Property Insurance in Greenville SC

As part of your homeowner’s insurance rate, you may consider bundling in property insurance, which is oftentimes encompassing. Home insurance is an overarching term that can include many aspects of your home: property, personal belongings , additional living expenses, replacement costs or liability for you or a visitor of your household. With the option to tack on these expenses, you may see your policy rate increase. We walk you through why you shouldn’t compromise on additional property insurance in your home policy.

Why Get Property Insurance?

While the cost of homeowners insurance can vary based on many factors like location, age of the house, construction, additional property (swimming pools, garages etc…), home-based businesses and type of coverage, you might find that based on these factors, your home insurance rate is less than you expect. With that in mind, property protection is a must in your coverage plan. By insuring your property, you’re guaranteeing financial relief in the event that something or someone damages your property. In fact, unlike South Carolina’s car insurance laws, homeowners in South Carolina do not have to have a state minimum, BUT they must take out a home insurance policy to receive a mortgage. Home insurance often already includes property insurance, however, you can elect to pay for as much or as little home property insurance as you need.

How Much Property Insurance Do I Need?

At Advisors Insurance in Greenville, we walk you through a risk management plan by assessing your valued items, your savings, your mortgage and what you can then afford to pay for a homeowner’s policy. We come up with a personal plan for your home insurance so you can rest easy knowing that a professional guided you through the process and you receive maximum financial recovery in the event something happens to your home. We recommend that you always take out additional property coverage in your home insurance plan to cover the following (if applicable)…

• Garages
• Construction aspects of home i.e. roofing, decks, etc.
• Fencing
• Driveways
• Likelihood of natural disasters

While the cost of these items on your home’s property may seem vast, in all reality, by assessing your financial risk surrounding each piece of your property, your policy actually doesn’t increase that much. This is because over time, as you pay for your policy, the monthly fee does not reflect the cost of each of these items separately, but the cost of the likelihood and payout that these items will need over time.

Contact Advisors Insurance in Greenville SC

Get in touch with our South Carolina insurance experts to see how we can get you the best policy for your home today! We work with multiple insurance lenders to help scan for the best rate and often can bundle in items like car insurance, life insurance and more when you select to use one lender over the next. Whether you live in Columbia, Sumter, Simpsonville SC or beyond, our team is here to help you in person or over the phone today!