Homeowners insurance is not required by law in New Hampshire, Maine, or Vermont, but if you need bank financing to purchase a home, you will be compelled to buy indemnification. Additionally, you will need to maintain this coverage until your balance is paid.
Your homeowner's insurance is a valuable investment for protecting the structures that reside on your property, including sheds, outbuildings, and barns. Your Gateway Property & Casualty representative can provide additional information in this regard.
Your edifices and home may be damaged from falling tree branches, ice during storms, or lightning. High winds can also wreak havoc, and so can fire. Electrical surges can reduce your home to ashes, and less powerful wiring malfunctions can destroy appliances and other electronics.
When you entertain guests, and someone is injured, you can be responsible for medical bills or paying lost wages. You can also be sued for expenses incurred.
Homeowners insurance can also help you should your home become temporarily uninhabitable by a covered peril. It may also extend to the property of visitors when they are affected. Pests, mold, or insects can also be covered hazards.
A leaky roof can create a situation where your clothes, electronics, or furniture are rendered useless. Your home inventory should detail a thorough list of all the items you own. Be sure to include their purchase price, receipts, and, if possible, a video showing all angles and current condition. If you have particularly rare possessions, you may want to purchase additional insurance to protect these valuables.
We specialize in providing tailored insurance products to our clients in Maine, New Hampshire, and Vermont, and we invite you to stop by the office to discuss further details. In addition, you can browse our website and use our free rating tool to obtain a quote on your homeowners and automobile insurance.
