Oregon Home Insurance
Oregon may be on of the most diverse states to live in. No matter what part you live in, Oregon is a great place to call home. Oregon Home Insurance is one of the very first forms of protection an Oregon resident can get. Most lenders will require that you have an Oregon Homeowners Insurance Policy as part of their contract when buying a home. Insurance for your Oregon Home doesn't just protect the actual dwelling, it can help protect the contents, your personal property and give you some liability coverage as well. An Oregon Home Insurance plan is one of the basic necessities that homeowner's need.
What To Know About Oregon Homeowners Insurance
There are a lot of people that may not understand the details of an Oregon Property Insurance Policy, but they do know they have to have it in order to get a loan. Some of the things you should know:
- Replacement Cost - The replacement cost on a home is the cost to rebuild it, not the market value. This is the level to which your home should be insured to.
- Personal Property - The amount of property you have inside the home, basically if you took the top off your home turned it upside down everything that would fall out is your personal property or contents. You can also list any specific items like collections, artwork, jewelry or anything of high value in your personal property. This also covers your personal property while away from your home, like in your car if someone was to break your window an steal your belongings.
- Liability - Your coverage for any damage you may cause to someone else, or damage someone may incur while on your property.
- Loss of Use - This is the amount that your Homeowners Insurance will pay you if are unable to live in your home after a disaster. This would cover a hotel or rental and other living expenses until your home is repaired.
All of these elements of an Oregon Property Insurance protection package are there to protect you, your investment and your property. The limits of each are listed on your policy or quote forms, so make sure you have the desired protection when looking at you Oregon Homeowners Insurance.
Monte Johnson Insurance Services Inc: Your Insurance Specialists
At Monte Johnson Insurance Services Inc., our friendly and experienced agents are ready to help you assess your needs and protect you against risk with an affordable Oregon Property Insurance policy.
Get started today! Give us a call or simply fill out the Protection Savings Form on this page right now to get started.