Homeowner Insurance
How do you define dream house? You might’ve chosen a Spanish-style hacienda on your favorite golf course, a center-hall colonial in a great school district, or a perfectly restored mid-century modern. Your home is a major investment, but — more than that — it’s where you raise a family, entertain friends and create lifelong memories.
Whether you live in the perfect starter house, a custom-built dream home or something in between, one thing is true: You want to protect the life you’ve made there.
Here are some typical situations in which Pace Insurance and Financial Services homeowners insurance can help:
There’s a fire in your kitchen
Risk:
You act quickly and prevent a grease fire from getting out of control, but smoke damages the counters and cabinets in your kitchen.
Coverage:
Property coverage in your policy can help if your house is damaged by fire and/or smoke.
Thieves strike while you are away
Risk:
You return from a family vacation to discover thieves have stolen electronic equipment from your media room.
Coverage:
If your possessions are stolen, damaged or destroyed in an insured loss, your coverage can help replace them, up to the policy’s stated limits.
A visitor is injured
Risk:
A guest at your annual Fourth of July barbecue trips on the steps between your deck and the lawn — fracturing his wrist when he falls against a stone retaining wall.
Coverage:
Medical payments coverage can cover the medical costs if a visitor is hurt on your property, regardless of liability.
A tornado hits
Risk:
You heard the warning sirens and escaped uninjured, but you can’t live in your house while tornado damage is repaired.
Coverage:
Coverage for additional living expenses can help with the extra cost of temporary relocation caused by a covered event.
Your homeowners insurance can also help with some losses that happen away from home. For instance:
Your jewelry is stolen
Risk:
You mastered the basics of surfing during lessons in Hawaii — but your wedding ring is stolen.
Coverage:
With personal possessions coverage, lost jewelry is covered up to your policy limits.
You lose your passport
Risk:
While on vacation in Europe, you lose the tote bag that has everyone’s passports.
Coverage:
Your homeowners policy can help with the cost of replacing passports and other valuable papers.
