Need Renter’s or Homeowner’s Insurance?
Your home and its contents are your largest asset; so protect your home and personal property with the right home insurance coverage. We have agents available to answer your questions and help you select the lowest cost coverage that properly protects all the you have worked so hard to build.
Get a comprehensive homeowner’s insurance quote today:
- Fire and Lightening
- Windstorm and Hail
- Home Computer and Electronics
- Identity Theft/Fraud
- Smoke Damage
- Damage from Water Back-up
- Accidental overflow from plumbing
- Accidental electrical damage to appliances
Request a home insurance quote to get the coverage you need at the lowest rates.
Phone Urban at 800-680-0707
What is homeowner’s insurance?
Homeowners insurance, protects you against the costs associated with repairing or replacing your home. Few of us can afford to buy our residence in cash, and banks only are willing to provide mortgages based on the value of your home acting as collateral; but if something happens to your home and you have no insurance – it’s unlikely you will be able to repay the bank. As a result, proof of “Home insurance” will be a requirement of getting a mortgage. Even if you do own your home, it is unlikely that you would wish to have such a large investment unprotected. Homeowners policies covers you for losses to your home as well as your property contained inside. Homeowners policies also contains coverage for Other Structures, such as a garage or shed. Additionally, a policy will pay cost associated with “Loss of Use” while your unable to live in your home.
Homeowners coverage also protects you against liability losses, such as someone slipping, or other injuries on your property.
Why you need renters insurance?
Renters insurance protects your possessions. Just as disaster can strike one’s house, those same disasters can cost you all of the things you worked so hard to acquire. Walk around your apartment with a calculator, and see just how quick the cost of replacing the contents will add-up. Just as with Homeowners, a renters policy will cover costs the come from the “Loss of Use” while your unable to live in your apartment.
A renter’s policy will also protects you against liability losses, resulting from injuries on your property.
How does condo insurance differ from Renter’s?
A condo can be thought as being half way between a single family home and an apartment. While in a condo you are not responsible to replace the exterior walls, as you are in a home; you are responsible for rebuilding cost to your unit from the dry-wall inward. That means it is your own policy that must pay the cost to replace kitchen cabinets, appliances, fixtures, trim and much more. It is this reason that Condo Insurance differs from Renter’s insurance; the policy covers for the losses connected with renter’s but also goes further, and again is a requirement of obtaining financing on your unit.
What Does Homeowners Insurance Cover?
At Urban, we can provide insurance that meets your special needs; but our most common policies typically provide:
- Broad coverage for damage done to your home as well as permanent structures that are part of your property.
- Damage to, or thief of your personal property (Contents)to the limits you selected,and terms specified in your policy.
We can provide coverage that pays full replacement cost, rather than simply the used value.
- Personal Liability Insurance to protect you in the event someone is hurt on your property. This coverage will pay to defend you in court, and if you are found to be responsible, will cover the resulting damages.