Your premium is based on factors such as the value of your home, the coverage amount, your location, the age of the home, and your claims history. Insurance companies may also consider your credit score, the type of home, and any security features you have.

Replacement Cost covers the cost to repair or replace damaged property with similar quality items, without deducting for depreciation. Actual Cash Value accounts for depreciation, providing compensation for the current value of the property rather than the replacement cost.

Standard home insurance policies may not cover certain natural disasters, such as earthquakes or floods. You may need to purchase separate policies or endorsements for these specific risks to ensure comprehensive protection.

Contact us as soon as possible to report the claim. Document the damage with photos, collect any relevant receipts or reports, and provide the necessary information to your insurer. Your insurance company will guide you through the claims process and help you understand the next steps.