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When you’re looking for homeowners insurance, M&K Dignum Insurance Agency Inc. can help. Finding the right homeowners’ insurance policy is essential for providing adequate coverage for your home. As a resident of Albany, NY, here are the homeowners’ insurance options you need to know about.

Factors You Need to Consider When Choosing Homeowners Insurance

There are different factors you need to consider when you’re thinking about insurance for your home, such as the size of your home and the type of home you’re insuring.

Included Coverage Options in A Homeowners Insurance Policy

There are different coverage options included in this policy:

• Dwelling insurance
• Possessions insurance
• Liability insurance
• Loss of use insurance

Dwelling insurance is coverage that helps you repair your home when it’s damaged. Possessions insurance makes sure your personal belongings, such as electronics, clothes, and furniture, are insured if they are damaged. Liability insurance helps cover the cost of third-party property damage and injuries caused by negligence or mistakes. Loss of use insurance helps you cover the cost of hotel bills when your home is severely damaged and uninhabitable, causing you to be temporarily displaced.

Specialty Homeowners Insurance Coverage Options

Standard homeowners insurance options give you the ability to choose different enhanced coverage. This enhanced coverage can include:

• Scheduled items riders
• Secure backup coverage
• Equipment breakdown endorsements
• Medical payments insurance
• Detached structure coverage

These specialty homeowners insurance coverage options are not required to be added to your initial homeowners’ insurance policy.

 Here at M&K Dignum Insurance Agency Inc., we are here to help you with your homeowners’ insurance needs in Albany, NY as well as commercial and auto insurance. Contact us today to learn more about our insurance services. We look forward to helping you!

Owning a home is an investment. Home insurance helps protect what you value most.

Home insurance grants safety, security, and peace of mind. But, there are also very real, tangible benefits.

M&K Dignum Insurance Agency Inc. can help. Serving Albany, NY, their professional agents share four ways home insurance policies provide the necessary protection.

Protects property

Unsurprisingly, home insurance protects your primary dwelling. In fact, this is the biggest benefit of home insurance. If damage does occur, these policies can reimburse for any needed replacements or repairs. This protection extends to other areas of your property too. Detached garages, sheds, fences, and decks could all be covered.

Covers possessions

The contents inside the home are protected too. Personal property coverage may pay for any belongings that are damaged, destroyed, or stolen. Policy limits vary greatly, so it’s important to take an inventory of your possessions when finding the right coverage. Appliances, furniture, electronics, and other valuables are likely covered.

Provides liability protection

Nearly any insurance plan will include liability. If you are determined to be legally responsible for an accident on your property, liability protection kicks in. While your repair costs are already covered, these plans may also reimburse legal fees and medical bills that were incurred as a result of this incident.

Offers loss of use protection

Unexpected disasters are unavoidable. If a storm or other catastrophe forces you to temporarily relocate, your policy may pay for additional living expenses. This includes food, lodging, and any increased travel costs.

Contact M&K Dignum Insurance Agency Inc.

Serving Albany, NY, the agency can set up a personalized home insurance policy that keeps you and your family protected. Access to all the benefits of home insurance is only a phone call away. Schedule an appointment today.