Anyone who owns a home is required to have homeowner’s insurance. These policies provide coverage for many types of losses that may be incurred, including natural disasters, accidents, or theft.
Homeowner’s insurance policies can encompass a variety of coverages, including replacement cost – the total cost of replacing the dwelling in the event of a total loss – as well as reimbursement for the loss or damage of personal property or contents in the home. Most policies provide coverage for items such as appliances, furniture, and electronics.
What is an Endorsement?
Some homeowner‘s insurance policies may also contain endorsements. These are additions to policies that may be used for providing additional coverage without having to write an entirely new policy. For example, an endorsement may be used to provide coverage for items or additions to the home that aren’t covered under the standard policy. How an endorsement is structured and worded can differ depending on what is actually being covered. Using them is often referred to as “scheduling” personal property on a homeowner’s insurance policy.
Homeowner’s Insurance in Florida
For residents of Florida, it is important that you purchase your homeowner’s insurance from a reputable company based in the state. While coverage may be obtained via online insurance carriers, due to the potential for natural disasters such as hurricanes, it is best to speak with a representative who is well versed in how Florida-specific homeowner’s insurance policies operate. Homeowner’s insurance coverage can span a wide variety of needs, which can be based on the size and location of your home, as well as the type of construction and other structural features.
At Romero Insurance and Financial Services, we are independent agents with a strong base here in Tampa Bay. This means we are not tied to one particular property and casualty insurance company or product, and we can provide you with information on the type of policies that will truly best fit your specific needs.