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Are all homeowners policies the same?
Definitely not. Each policy is tailored to fit your needs and lifestyle. While there are "standard" policies, you should talk to your agent to make sure you've got the coverages you - and your home - deserve.

How can I reduce my insurance premiums?
There are a number of ways to do this:

• Ask for a higher deductible. Deductibles represent the amount of money you pay before you make a claim. Requesting a higher deductible can lower your premium.
• Combine your home and auto coverages, and the carrier may give you as much as a 10% credit.
• Be certain you're receiving all the discounts you're entitled to. Homeowners are often eligible for discounts if they have smoke detectors, fire and burglar alarms, if they make updates to the home, and if they don't smoke.

What is renter's insurance?
If you rent, rather than own your home, you need renter's insurance to protect your valuables against fire and theft and also possibly safeguard against someone who might get hurt while on the property. That's because your landlord's homeowners policy won't cover these things.

I work from home. Does my homeowner's insurance cover my computer equipment?
Generally, home office equipment isn't covered by homeowners policies. Small business owners can buy additional coverage with an endorsement. Large business owners need to buy separate policies.

Will my child have coverage for personal items while away at college?
So long as your child is still considered a member of your household, a certain percentage of your policy extends to other temporary household locations.

What is replacement cost on contents?
This coverage eliminates the depreciation and pays the dollar amount it will cost to replace an item today, if needed.

Are the antique autos and boats stored in my garage covered on my homeowner's policy?
No; they're not. You need to buy separate automobile/boat coverage.

Does my homeowners policy cover flooding?
Flood insurance is never included in a homeowner's policy. The federal government offers flood insurance through insurance agents like Turner Barker.