What Are the Key Types of Coverage of Home Insurance?

As a homeowner, you understand the necessity and importance of home insurance. It protects homes and homeowners’ personal belongings. This insurance aims to provide financial protection from various accidents and disasters. 

Typical home insurance includes the following coverages: 

  • Dwelling coverage. It provides the structure of a home, including the walls, floors, ceilings, and built-in appliances. It covers various perils, such as vandalism, fire, theft, and more. 
  • Personal liability. The purpose of this coverage is to cover costs if your visitor or guest sustains an injury on your property. It also provides property damage coverage. 
  • Contents coverage. It protects your personal belongings, including furniture and clothing. If a covered incident occurs and you file a claim, an insurance company will cover the value of these items.

However, it is essential to understand that standard home insurance does not cover everything and has limitations. Therefore, to ensure that you, your property, and your personal belongings are fully protected, it is also recommended to carry additional coverages. The most common optional coverages that you may want to consider include the following: 

  • Flood insurance. It protects your home and personal belongings from flood-related damage. Flood insurance is highly recommended if you live in an area prone to flooding. 
  • Earthquake insurance. It covers your home if an earthquake occurs and causes damage. It is a separate policy with its own deductible. 
  • Umbrella insurance. It provides additional coverage for property damage, bodily injury, and personal injury to others. Umbrella insurance kicks in when the liability limits on your home insurance have been exhausted. 

E.S.T.I.R. Inc. – Your Reliable and Trustworthy Insurance Company in New Jersey

Are you a homeowner from New Jersey and shopping for home insurance to protect your precious property and personal belongings? Do not hesitate to contact E.S.T.I.R. Inc. – an insurance company serving clients in Bloomfield, NJ, specializing in different types of insurance, including home insurance. If you have any questions or want to discuss our insurance options, please feel free to call us. 

Car Insurance and Summer Vacation: Know Before You Go

When planning your dream summer vacation, it can be easy to overlook the boring logistics, like ensuring you have the insurance coverage you need. If you’re planning on getting to your destination by car, it’s vital that you take a moment to have a closer look at your auto insurance policy. Doing so can save you stress ahead of time should there be a problem while on the road.

Many Bloomfield, NJ residents don’t realize that their policy likely only covers themselves and their car, not their passengers or co-driver. If you plan on taking a long road trip and splitting the drive time between yourself and someone else, be sure that your insurance policy covers any accidents or damage that may occur when you’re not behind the wheel. You may also want to be sure that your policy will cover your passengers’ medical expenses should there be a severe accident.

Now say you have a flat tire or a mechanical problem with your car. Does your policy offer roadside assistance coverage? If not, you may want to add it. If so, it’s best to look over the specifics of the policy to ensure that the amount of coverage is appropriate to the situations you may find yourself in. You don’t want to find yourself on a stretch of farmland with a policy that only covers towing within three miles!

Ensure You Have the Coverage You Need With Help From E.S.T.I.R. Inc.

If you have concerns about your auto insurance policy before your next vacation, contact E.S.T.I.R. Inc. today! Bloomfield, NJ residents have been trusting our team to find the right coverage for them since 1999. Don’t wait! Our dedicated agents would be happy to serve you.