Longwood, FL residents are not mandated by law to obtain homeowners insurance. Yet, you will usually be required to purchase this coverage by your lender while you carry a balance on your mortgage. However, it is a choice that can protect your investment, even once the last payment has been made on your home.

Covered Perils

By definition, a peril causes damage, while a hazard is an exacerbating factor. Your insurance company has categories of scenarios for which they will accept claims and others for which they will not. Your Express Insurance agent can give you details on the specific events included in your policy. 

Different types of indemnification will extend to various situations, such as open peril, which means they will reimburse for any scenario that causes damage except those excluded. A named-peril clause has a list of certain claims it deals with. 

Examples of Perils Often Covered 

Power surges are a damaging phenomenon that can destroy electronics and appliances and sometimes even result in a conflagration. Lightning is another potential cause of the fire and can damage wiring within a structure. 

Water damage not caused by flooding tends to be a named peril, which may come in the form of a leaky roof due to heavy snow and thawing. Fallen tree branches and other natural events such as wind, hail, and sleet may create any number of problems for your house. Theft and vandalism can befall your property as well. 

Express Insurance Wants to Help

We can provide insurance products and services to meet the needs of your life, and we invite you to contact us for more information on homeowners insurance today. We service those living in and around Longwood, FL. 

As a homeowner, you must do everything you can to protect your investments. That’s why carrying homeowner’s insurance is so important. A policy from Express Insurance can help you financially in a disaster, whether it’s a fire, severe weather damage, or even theft.

Covered Events

One of the most important things about your homeowner’s insurance policy is what events are covered. Most policies will cover damage from fires, severe weather, and theft. However, there are some exclusions that you should be aware of. For example, most policies will not cover flooding or earthquake damage. That’s why it’s so important to read your policy carefully and understand what is and isn’t covered before you need to file a claim.

Deductibles

Another essential thing to know about your homeowner’s insurance policy is your deductible. You’ll need to pay an out-of-pocket amount before your insurance company steps in and covers the rest. Remember that having a higher deductible will usually result in a lower premium, so it’s a trade-off you’ll need to consider when choosing your policy.

Replacement Cost vs. Actual Cash Value

When shopping for homeowner’s insurance, you’ll also need to decide between replacement cost coverage and actual cash value coverage. Replacement cost coverage will reimburse you for the cost of repairing or replacing your home up to the limit of your policy, regardless of its current value. Actual cash value coverage, on the other hand, will reimburse you for the current market value of your home—which may be less than what it would cost to repair or replace it.

As a homeowner, carrying adequate insurance in Longwood, FL is one of the best ways to protect your investment. A policy from Express Insurance can help you financially if disaster strikes by covering damages from events like fires, severe weather, and theft—up to your policy’s limit.

Home insurance in Florida is not mandatory, but the lending institutions require it when you want to secure a mortgage. However, whether compulsory or not, homeowners insurance is pivotal because it safeguards your home structure and its contents from unexpected disasters. So, if you have a home in Longwood, FL, don’t hesitate to get in touch with Express Insurance for a home insurance plan. Home insurance is a worthwhile investment as it provides homeowners with coverage in numerous areas, but not limited to:

• Provision of liability protection: What happens if a third party slaps you with an expensive lawsuit or skyrocketed medical bills? Fortunately, home insurance from Express Insurance safeguards the policy bearer from exorbitant lawsuits emanating from third parties whose property has been damaged or bearing inflicted injuries by you or your family members. 
• Dwelling protection: Owning a house in Longwood, FL is an investment. And being one of your valuable assets, your home requires formidable protection from imminent perils. If such calamities transpire, repairs or reconstructing of the structures are covered by the home insurance policy.
• Assets protection: Nothing is comforting like knowing that your valuable assets are protected if an unexpected eventuality strikes. You have invested in exclusive furniture and other home appliances which you hold dear. Financial stress resulting from loss or damage to your home can be detrimental. Home insurance pays for the damage or loss to your assets.
• Provision of additional living expenses: Loss of use coverage caters to costs such as hotel bills and accommodation when residing elsewhere as your home is getting rebuilt or reconstructed after being damaged by a peril listed in your policy.

Express Insurance has tailored magnificent solutions that will leave you and your house protected from imminent calamities. To get home insurance coverage in Longwood, FL, please contact or visit us today, and you won’t regret it.

In the U.S., approximately 95% of homeowners have home insurance. Even though it is not a legal requirement, it is an essential investment for your property in Longwood, FL. Our homeowner insurance at Express Insurance typically protects your home in case of events like fires or hurricanes.

The ideal home insurance policy should protect not only the physical structure but also all the valuable items that you would need to replace. Read on to learn three ultimate reasons why you should get home insurance.

