Homeowner Insurance Basics

Insuring the Home (Coverage A and B)

The price you paid for the home isn’t always the amount that you would chose to insure it for. Our Agents have the knowledge and experience to help determine the protection you need for one of the most important investments in your life.

Dwelling coverage can also be extended to other structures (Coverage B). Coverage B protects an insured’s structures which are separated from the dwelling by a clear space. It also covers structures like a detached garage, storage unit, fence, gazebo… (there are exceptions to renters and condominium policies). Today the majority of companies will EXCLUDE your pool cage unless it is specifically requested. As your agent, if we see that you have a screen enclosure or pool cage, it is our policy to recommend a company that we know will cover it. During Hurricane Charley and Wilma, pool cages were our second most common claim behind roof damage.

Insuring Your Personal Property (Coverage C)

Furniture, computers, and other electronics are expensive investments. We take the time to give you the peace of mind that everything you own is adequately insured.

Liability Insurance (Coverage E)

Accidents happen and unfortunately when they do, lawsuits can happen as well. Liability Coverage helps protect you against the financial risk arising from injury or property damage that you or your family may cause to other people – on or away from your property. It can even help provide for legal defense expenses for your day in court. At Ted Todd Insurance, we will help you determine the amount of liability coverage that is needed to protect your financial well being in such an unfortunate event. We also recommend a Personal Umbrella Policy that can extend your protection to higher amounts and additional accidents.

Medical Coverage (Coverage F)

Guest medical coverage on your homeowner’s policy can reimburse guests for the medical expenses they incur as a result of an accident on your property. These expenses can include emergency room visits, ambulance, medical and surgical. Please talk with one of our agents to learn more about this valuable coverage.