Insurance for homeowners is a vital coverage to protect you, your family and your property from any damage. It covers injury to others who are on your property as well. A homeowners insurance plan is an investment that can save you money.
Rhode Island residents can benefit from competitive insurance rates, policies and plans offered by top companies. Shop around before choosing a provider. This way, you can make sure that your policy meets your needs and is affordable.
Best Home Insurance Companies in Rhode Island: Amica
Amica is one of the top home insurance companies in the state and has consistently been ranked high for customer satisfaction and claims. The company was also awarded a 0.22 Complaint Index rating by the NAIC, a sign that it receives less than half of the average number of complaints for other insurers.
Rhode Island residents need coverage for their personal property, as well as liability. It offers many discounts including bundles and multi-policy policies so that you can get coverage at a low price.
The HO-3 Special Form (HO-3) provides coverage for both your home and your personal belongings. This is a named-peril policy that covers damage to your house and belongings according to a list.
This insurance also covers ordinances or laws, which are meant to cover costs in the event that your home is found to be in violation of local codes and laws. Credit card fraud, unauthorized purchase or forged cheques can also be covered.
Most home owners should consider an umbrella policy in addition to their homeowners insurance. This type can offer additional protection in case of large liability claims. This is especially true in Rhode Island with its high number of people who have financial problems or bad credit.
You should also consider how much you will be reimbursed if forced to move due to a fire, flood or other disaster. Many policies cover hotel bills and restaurant meals when you're not at home.
You can increase your loss-of-use insurance to cover additional living expenses if you home is damaged due to a storm, flood or another insured event. This type of policy typically covers about 20% of the total amount you have on your homeowners insurance.
Comparing homeowners insurance quotes can be a great way to find the right policy and compare rates. OceanPoint Insurance experts can help you find the right policy at the best rate once you have all the necessary information.