Homeowners Insurance Washington MO - what exactly is home owners insurance and is my policy covering my needs. (636) 239-1130
5 things you should know about home owner's insurance and is condo coverage different.
Here is a simple explanation of a policy - what it covers and what is does NOT cover. Then you can check your current policy to see if it makes sense.
Contact Guin Yoest of the Dan Yoest Insurance Agency to find out more (636) 239-1130
Or visit our site at http://yoestins.com
1. Guin Yoest
YoestIns.com
(636) 239-1130
Home Owners InsuranceHome Owners Insurance
Did You Know …Did You Know …
1. Owning a home insurance policy protects not
only your house but expands outside the home
2. Owning a home insurance policy protects
your assets – current and future
3. What can happen that will be covered by
your home insurance policy
4. There are differences in condo owner policies vs
home owner policies
5. What can happen that WON’T be covered by
your home insurance policy
2. Guin Yoest
YoestIns.com
(636) 239-1130
Home Owners InsuranceHome Owners Insurance
1. Coverage outside the home…1. Coverage outside the home…
A. Other Structures (like shed or a detached
garage you have on your property)
B. Your personal belongings: clothes, furniture,
appliances, toys, cookware, pictures, etc…
C. Loss of Use - If something happens to your house (a
bad storm causes enough damage that you have to live
elsewhere), the policy will pay the rent on ANOTHER
house until you can move back into your home.
3. Guin Yoest
YoestIns.com
(636) 239-1130
Home Owners InsuranceHome Owners Insurance
2. Protects Your Assets – Current and Future…2. Protects Your Assets – Current and Future…
A. The liability part of the policy protects you if someone is on your
property and is injured due to some problem that you haven’t
taken care of such as icy sidewalks in the winter
B. Protects you, if you accidentally injure someone of damage
their property while participating in some activity such as hitting
someone with a golf ball while playing golf or causing smoke
damage in a hotel room you’re occupying.
C. pays medical bills, pays for time lost at work and pays to repair
damage you may have caused. The liability part of the policy
protects you if the injured party decides to sue you! The policy
even pays for your lawyer!!
4. Guin Yoest
YoestIns.com
(636) 239-1130
Home Owners InsuranceHome Owners Insurance
3. What can happen that will be covered…3. What can happen that will be covered…
Lots of things…such as fire, windstorm, hail, lightning, explosion, a
vehicle hitting your house, pipes freezing and bursting, vandalism,
burglary or robbery, and much more. A deductible will be applied
to any property damage loss that occurs.
5. Guin Yoest
YoestIns.com
(636) 239-1130
Home Owners InsuranceHome Owners Insurance
4. Difference about a condo owner’s policy…4. Difference about a condo owner’s policy…
A condo policy is different in that it usually DOESN’T cover a house. The
condo building is normally covered by a master policy carried by the
condominium association. Instead, the individual owner’s policy covers
additional or upgraded items the owner of the condominium adds to the
building.
For instance, it could be something simple like an upgraded lighting fixture.
Will the condo owner remove these items should they decide to move so these
items are now a permanent part of the condominium but the owner who
installed them needs to provide coverage for them on their condo policy.
Whatever the changes, the policy refers to them as either “Improvements and
Betterments” or “Additions and Alterations” and they are covered with the same
type of coverage as the building on the homeowner policy is covered.
The policy includes coverage for Other Structures, Personal Belongings
(Contents) and Loss of Use, just like the home owner insurance policy.
6. Guin Yoest
YoestIns.com
(636) 239-1130
Home Owners InsuranceHome Owners Insurance
5. What can happen that WON’T be covered…5. What can happen that WON’T be covered…
A. Your home policy has a list of things that are EXCLUDED from
coverage and some of them you can actually buy special
coverage for. a few things not covered that can be covered
separately: flood, earthquake, losing a piece of jewelry…
B. A few things not covered that you won’t be able to
insure separately: wear and tear to the property,
damage you cause intentionally, damage caused when
the house is left vacant for an extended period of time…
7. Guin Yoest
YoestIns.com
(636) 239-1130
Home Owners InsuranceHome Owners Insurance
Not Sure About Your HomeNot Sure About Your Home
Owners Policy ???Owners Policy ???
Find Out More TODAY…Find Out More TODAY…
10. “ Your office has provided us awesome service. We
started with you with our auto insurance and were so
pleased with our service that we added our home to our
policy. Thanks for the friendly “hometown” feeling and
service! ”
Steph & Dave Pracht
Thank You So Much …Thank You So Much …
Guin Yoest
YoestIns.com
(636) 239-1130