Maryland Homeowners Insurance Quotes
Many people may question the need for homeowner insurance. However, consider the following scenario: You bought a house about 10 years ago and you still have to pay the mortgage for another 10 years. You have some money, but not enough to rebuild the house in case a calamity occurs. Costs for rebuilding a house have increased enormously and so if something happens to destroy the building, you could be left homeless if you have no insurance to cover the rebuilding costs. This is an excellent reason to have an insurance policy that not only covers your house and outbuildings, but also the valuable contents of your home.
Maryland homeowners insurance is pretty unique
Maryland homeowners insurance offers you an all in one policy where they will cover the main building, garages, cottages and sheds, and also the content of the house. This means anything from furniture, clothing, electronics, computers, etc. And if that is not enough, this insurance also covers personal liability and medical expenses in the event that someone gets injured on your premises. The only thing Maryland homeowners insurance does not cover as standard is valuables such as jewels, expensive watches, spectacles, antiques and money. However, for an additional premium they are able to help you out there. All insurances together could actually help you paying less at the end of the day.
Personal liability cover is ideal when you have kids
Personal liability cover will help you pay the bills if you or your family members have caused damage to someone else’s property. The good old classic is of course the soccer ball that went through the window or the antique vase that got kicked over. In order to be able to claim personal liability you will have to be confronted with a lawsuit. The standard minimum cover is $ 100,000 but could be increased for an additional small premium.
Third party medical payments cover is indispensable
Consider this scenario: The lady that cleans your house every week falls over the toy your lovely little one left unattended, and she breaks her hip. She does not have medical insurance but she needs surgery and will have to stay in hospital for quite some time. Also when she comes home she will need assistance. With third party medical payments cover, which is standard in the Maryland homeowners insurance, you will not have any worries, as all medical costs will be reimbursed. This will give you peace of mind and your domestic can recover fully.
Safety features might help you get a lower premium
The Maryland homeowners insurance is one of the best insurance covers you can get; true value for money. But it could be even better if you have safety measures in place on your property. Alarm systems, fire extinguishers and smoke detectors will easily bring down your premium by 10 to 20%. Maryland homeowners insurance is already one of the lowest available. For just $ 612 per annum you will be covered for all of the above mentioned areas. But why don’t you try it out yourself. Go to the tools & tips tab and click on calculator. In less than a minute you will know what standard cover is going to cost you exactly. Do not be surprised if the site tells you that you qualify for discounts. What a bonus! You can call the toll free number to get a personalized quote if you prefer.
Another way to decrease your premiums is one stop shopping. By adding everything in one basket you could qualify for serious discounts. So combine your homeowners insurance with your car insurance and the insurance for all your valuables.
Does Maryland homeowners insurance suspend policies?
If your house is not in the best of conditions and your policy will have to be renewed, then it can happen that the insurance company advises you to replace or repair certain parts of it. Not doing so could have disastrous results in your premiums, or even worse, a policy could be suspended due to the risk factor. It could also happen that when you claim for damages when the state of, for instance, the house foundations were bad due to lack of maintenance, the insurance company will refuse the claim. The advice can be seen as a precautionary measure and fixing the problem might result in a better premium.
Seeing all the advantages above, it is more than worth your while to put Maryland homeowners insurance to the test. Use the calculator and get an instant quote or give them a call on their toll free number.