Homeowners

What does your home mean to you? Like many people, home is a place of warmth and security. So what happens when your home is damaged or destroyed? Will the insurance policy you purchased replace what you lost, or are you covered by a “cookie-cutter” policy that came with the lowest price?

It’s bad enough to lose your home. You shouldn’t have to suffer a second loss because of an inadequate homeowners’ insurance policy. Almost 60% of homes in the United States are underinsured by an average of 22%. Are you one of the 60%? (Source: Marshall & Swift/Boeckh, 8/16/2005)

DSBIS understands the needs of the homeowner, whether it’s a cozy brick duplex in Trolley Square, a beachfront home in Rehoboth, or a sprawling estate in the Brandywine Valley. Some of the services provided for homeowners include:

• Thorough review of existing policies to identify possible areas of concern
• Detailed proposal of coverage, including comparison with current policies
• Complimentary home inspection, including a home replacement cost estimate (*This service varies with each carrier.)

*Some of the coverage features available:

• Guaranteed Replacement Cost coverage for the home
• "Open Perils” coverage on your personal property – instead of proving you have coverage for a loss, the insurance company must determine no coverage is provided.
• Deductible options from $500 to $50,000
• Deductible waiver for losses that exceed $50,000
• Enhancements including Identity Fraud Protection, Kidnap and Ransom, Water Back-up, and In-home Business coverage.

*All coverage/services may not be available with every insurance company or in every situation.

For additional information, click here or contact Aaron Mitchell at (302) 658-8055.


10 Questions Homebuyers Should Ask Before Buying a Home

(This section is courtesy of the Chubb Group of Insurance Companies. This information is advisory in nature. Neither Chubb nor its employees or DSBIS shall be liable to any party for the use of any information or statements made or contained in any evaluation, report, or recommendation.