Rich Insurance Agency LLC is here to offer Kansas City, MO homeowners home insurance that fits their needs. If you have a single-level home, these policies may suit you!
Single-Level Homes Still Have Plenty of Risks
While a ranch house might have fewer issues plaguing it (such as stress-related damage to the foundation), it still needs high-quality protection! We think homeowners should buy the most comprehensive policy possible to stay safe from real issues.
That said, we know not everybody can afford that kind of protection! As a result, it’s important to find a good balance for your single-level home. Let’s take a look at some of the most common policy types to give you a better understanding of what they might (and might not) cover:
- HO-1: Basic form protection covers only 10 perils: lighting, fire, windstorm, explosion, riot, aircraft, vehicles, smoke, vandalism, theft, and volcanic eruption. Anything not mentioned above (including personal property, liability, and additional living expenses) isn’t covered!
- HO-2: Broad-form policies cover the perils mentioned above, as well as personal belongings, liability, loss of use, and medical payments. For single-level homeowners on a tight budget who want better protection than HO-1, these policies work very well indeed.
- HO-3: The most common insurance type, a special form policy covers open and named perils, including things not listed on your policy. That makes them an excellent option for single-level homeowners concerned about serious, long-lasting issues.
Other options include HO-4 policies (specific to renters) and HO-5 protection (an upgraded type of HO-3 that covers far more problems).
You Deserve Great Protection
Our Rich Insurance Agency LLC team offers high-quality home insurance policies for Kansas City, MO residents and beyond! Call us today to learn more about your options.
