Property Insurance
Homeowners • Condo • Renters • Flood • Landlord
The Meredith Family Agency is here to help you find the right Property Insurance coverage for you.
The Meredith Family Agency offers a full range of Property Insurance options, including homeowners, condo, renters, flood and landlord. For these policies, the coverages are customizable except for flood. (The National Flood Program dictates premiums and coverage requirements.)
Homeowners, condo, and landlord policies generally break down into several coverages including dwelling, contents, and liability:
• Dwelling coverage protects the actual physical structure. Deductibles, limits, and certain exclusions apply.
• Contents coverage protects your personal property. If you are not sure if something is covered under dwelling or contents, imagine flipping your dwelling upside down and everything that falls out is part of your contents. Deductibles, limits, and certain exclusions apply.
• Liability coverage protects you in the event someone sustains a loss on or off your property like an injury or property damage.
Renters’ policies are intended to protect your personal property when you are living in an apartment. There is a growing number of landlords requiring that there tenants have this policy. They are annual policies that are quite inexpensive and offer a bundling discount when you have an auto policy with us.
Personal Umbrella Policy (PUP)
Another type of policy that can offer additional protection is the Personal Umbrella Policy or PUP. This policy will protect you in the event your auto or home policies are exhausted in a claim. For example, if you have $500,000 in liability coverage on your homeowners’ policy but someone drowned in your pool, the estate of the deceased person may make a claim for $1,000,000. Your PUP will cover the remaining $500,000. If you have assets and especially own a business, PUPs are important.
Bundle Your Property and Auto Policies To Save Money
There are significant discounts for bundling auto and property.
It is also more convenient to have all policies with one agency.
The Meredith Family Agency can be that agency for you.