Homeowners Insurance:

Dwelling coverage protects the physical structure of your home.  Insurance companies will come up with a replacement cost for your home to determine how much they calculate it will cost to rebuild in the event of a total loss.  There are several factors that go in to determining the replacement cost such as square footage, construction material, roof age, number of bathrooms, finishes in the home, and many more factors.  The replacement cost of your home can vary from the market value depending on the cost of materials and labor. 

  Other structures coverage protects any structure on your property not attached to your home. structures like detached garages, sheds, and pole barns, would be considered other structures.  The coverage limit for other structures is included in the homeowners policy and is usually 20%.  If additional coverage is needed it can always be added for additional premium.

Personal Property coverage protects the personal items in your home like furniture, electronics, and clothing.  Depending on your insurance company your coverage limit will be 50%-70% of the replacement cost of your home, but more coverage can be added if needed.

Loss of use coverage is there in case your home becomes uninhabitable after a covered loss.  Loss of use coverage can pay for things like lodging while your home is being repaired after a covered loss. Your loss of use coverage limit is typically 30% of the replacement cost of your home.

The Liability coverage on your homeowners policy is there to protect you from a covered financial loss if you are found legally responsible for damaging someones property or injuring someone. Your Liability limit will cover property damage cause by you or your family members, medical bills, court costs, and settlements.  The Bradley Insurance Group is here to help  you pick the appropriate coverage limit to protect you and your assets.

Certain high value items like jewelry, silverware, and fine art will require their own sub limits on your policy.  We typically have two different ways of covering high value items.  We can either schedule each item based on an appraised value or add a blanket coverage amount to cover a group of items like jewelry. We are here to help you decide what coverage is right for you.