Homeowners

Because life happens at home, it is one of the most important investments you will make and protecting that investment is essential. Homeowners or Dwelling policies have many different coverage options and features that can be overwhelming. Goodman Agency Agents are ready to answer any questions you might have regarding your homeowners coverage.

Components of Homeowners Insurance: This can cover a rental home, which we call Dwelling/Dwelling Fire or Homeowners:

There are usually 5 different subsections of a homeowners policy. Our agents can explain how these different subsections work to create your own tailored insurance policy.

1. Dwelling-To put it simply- this is the coverage on your house! Nothing inside that isn't part of the existing house.
2. Other structures-Any structure separate from the main house including detached garages, storage sheds on property, fences, gazebo, play sets, and even your landscaping.
3. Personal Property-Any item that isn't attached to the house including your clothes, furniture, food, refrigerator, washer/dryer, etc.
4. Liability Insurance-Financial Risk coverage can provide legal services.
5. Medical Coverage-Reimburse medical expenses incurred by guests who had an accident on your property.

At Goodman Agency, we strive to explain to you what each section means for you and how the policy works as a cohesive unit to work with you in case of a loss.

Ways your premium might be factored are different with each company. Some of those factors include, but are not limited to:

• Type/shape of roof/ last replaced
• Claim History
• Continuous coverage
• Auto/home discounts
  
• Town where you live
• Proximity of your home to fire station or fire hydrant
• Deductibles (Higher Deductible= lower premium)
• Discounts/Credits available
• Additional endorsements available: Mine Subsidence/ Earthquake/ Water Backup/ Flood Insurance