It is important to protect your home and possessions against theft, damage or other incidents. It also covers you against injury to others on your property and lawsuits. A homeowners' insurance policy can be an excellent investment as it can help you save money in the end.
Rhode Island homeowners are able to take advantage of affordable homeowners insurance policies and rates from leading companies. It is best to compare rates before choosing an insurer. By shopping around, you will be able to find a policy that meets your requirements and is within your budget.
Amica Insurance - Best Home Insurance Companies Rhode Island
Amica, one of the leading home insurance providers in the state, has always been rated highly for customer service and claims. The NAIC has also given the company a Complaint Index Rating of 0.22. This means it gets less than half the average number complaints from other insurers.
Rhode Island homeowners need to be protected by a variety of insurance policies, such as personal property coverage and liability insurance. It offers many discounts including bundles and multi-policy policies so that you can get coverage at a low price.
The HO-3 Special Form (HO-3) provides coverage for both your home and your personal belongings. This policy covers damage caused to your property and home based upon a list common risks.
You can also get ordinance or law insurance to cover the costs of your home breaking local codes or laws. This insurance can cover credit card fraud as well as unauthorized purchases and forged checks. These can be costly to handle without such protection.
Most home owners should consider an umbrella policy in addition to their homeowners insurance. This coverage will provide additional protection against large liability claims, especially in Rhode Island.
It's also important to know how much money your policy will cover if you have to move because of a disaster or fire. Many policies will reimburse for hotel costs, restaurant bills, and other expenses while you're away during the reconstruction process.
You can also increase your coverage for loss of use to compensate yourself for any additional living expenses you incur when you are forced to relocate because of a hurricane or another insured event. This type policy covers approximately 20% of your homeowners insurance.
Getting homeowners' insurance quotes is the easiest way to compare rates and determine the right policy for you. OceanPoint Insurance's experts will help you select the policy that best suits your needs and at the lowest price.