1. Home Insurance Gives You Financial Safety

In the case of events like tornadoes or hurricanes where houses are at risk of significant damage, home insurance is necessary. You get peace of mind knowing that you have a  home insurance policy that will pay for repairs and replacements that may be required.

2. It Is a Necessity for a Mortgage

Most mortgage lenders will insist that you get home insurance to protect your investments. Home insurance ensures that any damages are taken care of in case of any unfortunate events. A mortgage lender will typically insist on a policy that covers the amount of the mortgage.

After completing your mortgage payment, you are no longer required to pay for home insurance, but as a homeowner, you should continue as this is a major investment. 

3. Home Insurance Protects the Equity of Your Home

Homes are one of the significant investments in one’s life, and as you continue doing renovations and modifying them, the equity of your home increases. In case of a damaging event, home insurance will ensure that you don’t start from zero. 

If you want to know more about home insurance, contact our independent insurance agents in Longwood, FL. They’ll answer any question you may have and help you identify the right quotes that fit your budget. 

In Longwood, FL the general rule of thumb is that your home insurance will cover the home, it will cover the building, it will cover your possessions, it will cover the possessions of those who are staying with you on a permanent or temporary basis. But it will not cover the possessions of your tenants. That is to say that if someone is paying you a monthly fee to rent the home, or to rent a room in the home, then the insurance does not cover their possessions in the event of a fire, burglary or other hazard.

For this, they will need to invest in renters insurance. They can do their own research and buy a renters insurance policy to cover their belongings, or you may be able to work something out with your home insurance provider so that they can easily buy renters insurance through the same insurer. But your home insurance policy does not cover a tenant’s possessions.

Many landlords actually choose to require tenants to carry their own renter’s policy. This simplifies the process should claim to need to be filed. You don’t want a tenant to try and hold you responsible in the event that their possessions are lost or damaged. It’s up to you, but it’s not a bad idea to require your tenants to carry their own insurance.

If you have any questions about renters insurance or home insurance in Longwood, FL, or you’re looking to get covered for your own home or a rental property, get in touch with Express Insurance. Express Insurance can help you to get a great policy no matter your home insurance needs.

Express Insurance assists the Longwood, FL community through offering residents multiple types of insurance policies. We strive to help our clients find policies that align with their situation. As an independent insurance agency, we are committed to simplifying the process of searching for insurance for our clients.

Hidden Home Insurance Facts

As a homeowner in the Longwood, FL community, you’ll have the opportunity to enjoy warm weather and stunning views. However, it’s important that you protect your investment. Home insurance covers your property in the event of a natural disaster. You’ll also be covered if your personal items inside of your home are vandalized or stolen. Here are some hidden home insurance facts that you may not be aware of.

Your Appliances Are Covered

The policy covers your electrical appliances such as a refrigerator, laptop, and surround system if they break down. Your electrical appliances are also covered in the event that they are stolen.

You Are Covered While You Travel

If you are going on vacation, your personal items are still covered under your policy in the event that they are vandalized or stolen en route to your destination. However, if you are traveling with rare luxury items, you may need to amend your policy in order to cover those items.

Liability Coverage Extends To Nature

In the event that your tree cracks and falls on your neighbor’s property, you will be covered. The policy will protect you from being held responsible for potentially serious damages.

Falling Debris

Be aware that your home insurance policy covers your property in the rare event that your home is damaged by falling debris. This should give you peace of mind that the dent on your property is covered.

Express Insurance Will Assist You

For more information on home insurance, visit our website today!

Buying a home in Longwood, FL can seem like a dream come true. With its location in Central Florida, it is convenient to all the things that the greater Orlando area has to offer. Choosing the right home insurance for your home is one of the most important decisions you make when you become a homeowner. At Express Insurance our dedicated staff treats all of our customers like family and we want to make getting the perfect home insurance a totally painless process. 

To answer the question why do I need a home inventory you need to understand what a home inventory is and what it is used for. First, a home inventory is a listing of all your possessions. You may think that you don’t need a list or a video to remind you of what you own but I think once you make an inventory, you will be surprised at all the things that you have. Can you remember all of the holiday decorations that you have? Every piece of clothing and household items? Chances are you can’t. 

When something bad happens and bad things do happen even in lovely places like Longwood, FL, you will be asked to tell your insurer what they need to replace when you file a claim. You have to know the model of things like TVs and other electronics. You want to be able to replace what you had with something of equal value and quality. Your inventory, especially with receipts and photos attached will make the whole process go much smoother and quicker. It takes a little time to do an inventory but the potential benefit makes it worthwhile. 

When you are ready to talk about your home insurance needs give the experiences team at Express Insurance a call or stop by and let us give you a no-obligation quote as well as answering any questions you may have. 

