Finding the right insurance policy can be difficult, which is why the team at the Consolidated Agency offers a wide range of insurance policies to Rochester, NY, clients, including property insurance, with protections for homeowners who are no longer making payments on their mortgages. This and other products are intended to protect what matters most in life, and owning a home is one of the largest investments a person can make.  

Who Should Get Property Insurance?

While many mortgage contracts stipulate that homeowners must carry some insurance, those who’ve paid off their homes may not have the right level of coverage in place. This is where a property policy comes in; these policies help protect your home even if it’s been paid off in full. Additionally, traditional homeowner’s policies may not cover all damage that can occur to your home. This is especially pertinent to people living in areas prone to flooding or other natural disasters.

What Does It Cover?

In general, property insurance picks up where homeowner’s policies typically leave off. This means fire, wind damage from a hurricane or tornado, damage caused by hail, and even theft can be covered. Other events (such as flooding and earthquakes) can also be covered but usually require purchasing a separate policy.

What Is Liability Coverage?

If you face a lawsuit from someone injured while at your home, liability coverage is key. Liability coverage is also good for coverage damage incurred to other people’s property. Without such coverage in place, you could be footing the bill for repairs, as well as being faced with exorbitant court costs.  

If you’re searching for a property insurance policy in Rochester, New York, Consolidated Agency has the knowledge and experience to lead you in the right direction. Call (585) 467-4110 to receive a personalized insurance quote. You can also use the convenient online contact form to get answers to your most pressing insurance questions.