To protect your future you need to protect your present. Homeowner’s insurance is there to make sure that your home is covered in cases of theft, fire, storms and vandalism because when the unexpected happens you don’t want to be left holding the bill. It is always good to have a safety net. Your home protects you from the elements, keeps your family warm and is the place where many of your most cherished memories are made. Harris Monti & McLaughlin Insurance is here to help the homeowners and home buyers of New York find the coverage that works with their budget and lifestyle.
Homeowner’s insurance: what you need to know
There are a number of factors that insurance providers consider when prescribing an insurance package.
First there is the age of your home. Depending on how old the components of your home are your insurance rate will be higher or lower. This is because old equipment has more potential to be hazardous. For instance, old pipes are more likely to crack and older electrical systems have a higher chance to malfunction.
Another factor is the heating system you use. Forced air furnaces or electric heat pose less of a risk than oil heating but the age and condition of your tank is also important to make an assessment. Wood stoves offer many benefits to a home but also bring in potential danger such as fires and carbon monoxide poisoning so wood stoves increase coverage costs.
Of course, certain areas are safer than others so where you live is also a determining factor. Insurers keep track of policies by area and if you live in an area where there are frequent claims made then your insurance will need to reflect that.
Contact Harris Monti & McLaughlin Insurance today
If you have questions about homeowners insurance or would like a competitive quote, please do not hesitate to contact us at 845-794-7050. We can set you up with an insurance policy that works in conjunction with your current policy and specific needs.