Homeowners Insurance
Are you looking for Homeowners Insurance in Indiana?
The Insurance Shop, Inc is your premier agency for Homeowners Insurance in Indiana. Homeowners insurance covers losses to your home and any possessions inside it. Purchasing home insurance gives you the state of mind that losses caused by storms, fire, theft and other events will be covered. It will also cover any law suits from injuries that might have occurred on your property.
What's the difference between Actual Cash Value and Replacement Costs?
Policies pay different amounts to fix or replace property (your home and personal items). Usually, you have to pay part of the cost yourself. That amount is called the deductible. After that, how much money you get from the insurance company depends on if the coverages you purchased pay “replacement cost value” (RCV) or “actual cash value” (ACV).
What should my Deductible be?
Homeowners Insurance deductibles is the amount you pay out of pocket before your insurance pays for repairs. Higher deductibles generally mean a lower monthly premium. For example: If you have a $1000 deductible, you would be responsible for paying the first $1000 of the covered loss.
Additional Coverages that you should consider
- You will need to obtain an additional appraisal for some of your valuables. Including:
- Jewlery
- Guns
- Antiques and Collectibles
- Camera Equipment
Talk to one of The Insurance Shop, Inc.'s experts to tailor you a custom homeowner insurance plan.
