1.How does this amount of coverage sound? what should i consider when determining if it's too much or too little?
2.Should I review my auto insurance coverage with my home insurance broker, even though the company they are quoting doesn't offer auto insurance?
3.How / when would an "umbrella" policy come into play? What questions should we be asking ourselves? (home insurance broker has not brought it up)
Thank you!
Paid 465K for the house
Deductible: $2,500
Hurricane deductible: 2%
A. Dwelling $ 350,000
B. Other Structures $ 7,000
C. Personal Property $ 175,000
D. Loss of Use $ 35,000
E. Liability Limit $ 300,000
F. Medical Payments $ 1,000
Loss Assessment Coverage $ 5,000
Mold Limits - Limit of 10/10/50
Water Back-up and Sump Discharge or Overflow $ 5,000
Ordinance or Law Coverage 25%
2.Should I review my auto insurance coverage with my home insurance broker, even though the company they are quoting doesn't offer auto insurance?
3.How / when would an "umbrella" policy come into play? What questions should we be asking ourselves? (home insurance broker has not brought it up)
Thank you!
Paid 465K for the house
Deductible: $2,500
Hurricane deductible: 2%
A. Dwelling $ 350,000
B. Other Structures $ 7,000
C. Personal Property $ 175,000
D. Loss of Use $ 35,000
E. Liability Limit $ 300,000
F. Medical Payments $ 1,000
Loss Assessment Coverage $ 5,000
Mold Limits - Limit of 10/10/50
Water Back-up and Sump Discharge or Overflow $ 5,000
Ordinance or Law Coverage 25%