What Is Covered And Not Covered By Home Insurance?

Purchasing a new home is one of life’s significant decision-making moments. It’s probably your most substantial investment, so it’s crucial to ensure that it’s fully protected and properly covered. In this blog post, we’ll explore what standard homeowners insurance covers and what it doesn’t.

What doesn’t Home Insurance Cover?

A typical home insurance policy provides coverage for various elements, including:

  • Your home’s structure: If your home is damaged or destroyed by a storm, fire, or other unplanned events, your home insurance likely steps in to cover it. Structures on your property, such as a garage, tool shed, and gazebo, are usually covered too.
  • Personal belongings: Your home insurance should also cover your personal items, such as furniture, clothing, electronics, and other possessions. Additional endorsements may be necessary for valuable items.
  • Liability coverage: Your homeowners’ policy also shields you against lawsuits associated with property damage or bodily injury that you, as the policyholder, cause to others.

What Coverage Doesn’t  HomeInsurance Provide?

Please note that your home insurance policy will probably not cover certain things. Here are a few you should be aware of:

  • Business assets and equipment
  • Valuable and antique items, unless added to your policy via a special endorsement
  • Identity theft, though some home insurance policies do cover this, it’s not essential
  • Damage resulting from floods typically requires a separate policy

Before purchasing home insurance, inquire about what your policy will and will not cover. Remember, coverage can depend on several factors, including your location, home type, and more.

If you’re looking for comprehensive home insurance in Deerfield Beach, FL, don’t hesitate to contact Deboo Insurance Agency Inc. Our professionals are ready to assist clients in Deerfield Beach, FL, and other nearby towns in Florida. Give us a call today so we can get your home covered tomorrow.

Buying Your First House? Here’s What to Know About Getting Homeowners Insurance

When buying a home, there’s a lot to think about. Getting homeowners insurance is just one of the many things you’ll need to do before signing those loan papers. At Deboo Insurance Agency Inc., we provide homeowners insurance for customers in the Deerfield Beach, FL area. If you’ve never owned a home before, this is what you’ll need to know about buying homeowners insurance before buying your house. 

Homeowners insurance is required if you’re getting a mortgage.

Mortgage lenders require homeowners insurance to protect their investments while waiting for you to repay your loan. Once you’ve paid back the loan on your house, you may decide not to have insurance anymore – although you will probably want the security that comes from homeowners insurance.  

You’ll enjoy peace of mind.

Homeowners insurance brings you peace of mind, which you’ll discover the first time a big storm blows through your community or the first time that something goes wrong with your home’s electrical system. You won’t have to worry about whether you can afford to repair your home because your insurance company will repair your home when covered events occur. 

You’ll protect your investment.

Your home is a great investment. If something were to happen to it, you would lose a great deal of money. With homeowners insurance, you’ll be able to protect your investment and avoid loss of money when a covered event occurs. 

Want to know more about homeowners insurance in and around Deerfield Beach, FL? Call Deboo Insurance Agency Inc. Our knowledgeable insurance agents can help you get the insurance you need to protect your home.

How to Know if You Have Enough Home Insurance

You know home insurance is essential, but you may not know if you have enough coverage. We offer homeowner’s insurance policies at Deboo Insurance Agency Inc. in Deerfield Beach, FL.

Dwelling or Structures Coverage

The first component of your homeowner’s policy is dwelling or structure coverage. Structures include the structure of your home, including your floors, walls, roof, and built-in appliances. It also covers any other buildings on your property. 

Your dwelling coverage should be enough to rebuild your home or purchase a similar home. This considers the cost of building a home in the area and the size of your home. 

You may need to update this coverage if you’ve remodeled or added to your home. 

Personal Property Coverage 

Personal property coverage covers your property and belongings. This includes larger items like your furniture and electronic devices and smaller items like clothing and bedding. 

Personal property coverage can be adjusted based on your needs. If you have items that are very valuable, like art or fine jewelry, you may need a separate rider for these items. 

Liability Coverage 

The last type of coverage you’ll need to consider is liability coverage. If someone is injured on your property, liability coverage will cover the legal and medical expenses. 

You may need extra liability coverage if you are at a higher liability risk. Pools and some pets can increase your risk. Your insurance provider can discuss your risk and help you be sure you have enough coverage. 

Homeowner’s Insurance at Deboo Insurance Agency Inc.

If you need homeowner’s insurance, or you are wondering if you need a new policy in Deerfield Beach, FL, contact us at Deboo Insurance Agency Inc. Our knowledgeable agents will discuss your insurance needs and help you select the best policy for your needs. 

Four Reasons to Increase Your Home Insurance Coverage this year!

At Deboo Insurance Agency Inc., countless homeowners benefit from increased coverage. While saving a few dollars by opting for the minimum coverage might be tempting, there are several good reasons to consider increasing your protection this year. Here are four of the most compelling arguments.

