Home Insurance in Virginia Beach, VA
Home insurance may lower the financial fallout of unexpected damage and liabilities that can affect your property. Whether you’re looking for a new policy or curious if your current coverage is adequate, Matt Roenker Insurance Agency is here to help you.
Is It Required?
Home insurance is not legally required in Virginia. However, your lender or mortgage company may ask for proof of insurance if you’re leasing or financing your home.
What Does It Cover?
While policy inclusions may vary depending on the insurer and your circumstances, a standard home insurance policy can offer the following coverage:
- Liability coverage can help with legal, medical and other expenses if you are responsible for causing bodily injuries or property damage to a third party.
- Dwelling coverage can cover damage to your home and attached structures like chimneys and porches.
- Other structures coverage can help pay for the repair or reconstruction costs of detached structures like garages and sheds.
- Personal property coverage can cover the replacement of appliances, clothing, furniture and electronics, up to policy limits.
- Additional expenses coverage can help pay for shelter, meals and other necessities if you’re forced to move out of your home temporarily due to a covered peril.
How Much Coverage Do I Need?
Your coverage should be enough to pay for entirely rebuilding your home if a covered risk destroys it, without the need to pay out of your own pocket. It should also be sufficient to cover expenses related to third-party claims of bodily injuries or property damage.
How Much Does a Policy Cost?
Many factors can determine the cost of your policy, including the following:
- Location
- Property size and value
- Claims history
- Coverage selection
- Deductible
Get Covered Today
Contact Matt Roenker Insurance Agency to explore your home insurance options or request a personalized quote.