Home Insurance in Missouri

Are you a homeowner in the Kansas City, MO area? If so, ensure your most important asset is well protected with homeowners’ insurance. The Rich Insurance Agency LLC serves the people of Missouri by providing insurance protection for all their needs.

The Right Homeowner's Policy

Homeowners insurance protection is necessary because it protects the home and personal property of the homeowner. Insurance becomes the primary source of rebuilding funds if there is a total loss. It will also provide the liability coverage necessary for any legal action resulting from injuries or damage from someone else on their property.

The level of coverage is one of the most critical parts of this coverage. The most common level of coverage is HO-2, which is a broad policy that offers protection against 16 perils listed in the policy. An experienced insurance professional will ensure you are not paying for more coverage than you need.

Here are some things you need to know and understand about homeowners’ insurance coverage.

• Know about any exclusions to the coverage. Most insurance policies do not cover earthquake or flood damage, for example.
• Know the dollar limitations on claims
• Know the replacement cost of your home
• Know the actual cash value of your home
• Know the amount of liability coverage

If you wonder how much homeowners’ insurance you need, it has to be enough to cover the cost of rebuilding your home if it is destroyed. For your personal property, make sure you have coverage limits that are at least 50% of the dwelling coverage amount. Your liability limits should be high enough to cover all your assets.

The average cost of a homeowners’ insurance policy is $1780 annually, based on your location and the amount of coverage you have. Your credit score can also be a factor in your rate.

If you are a Missouri resident and need protection for your home, contact the Rich Insurance Agency LLC. You will be glad you did.