Best Homeowners Insurance Agencies in Overland Park

Frequently Asked Questions

• Introduction

  Homeowners' insurance is a type of property insurance used by private property owners to protect their home and property from a range of risks and liabilities. It is also called home insurance.
  

  
  

  All homeowners' insurance policies cover the primary home on a property, meaning that most damage from weather, accidents, vandalism, and other events will be at least partially paid for by the insurance company. Many policies also include coverage for other structures, personal property, and some premises liability.

  
  

  It is not required by law that a homeowner purchases insurance for their property. However, if you have a mortgage, the lender will usually make purchasing a homeowners' policy a mandatory part of the loan process. Since the mortgage lender is essentially selling you the home, they require you to protect the investment.
  

• What information is contained on the declaration page of a homeowners insurance in Overland Park?

  On the declaration page of a homeowner's insurance policy in Overland Park, you will find the insured's name, information about the insured's home, and the policy number. It also contains the types of coverage included in the policy and the start and end dates for each coverage. A declaration page will also show the insured's monthly or yearly premium as well as any coverage limits, deductibles, reductions, endorsements, and add-ons.

• What is excluded from the dwelling coverage of homeowners insurance in Overland Park?

  Damage brought on by a flood is not included in the dwelling coverage on homeowner's insurance in Overland Park. For this need, a separate flood insurance policy must be purchased. The coverage also excludes losses brought on by earthquakes or sewage backups. Additionally, structures such as an above-ground pool, a shed, a detached garage, and fences are typically not covered as well.

• Are liability costs from dog bites covered by homeowners insurance?

  Yes. Liability costs from dog bites are normally covered by your homeowner's insurance in Overland Park up to the limitations of the policy. The medical payments section of your insurance plan might also assist in paying for the costs related to an individual's injuries. However, coverage could vary, depending on your dog's breed or whether they have a history of biting.

• Is there a homeowner's insurance discount available in Overland Park for newly constructed homes?

  Yes. You might get a homeowners insurance discount in Overland Park if you recently constructed the house or purchased it within the last 12 months. In addition, installing a home security system can earn you discounts. You can also get discounts by bundling your homeowner's insurance with another policy, selecting a higher deductible, enrolling in paperless billing, and paying your policy in full.

• Does returning a settlement from an insurance claim lower your Overland Park home insurance rates?

  No. Returning an insurance claim settlement or a portion of a payout will not help you get your homeowner's insurance premium back to its previous cost. The number of claims and their total payout determine your premiums. The claim remains on your insurance record in Overland Park even if you refund some of the money.

• What determines the price of homeowners insurance premium?

  The premium, or monthly cost, of your homeowners' insurance policy depends on several factors, including the value of your home and amount of coverage you choose. Your credit history and whether the property is in a higher risk area also play a role.