Best Homeowners Insurance Agencies in Trenton

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.
  

• Can your standard homeowners' insurance in Trenton cover your lost wedding ring?

  It depends on the situation. Your standard homeowners' insurance in Trenton can cover your lost wedding ring up to a certain limit. Most of the time, this type of insurance only covers up to $1,500 for pieces of jewelry. However, you may obtain valuable items insurance to have your wedding ring replaced in case it was lost.

• Why do homeowners' insurance rates in Trenton increase?

  Homeowners' insurance rates in Trenton increase because of the high costs of building materials, including lumber or concrete. Because of expensive materials and labor costs, homeowners' insurance rates also get higher. If the area is prone to natural disasters, such as tornadoes, hurricanes, and thunderstorms, insurance rates will most likely increase.

• In Trenton, is hazard insurance the same as homeowners' insurance?

  No. Hazard insurance is only part of a homeowners' insurance policy in Trenton. It is also referred to as dwelling coverage, and it protects policyholders from financial losses if their homes are damaged by natural disasters. The flooring, roof, built-in appliances, and plumbing systems are all covered by homeowners insurance. It also covers liability and additional living expenses.

• Is your Trenton homeowners' insurance going to cover you if a tree falls on your car due to a tornado?

  No, you cannot file an insurance claim because a tornado caused a tree to fall on your car. In Trenton, cars are not considered personal property and are not covered by your homeowners' insurance. You need separate auto insurance to cover the costs of fixing or replacing your damaged car.

• What are the benefits of bundling homeowners' and auto insurance in Trenton?

  In Trenton, bundling your homeowners' and auto insurance helps you avoid coverage gaps. You can also save time if you purchase policies from one insurance company. You do not have to provide your information again and again. When you want to cancel one of your policies, it is okay because they are still separate contracts.

• 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.