If you own expensive property and assets in or near Manchester, NH, you’ll want to make sure you have insurance coverage that will protect your wealth in the event of an unfortunate incident. Umbrella insurance and high-value home insurance both offer great protection, but each is designed to cover different situations.
High-Value Home Insurance
High-value home insurance has higher property coverage limits than a regular home insurance policy. If your home is damaged by a covered peril, your policy will cover the cost of the expensive building materials originally used in the home’s construction. High-value home insurance can also cover expensive items in the home, such as jewelry, paintings, and antiques. And it can provide full replacement coverage for appliances, furnishings, and other personal items.
Umbrella Insurance
Umbrella insurance doesn’t take the place of a homeowners insurance policy. Instead, it increases the policy’s liability limit to ensure you have enough coverage if you are at fault for causing bodily injury or property damage. This type of coverage can be a good option if you host large gatherings or various house guests. Umbrella coverage provides compensation for third-party medical bills, settlements/judgments, and legal costs.
Contact AS Insurance Agency To Find out Which Policy Is Right for You
If you own an expensive property, chances are you’ll want both high-value home insurance and umbrella insurance. However, each situation is different and getting personalized, expert advice can save you a lot of time and hassle. At AS Insurance Agency, we take pride in helping Manchester, NH, homeowners pick the best policy or policy bundle for their situation. Call for more information or price quotes.
