As Georgia homeowners, we understand the rising cost of homeowners insurance in the state of Georgia. Whether you own a home, mobile home, condominium or if you’re currently renting within the Buford, Georgia area, Martin Farmer’s Agency understands that your home is one of your most valuable investments. We will match you with the right homeowners insurance policy, with the proper coverage for your homeowners insurance or renters insurance policy.
The biggest reason we have homeowners insurance is to provide coverage in case of a disaster. Not all insurance policies cover everything that miay happen to your property. We’ve put together some basic coverages for standard homeowners insurance. Of course, we always invite you to contact us to discuss our homeowners policies in further details.
Homeowners Insurance in Georgia
A standard homeowners insurance policy has two sections:
- Property Insurance – covers your home and it’s contents
- Personal Liability – covers accidental occurrences should someone get hurt on your property.
What’s Covered Under Your Georgia Homeowners Insurance Policy
Our homeowners insurance policies provide the following types of coverage:
- Personal Dwelling
Pays for damage or destruction to your house and any unattached structures and buildings. Examples include fences, attached garage, shed or patio cover.
- Personal Property
Covers the contents of your house, including furniture, clothing and appliances, if they are stolen, damaged, or destroyed.
- Personal Liability
Protects you against financial loss if you are sued and found legally responsible if someone is injured on your property.
- Medical Payments
Covers medical bills for person(s) injured on your property.
- Loss of Use
Pays for additional living expenses if your home is uninhabitable due to a covered loss. Most standard Florida homeowners insurance policies pay 10% to 20% of the amount of your dwelling coverage.
What’s Not Covered
Although floods are widespread in Georgia, the damage they cause is not covered by our standard homeowners policy. If your home is located in a flood-prone area, you’re significantly more likely to experience a flood loss than a loss from fire and the cost of flood coverage reflects the high risk involved. If you live in a Georgia flood basin, you can expect to pay a higher premium for homeowners insurance which includes flood insurance.