Homeowners Insurance

Homeowners insurance protects one of your most valuable possessions as well as you, your family and your household possessions.

If you lost your home in a fire or other disaster, or had everything inside damaged or stolen, could you afford to replace it all at once?

If somebody sued you for an injury or damage caused by you or your property, could you cover the cost of defending against that lawsuit, or even worse, losing and having to pay out?

All of these situations are covered by your homeowners policy.

While no one likes to think about fire, theft, and anything else that could happen, it is the reality in which we live.

Your homeowners policy has two basic components. It covers your structures, possessions, and property insurance. It also provides personal liability protection for actions caused by you, your family, or your property.

Having adequate coverage is the most important thing in your homeowners policy. If you do not purchase enough insurance, a loss may not be totally covered. Your Loiselle agent will advise you on how much coverage you should purchase and whether you should add endorsements to your policy for extra coverage or protection of special or valuable items.  We also may look at a policy that increases your coverage limits at the rate of inflation.

One thing homeowners insurance doesn't cover is damage from floods.  For more information, read this very important information about flood insurance.

Another reason you need to carry homeowners insurance is that mortgage lenders require it. No mortgage company will lend the large amounts of money needed to finance homes without requiring an insurance policy to protect that investment.

Renters Insurance

Apartment Insurance, Condo Insurance, Insurance for Renting a House

When you rent an apartment or condo, you could lose all your belongings in a sudden fire or other disaster. This is why you need insurance to cover the value of your possessions. It is important for you to understand that your landlord's insurance only covers the structure, and not your things. Renters insurance also provides liability coverage in case someone is injured in the apartment, house, or condo you rent.