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Homeowners insurance facts

1
Cutting corners doesn’t pay

Many homebuyers go for the lowest priced insurance and forget to factor in other important criteria. When hardships arise, the difference between the cheapest policy and the one that offers excellent value becomes clear. AHI will help you weigh your options and find the right level of coverage for you.

2
You need to compare insurance carriers

It’s important to weigh your options and shop around to find the right provider. At AHI, we’ll do the work by checking with multiple carriers and getting you several quotes. All of the insurance carriers we work with are rated “A,” or better, by the A.M. Best Company, which rates companies for their stability, products and return on investment.

3
Your policy should be tailored to you

Most homeowner policies cover both property and personal liability. Your AHI insurance specialist can help you look at the big picture and tailor your policy to your individual needs. Do you own fine art? Do you need specialized coverage for earthquake and/or flood? We’re here to help.

4
Bundle and you could save

Ask AHI how you can bundle your homeowner, automobile and any other coverage through one insurance carrier and your savings could grow. Plus, you’ll always know exactly who to contact any time you need assistance, without having to dig through piles of paperwork.

5
Review your policy regularly

Life changes often, and so do your insurance needs. Review your policy regularly and ask your insurance specialist questions about your coverage. You may be able to save on your policy if you add certain features to your home, such as a security system, fire alarm or electrical upgrades.

A basic breakdown of homeowner coverage

Homeowner insurance can be confusing. Here's a quick rundown of the basics.

Coverage A
Residence:

Protects your home, the main dwelling and attached structures (i.e. attached garage).

Coverage B
Secondary structures:

Protects structures not attached to the main dwelling (i.e. detached garage, shed, etc.).

Coverage C
Personal property:

Covers many items of personal property owned by the insured (i.e. clothing, furniture, appliances).

Coverage D
Additional living expense:

Pays for living expenses while your home is being replaced or repaired.

Coverage E
Personal liability:

Provides coverage against a claim or lawsuit resulting from bodily injury or property damage to others caused by an accident on your property, or as a result of your personal activities elsewhere.

Coverage F
Medical payments to others:

Covers non-resident medical expenses if injuries occur on your property.

Additional endorsements:

Protects especially valuable assets (e.g. jewelry, fine art or collectibles).

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