1. Protect Your Growing Investment

Property values in Deerfield Beach, FL have steadily increased over the past few years. As a result, your home may now be worth significantly more than when you first purchased it. To ensure that your investment is protected, it’s crucial to reevaluate your coverage and adjust it accordingly.

2. Prepare for the Unexpected

Natural disasters such as hurricanes, floods, and fires can strike without warning. Even if you’ve been fortunate enough not to experience any of these events in the past, there’s no guarantee that you’ll continue to be so lucky. Increasing your home insurance coverage ensures you’re prepared for whatever nature is planning.

3. Safeguard Your Belongings

In addition to protecting your home’s structure, your insurance policy covers the contents. Updating your coverage to reflect those changes is essential if you’ve acquired new valuables or upgraded your belongings since you first took out your policy. Doing so lets you know that your cherished possessions will be replaced if damaged or stolen.

4. Enjoy Added Liability Protection

Accidents happen! You could be liable for medical expenses and other damages if someone is injured on your property. By increasing your home insurance coverage, you can ensure adequate liability protection. This added coverage can be particularly beneficial if you have a swimming pool, trampoline, or other features that could pose a risk to visitors.

Want to make sure you’re protected? Contact Deboo Insurance Agency Inc. We’re committed to helping our clients in Deerfield Beach, FL find the perfect policy to meet their needs.

Four things you should know about home insurance

Buying a house, especially your first home, is always exciting and stressful. Before you buy your home, there are some things you need to know, including whether you need insurance and what types of coverage are available.

You need home insurance if you have a mortgage.

The top thing on your mind might be whether you are required to have home insurance. Most states do not require home insurance, but if you have a mortgage, your lender will most likely require home insurance.

Not all policies are created equal.

You might be surprised at how many people think all home insurance policies are the same. This is not necessarily true. There are many options to choose from and different coverage types that you can have or do without. Some insurance companies include certain coverage types that other companies do not cover. You have to shop around to find the right insurance policy for your needs.

There are some things home insurance will not cover.

Although most policies cover lots of things, there are some things that home insurance does not cover. Hail storms, flooding, maintenance, and earthquakes are some of the most common things home insurance doesn’t cover.

What types of coverage are available?

While home insurance has a variety of things that aren’t covered, most basic home insurance policies cover the following:

  • Dwelling coverage
  • loss of use
  • Other structures
  • Bodily injury and property damage liability
  • Personal belongings

Contact Deboo Insurance Agency Inc.

Most lenders require home insurance. If you are in the market for home insurance, stop in or contact us at Deboo Insurance Agency Inc. in Deerfield Beach, FL.

How Home Insurance Protects You

It’s exciting when you buy a home, but there’s a lot to do. The first thing we recommend you do is purchase insurance for your new home. Your mortgage lender probably told you they require this insurance to be in place when you buy your home. It’s good to set it up even before your closing appointment begins. When you need home insurance, you can call us at Deboo Insurance Agency Inc. in Deerfield Beach, FL.

Protection for Your Home

One of the many types of protection in a home insurance policy is protection for the house. This coverage will go over what kinds of damaging events it will cover you against and which types it won’t. It will cover various events, such as accidents and specific types of disasters. If you don’t have home insurance and your home becomes damaged by one of the covered events, you would be on your own to pay for all the damages and repairs. With home insurance, those repairs will be paid for. 

Protection for Your Things

You have a lot of belongings in your house, and your home insurance covers those as well. When added up, your things have an enormous value, which needs to be protected with a home insurance policy. Damaging events can also destroy your possessions, and your policy will pay for replacing them. Without this coverage, life could be very difficult when you have to pay for everything out of your own pocket. 

Get the Protection of Home Insurance

If you’re buying a home or want to change insurance companies, you need a home insurance policy. Call us at Deboo Insurance Agency Inc. in Deerfield Beach, FL.

Why You Need Home Insurance

Buying a home is an exciting time. There is a lot to do and a lot of business to take care of. During this busy time, don’t forget that you need a home insurance policy to protect yourself. Home insurance includes coverage against a wide range of potential risks to your home. It protects you in several ways, and it’s never a good idea to be without it. When you need this vital protection, call us at Deboo Insurance Agency Inc. in Deerfield Beach, FL to get started with a policy.

It Protects Your Home

As your most significant investment, you need protection for your home. If a serious event were to damage your home, you could be out enormous money to get the repairs made. That’s why home insurance is essential. It pays for those repairs so you can get them done without ruining your finances or waiting to get them done. 

It Protects Your Belongings

Your possessions are also protected with this insurance policy. Everything in the home is covered when you have this insurance. If something destroyed what you own, the policy would pay for those items to replace them. Without home insurance, this would cost a prohibitively large amount. Even if you don’t think you need coverage for your things, it’s essential to have it. You may be underestimating just what all of your possessions are worth. 

