dwelling or home and its structure including the foundation, walls, and roof. It may also cover detached garages and storage sheds as well. Your personal property in your home is also protected. It pays out to you in the case of theft, or if items are damaged by a covered weather-related risk. Damages to your home and property in New York from hurricanes, tornados, heavy snow damage and wind damages are usually covered in a home insurance policy.
The liability portion of your home insurance through Windgate Insurance Agency Inc covers you in the case someone that doesn't live with you has an accident and is hurt. It will pay for medical expenses and any legal fees that you may incur in a lawsuit. This portion also covers you in the case that your dog bites someone on your property.
How Much Coverage Do You Need?
In order to calculate how much insurance you need for your property, you should make a detailed list of all of your belongings in your home with the value of each item. This can help you to determine how much insurance you need. Make certain and record any expensive jewelry items or paintings as well as coin or stamp collections. These items may need to be on a separate rider on your policy to make certain you would get the correct value in the case that they are stolen or ruined.
We realize that getting home insurance can be a difficult task when deciding how much coverage is enough. At Windgate Insurance Agency Inc we can make certain that all of your personal belongings are covered and give you peace of mind. You can come by our office in New Windsor, NY or give us a call to talk to an agent about your home insurance policy.