Every house insurance policy that we write here at Vargas and Vargas Insurance Agency is unique, just as each of our customer’s homes is unique. When we create a home insurance policy, we include all of the typical coverage types, such as protection for the home’s structure, coverage for personal possessions in the house, and liability protection.
Based on the particular needs of the home and its owner, though, we may also recommend that other supplemental policies be added to the house insurance policy. These additional policies could include the following:
Protection for Valuables
A typical home insurance policy will cover most of the possessions that you keep in your home. However, you should make it a point to mention to your insurance agent if you have anything of particular value that may need additional protection. This typically includes items like jewelry, antiques and collections, and sometimes can consist of other valuables like musical instruments or valuable sports equipment.
Flood Insurance
If you want to protect your home in case of flood, you need to ask your insurance agent about adding a Flood Insurance policy to your house insurance. Flood insurance typically includes protection against damage due to heavy and lengthy rainfall, storm surge, blocked storm drainage systems, damaging snow melts, and more. Depending on the location of your home, you will need either a standard flood insurance policy or a preferred risk flood insurance policy.
Earthquake Coverage
Is your home protected against damage done by an earthquake? While it seems that earthquake protection belongs more in California, you may be surprised by the Seismic Hazard Map of Massachusetts. It states that Boston and surrounding areas have a 14-20% chance of having an earthquake in the next 50 years. Altogether, earthquake protection is very affordable, so ask your insurance agent about whether or not you should include it in your home insurance policy.
Umbrella Insurance
A typical home insurance policy only includes liability protection for bodily injury and property damage done to others. If you would like to extend this protection, you can do so with an umbrella insurance policy rider on your insurance policies. With this type of umbrella policy, you can typically get lots of coverage for a small price, making it well worth the cost. Get a free quote today!
Animal Liability Protection
If you have a pet in your household, you may want to consider purchasing some extra liability protection for incidents involving the pet. Most often, this will be for dogs that could potentially harm someone while out and about, but can also cover injuries due to any other pet, including cats, birds, and more. Just remember, even the sweetest pet can cause harm when provoked – don’t assume that your pet is so good that it will never cause harm to others.
If you would like to speak with an insurance professional about adding a supplemental policy to your Massachusetts house insurance, all you need to do is call Vargas and Vargas Insurance Agency at 617-298-0655. We will review your current policy and see if there are gaps that you need to fill so that you have complete financial protection for one of your most valuable assets. We can also help with car insurance, business insurance, and more!