Get Covered by Home Insurance

If you need home insurance, don’t put it off. Getting it as soon as possible is important, so you aren’t left without protection. To get your coverage, call us at Deboo Insurance Agency Inc. in Deerfield Beach, FL, and we can help. 

Does My Home Insurance Cover My Art Collection in Deerfield Beach, FL?

If you’re a homeowner in Deerfield Beach, FL, it’s essential to know what your home insurance policy covers. Many assume that their home insurance will cover everything in their home, but that’s not always the case. It’s essential to read your policy carefully and understand what isn’t covered.

Homeowners For Art Lovers

One thing that isn’t always covered by home insurance policies is art collections. If you have an extensive or expensive art collection, you may need to purchase a separate policy to insure it.

If you’re unsure whether your home insurance policy covers your art collection, the best thing to do is ask your agent at Deboo Insurance Agency Inc. We can help you understand your policy and ensure you’re adequately covered.

What Belongings Require Extra Insurance?

Any valuable not used for everyday purposes will probably require extra insurance. This includes things like:

  • Art collections
  • Jewelry
  • Furs
  • silverware
  • antiques

If you have any of these things, it’s good to talk to your insurance agent about them. We can help you determine if they’re covered by your policy and, if not, how to insure them properly.

Can a Single Policy Cover My Art and Jewelry?

Yes, purchasing a single policy covering your art collection and your other valuables is possible. This is called a personal articles policy.

Personal articles’ policies cover high-value items that aren’t used for everyday purposes. So, a personal articles policy can cover both if you have an expensive art collection and valuable jewelry.

These policies are typically pretty affordable and give you peace of mind knowing your valuables are adequately protected.

If you’re unsure whether your home insurance policy covers your art collection or other valuables, contact Deboo Insurance Agency Inc. We can help you understand your policy and ensure you’re adequately protected.

Home Insurance: One of Your Top 3 Investments

When most people think about investments, they are not necessarily thinking about their homeowner’s insurance. Home insurance is one of the top 3 investments, though. At Deboo Insurance Agency Inc., serving Deerfield Beach, FL, and the surrounding areas, our goal is to properly educate you on insurance products and how they can serve you as investment options. Keep reading to learn more. 

Why Is Home Insurance An Important Investment?

Although home insurance is not a traditional investment like savings accounts or retirement programs, it is a meaningful way you can protect your financial security in the future. Your home will be one of your most significant purchases during your life. Your home will serve you for many years by providing you with a place to live and a home base for you and your family. This gives your house both financial and emotional value. 

Home insurance is the best way to protect the money you invested into your home, and it also provides a way to protect your peace of mind. 

How Much Home Insurance Should Be Purchased?

The amount of home insurance that should be purchased will depend highly on your particular family and the type of house you have. A basic amount of insurance will be recommended that will cover the cost of replacing your home should it be lost. However, this amount does not cover the value of your personal belongings or any improvements you may have made to the house. If you upgraded the house in specific ways, you may want to discuss insurance coverage amounts that would consider this. 

If you would like to learn more about our insurance products, don’t hesitate to contact us at Deboo Insurance Agency Inc., serving Deerfield Beach, FL, and the surrounding areas. 

When Should I Update My Home Insurance Policy?

If you are like many Deerfield Beach, FL homeowners, you have probably researched for a suitable home insurance policy to protect your home.  Because putting up your home is time and resource-intensive, you need a policy that protects your investment optimally

Purchasing home insurance is one thing, but have you thought about updating your home insurance?  Just like other coverages, home insurance isn’t a policy you buy and forget. Deboo Insurance Agency Inc. advises you to update your policy every year, but you should talk to your insurance agent immediately if the below happens.

Significant renovations

Have you carried out a significant renovation that will affect the value of your home? You need to update your home insurance policy. Because of your renovations, your home is now more expensive to rebuild, and this should be reflected in your home insurance policy. This way, you won’t incur any out-of-pocket expenses (other than deductibles) if your home is damaged.

Home-based business

If you are like many people carrying out their businesses from their homes, you need to update your home insurance. Since typical home insurance doesn’t cover business-related liabilities, you should consider a “home-based business add-on” to protect your business.

Addition of a pet

If you have added a dangerous pet that can bite, you need to update your home insurance. Suppose you have brought home a pet that can inflict injuries. In that case, it means the likelihood of liability claims is high, and that is why you need higher liability coverage from your home insurance.

Buying or selling personal assets

Your home insurance covers items like electronics, clothing, jewelry, and so on. Should there be any additions or disposals, update your home insurance policy to ensure it covers items in your possession.

Buy home insurance today in Deerfield Beach, FL!

Are you looking for a competitive home insurance quote? Would you mind looking no further than Deboo Insurance Agency Inc?