Being well-informed when you buy home insurance helps you to meet your coverage needs properly. Homeowners in Silver Spring, MD can purchase home insurance from Renee Oliver Insurance Agency Inc.

The following are four things you might not know about home insurance:

Home insurance policies can cover policyholders for "loss of use" expenses. 

If you need to file a claim on your home insurance policy, your home might be badly damaged. In this case, you might not be able to safely live in your home until it is repaired.

Fortunately, home insurance can offer "loss of use" coverage so that the costs of paying for temporary lodgings while your vehicle is repaired will be covered. 

It’s a good idea to take an inventory of the value of your belongings in your home when you buy home insurance.

You need to make sure that your home insurance policy insures you for the full value of your belongings in your home. That’s why you should take an inventory of your belongings and calculate the value of your insured items. You can then specify how much coverage you want to purchase for belongings in your home.

You can choose from a few deductible options when you buy home insurance. 

Homeowners typically have the freedom to choose from a few different deductible amounts depending on how much they want to spend on premiums and on any claims that they must file down the road. 

Flood and earthquake insurance policies are typically bought separately. 

If you want to be covered for floods and earthquakes, you’ll need to purchase flood and earthquake insurance policies. 

We Are Here To Help!

Learn more about home insurance in Silver Spring, MD by getting in touch with us at Renee Oliver Insurance Agency Inc. We are here to provide you with coverage that protects your property and your finances. We’ll be happy to help you by providing you with a policy quote when you get in touch with us.