North Carolina’s Inner Banks are home to some of the state’s oldest and most beautiful communities and vacation destinations. If you have worked hard to build a life for yourself and your family, then you’ll want to do all you can to protect it. To make your personal property secure against numerous risks and liabilities, you’ll need quality homeowners insurance.
Amato Insurance Group proudly serves the greater New Bern area, including Havelock, Morehead City, Cherry Point and Emerald Isle. We’re the experts you can always trust to help you design personalized home insurance benefits. When you choose us as your local, independent insurance agency, you’ll gain a partner who can help you build optimized protection that will adequately address the risks and liabilities on your property.
Common Home Insurance Questions
What Does Home Insurance Cover?
All residential properties, from starter homes to dream homes, represent massive financial investments. Therefore, any accident or hazard on the property could wind up costing the owner a lot of money.
Rather than losing money as you try to pick up the pieces of these accidents, you should be able to rely on the assistance provided by homeowners insurance. Countless expensive and devastating hazards, from fires to break-ins could damage your home. But the fact is that you never know when these might happen or how expensive they might be. Home insurance will make sure you have the financial ability to recover from these losses, regardless.
When Do You Need Homeowners Insurance?
No matter how long you live in your home, or how new or old it might be, it still has value. Having home insurance will offer you the reassurance that you can protect that value from significant losses.
Overall, your home insurance equals protection for the investment that you make in your property. That’s why you’ll want a policy in place from the moment you move in. In fact, most mortgage lenders will require applicants to get a policy before they will approve the loan.
How Much Home Insurance Do I Need?
Homes, their values and their residents vary drastically. As a result, you’ll want to incorporate numerous benefits into your homeowners policy to achieve optimized protection. Plus, you’ll want to be able to tailor these benefits to your advantage. At minimum, your policy should include:
- Dwelling Insurance
- Other Structures Coverage
- Possessions Insurance
- Liability Insurance
- Accidental Medical Payments
- Loss of Use Insurance
Plus, there are many other supplementary benefits and policy endorsements that you can add to your plan to optimize it to your advantage. Ask your agent about the best ways to do so.
A Special Note for Coastal North Carolina Residents: You need both windstorm and flood insurance in order to comprehensively protect your property. However, many standard home insurance policies don’t automatically offer this coverage. Let us work with you to determine how best to add these benefits into your property insurance package.
How Much Does Home Insurance Cost?
All homes have different values and different liabilities present on the property. Therefore, the cost of your homeowners policy can vary considerably from your neighbors’.
Just a few of the factors that might influence your premiums include:
- Your chosen coverage limits.
- The location of the home.
- Your history of insurance claims.
- The home’s age and value.
- Accident risks on the property.
We fully understand that you want to be conscious of costs when choosing your home insurance, which is why we will work with you to determine which policy offers you both optimized coverage and affordability. Our relationships with multiple insurance carriers allow us to compare rates and policies to determine which ones offer you the right combination of coverage and price.