Frequently Asked Questions
What does a standard homeowner insurance policy cover?
A standard policy typically covers your home’s structure, personal belongings, liability, and additional living expenses if your home becomes uninhabitable.
What types of perils are covered by my policy?
Common perils include fire, theft, windstorms, hail, and vandalism. Make sure to review your policy to understand the specific perils it covers.
How much coverage do I need for my home’s structure?
Your coverage should equal the cost to rebuild your home, not the market value. Consult with your insurance agent to determine the appropriate coverage amount.
What is liability coverage, and how much do I need?
Liability coverage protects you if someone is injured on your property or if you cause damage to someone else’s property. Consider your assets and potential risks to determine the appropriate coverage amount.
Do I need separate coverage for valuable items like jewelry or artwork?
Standard policies have limited coverage for valuable items. You may need a personal article floater or endorsement for adequate protection.
What is a deductible, and how does it affect my premium?
The deductible is the amount you pay out-of-pocket before your insurance kicks in. A higher deductible typically results in a lower premium, but consider your financial situation when choosing a deductible.
About WA Insurance Group:
At WA Insurance Group (WAIG), we’re dedicated to providing our clients with the insurance they deserve. Our expert team is committed to helping you find the right coverage, at a reasonable rate, while delivering exceptional service and education to help you understand your insurance options.
