Owning a home is a major accomplishment, and insurance can protect your financial health and provide for your family in the event of a loss. At Oakley Insurance Group, we provide Arizona homeowners and homeowner's in many other states with the coverage and peace of mind they need. For an in depth look at a homeowners' policy please see our blog article HERE.
Home insurance is important for protecting the place you call home, and the things that make your house your home. Homeowner’s Insurance covers the structure of your home, the property inside the home, provides funds for living if you are displaced from your home, and protects you for potential liability that could arise when others are on your property. Here's what you need to know about basic home coverage. Homeowner's insurance is broken up into five main parts, with other optional parts being added to boost areas of coverage.
Coverage A – Dwelling: Coverage A – Dwelling, is the calculated rebuild value of the home, meaning, if the home were to be completely destroyed, this is what it would cost to rebuild it – this is not the “retail” price, or the price including land.
Coverage B – Other Structures: Coverage B – Other Structures, covers other structures on the property that aren’t attached to the main dwelling. This could include a shed, a garage, or other similar structures.
Coverage C – Personal Property: The Coverage C – Personal property, is coverage for exactly that, your personal property. Personal property includes but isn’t limited to furnishings, appliances, clothing, electronics, etc…
Coverage D – Loss of Use: Loss of use coverage is an amount of insurance available to use toward cost of living in the situation that you are displaced by an event that was covered by your insurance. This coverage will pay for a place to stay, food, transportation, and laundry services until your home is suitable to live in again, or you have found a new permanent home.
Coverage E – Liability: Liability coverage is used to cover yourself on or off your property if you are found liable for bodily injury or property damage to someone sustained from non-business-related activity, such as someone injured during a party at your house.
Remember it is important to discuss your coverage requirements and all aspects of your property with one of our licensed, experienced agents before making any coverage decisions. Let Oakley Insurance Group guide and educate you through this process so you have the coverage your home and your family needs for the unexpected life may bring.
"We worked with both Shawn and Tina. Both provided excellent service and were very thorough in explaining the coverages and costs. Insurance can be very tricky if you don't know what your doing. Having Shawn as a knowledgeable resource made the process much easier and we felt confident with our decision. Highly recommend the office for any of your insurance needs."
- Chris Towner
"Outstanding service, value, products. I do business with Oakley regularly and recommend borrowers there. They consistently do a great job!"
- Jerry Valenzuela
"Shawn, Cathy and the team at Oakley Insurance Group are a delight to work with. During a stressful experience of a car accident it was nice to know they had my back and best interest at heart.
Their team is also very personable, you will be treated with compassion, respect and kindness. Above all, you will receive excellent customer service, something that's sadly not as important as it used to be.
Thanks again Shawn and Team at Oakley Insurance Group! You're valued and appreciated!"
- T Hughes
"The staff in the office are great quick to respond and very helpful. Shawn is one in a million, she is the best broker I've ever known, they will always find the best rates for my insurance needs."
- Carol Henderson
"This is a great insurance agency they work hard and provide excellent service. Thank-you Oakley Insurance !"
- Jordan Hellebuyck