Understanding Your Georgia Homeowner’s Insurance Policy

When you first get Georgia homeowner’s insurance, you may have a little trouble understanding the policy and what you need to do. Any type of insurance can be confusing. However, it is important that you understand the policy so that you can know what to expect should you ever have to make a claim. Here is your guide to understanding your policy for Georgia homeowner’s insurance.

 

There are a few main parts to the policy that you will need to understand. The first part will be coverages.  The main coverage will be the amount of money your home is covered for if it is damaged or destroyed. This will also include something called liability. Basically, this part of your coverage will cover the costs if anyone ever gets injured in your home. Each of these types of coverages will have a maximum limit. This will be the maximum amount that the insurance company will pay out.

 

In addition, you need to understand the deductibles. These will be the amounts that you will need to pay if you have to make a claim. The higher the deductible is, the less you will pay on your policy each month. However, this will mean you have to pay more when you need to make a claim. If your deductible is lower, you will have to pay more each month, but you will pay much less when you make a claim.

 

Finally, you will need to understand extended or add on coverage. These will be extra policies to cover certain situations. For example, if you have a large amount of jewelry or a great number of electronics, then you will need to have extended coverage on them. In addition, extended coverage can handle such situations as flood or sewage backup.

 

By understanding your Georgia homeowner’s insurance policy, you will have a better idea of what you are paying for and you will be better prepared if you need to make a claim on that policy.

What Our Clients Have to Say

Jackson Insurance offers fast and exceptional service in addition to great rates. I have recommended all my friends to them.

E.G. Atlanta, GA

Since 1998, Nolan has been a tremendous help to me with both my auto and homeowners insurance needs. He has helped me navigate through the maze of insuring multiple cars with teenage drivers, as well as understanding the legislative changes affecting my auto policy. When I purchased my homes, Nolan analyzed my needs and made solid recommendations for my circumstances. And on those occasions when I had a claim, Nolan's professionalism, service, and accessibility made all the difference and reassured me of his commitment to my best interest. I am confident he will do the same for you.

Keith H. Statesboro, GA

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