There is no shortage of winter preparation tips that a Longwood, FL resident needs to remain aware of. With the help of Express Insurance, these potential issues can all be addressed in a timely manner. If you are in the process of getting your home ready for winter, it is time that you learned more about the role that your home insurance policy is going to play….

Safeguarding Against Weather Related Damages

A home insurance policy may offer the homeowner coverage against garden variety occurrences that are related to the weather. That is all well and good but an annual review is crucial. These reviews ensure that the homeowner receives the necessary protection from weather damages that their current policy may not have considered. Otherwise, they could be left holding the bag when storms and other issues arise.

Protecting Valuable Possessions

Perhaps the homeowner has made some new acquisitions since their policy was last renewed. If specific possessions have been acquired and the homeowner is looking to protect them, these are discussions that must be had. Any homeowner who makes the mistake of assuming that all of their possessions are going to be protected and/or replaced in the event of a storm or any other winter related calamity is sadly mistaken. 

Protecting Against Liability

A homeowner that does not properly maintain their residence and subjects visitors to various dangers is going to be held responsible for the results of these dangers. If they do not obtain the necessary liability coverage, they are placing themselves and their guests in harm’s way. Take the time to inquire about the proper coverage and amend your current policy as needed.

Looking for the proper assistance when it comes to home insurance policy? If so, Express Insurance is here to help any Longwood, FL resident with their questions and concerns. Take a moment to visit our website to find out more and be sure to schedule a consultation if you would like to discuss your policy review with an experienced professional. 

Home insurance may seem complicated and the language of insurance policies can be difficult to figure out. You can always work with your agent at Express Insurance, serving Longwood Fl and the surrounding communities, to ask questions and make sure you have adequate home insurance. It is helpful to understand the glossary of important common terms that are used in insurance policies for home insurance.

Here is a list of common terms in alphabetical order:

• Act of God (the legal term is “Force Majeure”) — Something that happens due to uncontrollable natural forces like an earthquake, tornado, or a hurricane.
• Claim — A request made for a loss covered by home insurance
• Deductible — The amount that must be paid first by an insured before the insurance company will pay on a claim.
• Endorsement (also called a “rider”) — This can add or reduce coverage. These are usually found at the end of the policy. They can change the terms contained in the first part of the policy. Read them carefully.
• Exclusion — Things that are not covered by insurance.
• Inflation protection — An automatic adjustment for inflation.
• Lapse — The policy stopped being in effect because premiums were not paid on time.
• Liability Coverage — Protects homeowners for other people’s injuries or property damage.
• Loss of Use — Coverage for the expenses of living somewhere else when the home is being repaired after a disaster.
• Perils — These are the risks. In a “named-peril” policy, the covered risks are listed. In an “all-peril” policy, every loss is covered except those caused by something on the list of exclusions.
• Personal Property — These are items that can be moved, like furniture, clothes, jewelry, appliances, and electronics.
• Replacement Cost — This is the current cost to have a new item that is equivalent to the one that was lost or damaged. It is not the actual value of an old item. It is the cost to buy a new one of the same kind.

Now that you understand some of the terminologies, it is time to ask your agent at Express Insurance in Longwood, FL for a home insurance review or a quote for new home insurance.

Call 407-215-7318 or use the online system to get a quote.

While condo ownership is similar to home ownership in a number of ways, there are a few key differences that need to be discussed. Each of these policies provides insurance for your living space but they are not one and the same. The responsibilities are the same and yet the insurance policies are not.

Longwood, FL residents who will be meeting with Express Insurance to discuss these policies would do well to educate themselves on the dissimilarities. Let’s take a closer look.

Personal Property Coverage

Personal belongings are the primary responsibility of any condo owner. The homeowner’s association insurance that you are going to purchase does not provide any coverage in this regard. Meanwhile, this is one of the few areas where homeowner’s insurance is relatively similar. A home or condo owner must make sure that their personal belongings remain protected.

Dwelling Coverage

Under a policy that is purchased for a condo, the owner will need to purchase just enough insurance to rebuild the interior if necessary. All of the exterior repairs are going to fall under the purview of your homeowner’s association insurance policy. On the other hand, a homeowner will need to make sure that they are purchasing enough insurance to handle any exterior repairs that become necessary over the long haul.

Liability Coverage

Condo owners must provide themselves with protection from visitor injuries. Homeowners will have to purchase the same protection but there are additional forms of protection that are required in these instances. A homeowner is not only responsible for an injury that takes place on their property, but they are also responsible for any accidents or incidents that occur on the land that surrounds their property.

To learn more about the differences between homeowner’s insurance, Longwood, FL residents should take the time to contact Express Insurance as soon as possible.