All new homeowners need to learn the basics of homeownership and home insurance. It is not always obvious when this is your first home. With years of experience, Brokers Insurance Agency in Lincoln, NE serves both Nebraska and Iowa. We personalize every customer’s insurance policy to meet their particular needs and wallet. 

Read your policy carefully.

Read your home insurance policy carefully. Start by reading the declaration page, which will tell you the amount of coverage you have on your home, outbuildings, and content. Look at your deductible amount, which you will need to pay out of pocket for every claim. It is not a yearly amount. 

You need to know what isn’t covered.

Home policies do have exclusions, things that aren’t covered. One of the most important things is that floods are not covered. Floods are a major cause of damage in the country, and if you are in danger, you need to buy a separate flood insurance policy. Earth movement is also not covered, including earthquakes, sinkholes, mudslides, and landslides. 

Owner neglect isn’t covered.

It would be best if you kept your home well-maintained. If you don’t, the insurance company may not pay a claim you have. You have to treat your home for termites and other bugs, repair or replace your roof and keep your home in good shape inside and out.

Not all dogs are covered.

If you have a dog, make sure you let your insurance agent know what breed it is. Some breeds are so dangerous that your home insurance won’t cover them. You may want to check which ones are excluded before you choose your best friend. 

Contact Brokers Insurance Agency in Lincoln, NE when you are in the market for home insurance.