Homeowner’s Insurance 101
At Corrigan, we believe that educated consumers make for happy customers.  In fact, the greatest compliments we can receive are referrals from happy customer.  We believe that before you purchase a product from us, you should fully understand what you are getting in return. 
That being said, let’s take a look at the three main categories of thought pertaining to homeowner’s insurance:

• Your home and other structures:  This provides coverage for your home and other structures such as a shed or detached garage.  
• Personal Property: This coverage protects the homeowner’s household contents and personal belongings—essentially everything in your house down to your VCR and sofa.
• Personal Liability: This coverage protects the homeowner if someone is injured on your property or you damage property that belongs to others, you could be held legally liable for the injury or damage.  A homeowner policy provides liability and personal property insurance to financially protect you should this ever occur.

Many people who rent or own a condo don’t have access to Homeowner’s liability insurance.  However you still need coverage for your household contents and personal belongings, and liability. 

Corrigan’s Home Owners Insurance
At Corrigan we know how much your home means to you.  That’s why we know how important it is to protect your home and personal property with the right home insurance coverage from Corrigan.
Corrigan provides home owners insurance that protect your home from damage and theft due to:

• Fire and lightning
• Windstorm and hail
• Weight of ice or snow
• Smoke damage
• Falling objects
• Freezing damage
• Theft
• Vandalism
• Accidental overflow from plumbing
• Accidental electrical damage to appliances
• Damage by vehicles

In addition to damage and theft, it’s important to realize that your need to protect yourself, your family, and others while living or visiting in your home.  Our insurance also covers:

• Personal liability for you, your spouse, relatives living with you and persons under 21 in your care
• Protection against claims you're legally obligated to pay
• Payment of the cost of defending claims against you
• Medical expenses of others
• Accidental death benefits

Ways to Save on Homeowners Insurance
There are many ways in which you can save on homeowners insurance with Corrigan. You can reduce your cost of homeowners insurance by taking a few proactive steps toward safety in the home:

• Monitored fire and burglar alarms
• Local ultrasonic burglar alarms
• Fire extinguishers
• Deadbolt locks on all exterior entryways
• Sprinkler systems
• Condo insurance combined with auto insurance

Additional items covered under your Homeowner’s Policy
Homeowners insurance policies typically provide basic protection for your property. But they may not provide all of the protection you want or need. Consider these additional homeowners insurance coverage options to tailor a policy that’s right for you.
Scheduled personal property
Provides additional homeowners insurance coverage for high value items such as jewelry, watches, antiques and fine art.
Replacement cost plus
Can pay up to an additional 20 percent of the home coverage limit if there is a total loss of your home – and additional money is needed to rebuild.
Extended replacement cost on contents
Pays to replace or repair personal property without depreciation being taken from the value of the property.
Water backup of sewer
Broadens the coverage for loss due to water backup through sewers or drains.
Ordinance or law
Pays for increased expense to rebuild due to current building codes or ordinances

What are the factors that effect Homeowner’s Insurance?

1. How the home/dwelling is constructed (frame, brick, masonry)
2. The size of the home/dwelling
3. How old the home/dwelling is and what condition it’s in
4. When the home was last renovated \ what systems were updated such as plumbing, electrical, furnace, roof, etc.
5. Location of home/dwelling
6. Proximity to local fire protection
7. Presence of safety features (smoke detectors/fire alarm system, security system, sprinklers, etc.)
8. Previous claims history on the property and owner
9. Probability of certain types of peril (hurricanes, tornadoes, hail, windstorms, for example)
10. Full-time residence or seasonal; occupied or vacant
11. Deductibles, coverage, and benefit limits selected
12. Homeowner's credit history