Homeowner's Insurance
GREAT STATE
Homeowner’s Insurance
Whether you own a house, condominium or townhouse, for most people their home is their most important investment. Great State Insurance Agency offers home insurance policies that have flexibility to meet your individual needs and above all, provide you with the security that comes only from the knowledge that your home is safe.
Coverage Overview
insurance and the typical Homeowners Insurance policy has two main sections:
insurance coverage for your property
personal liability coverage (to cover you in case of lawsuits arising from things that happen on your property)
Homeowners insurance is often required by lenders when securing a mortgage, and it’s a smart choice whether you own or lease a property. It protects your home, your belongings, and your financial security from unexpected situations.
You can get started by “Calling Us” or clicking the “Get a Quote ” button to receive offers from top insurance carriers in North Carolina in just minutes. Our team helps you find the right coverage at the best possible rate.
Standard Coverages:
A standard Homeowners Insurance policy insures the home itself and the things you keep in it. It is typically a package policy, which means that it covers both damage to your property and your liability or legal responsibility for any injuries and property damage you or members of your family cause to other people.
Homeowners Insurance Coverage Guide
Part I: Property Protection
Dwelling
This offers protection as a result of damage to the structure of your home including fixtures, plumbing and heating due to a covered loss, such as fire or hail storm damage. It does not cover the normal wear and tear of your home or maintenance-related problems. You need enough coverage for the cost of rebuilding or repairing your home, less the cost of the land. Determining this new replacement can be somewhat complex, but we can assist with this process.
Other Structures
This includes coverage for detached structures, such as a garage, garden shed, and fixtures attached to land such as a driveway, sidewalks, patio, fence, swimming pool, etc.
Personal Property
Your furniture, clothing, sporting goods, and other belongings are covered whether they are at home or anywhere else in the world. To help you track everything, we will give you a simple home inventory checklist to walk through at your own pace.
One thing we always recommend is to insure your belongings for their Replacement Cost Value. Things wear down and lose value over the years, but if something happens, you want to replace it at what it costs today, not what you paid back then.
Loss of Use
If a covered loss like a fire forces you out of your home, Loss of Use coverage helps with the extra expenses that pile up while you are away. It covers costs beyond your normal living expenses, up to your policy limit, so you are not left carrying that burden alone.
Part II: Property Protection
Liability to Others
If you or a family member accidentally causes injury or property damage to someone else, your policy has you covered. It pays for legal costs and any court awards up to your policy limit, whether the incident happens at home or somewhere else.
Medical Payments
If a visitor gets injured at your home, they can send their medical bills directly to your insurance company. Expenses are paid up to your policy limit without a liability claim being filed against you, which keeps things simple for everyone.
What About Disasters?
Most disasters are covered under a standard homeowners policy. The two exceptions are floods and earthquakes. If you need coverage for either, just ask us and we will walk you through your options.
Vacant Property
If your home is sitting empty because you are moving or doing new construction, you could be exposed to losses from vandalism or other unexpected incidents. Reach out to us and we can help you find the right coverage for that situation.
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