Home Owner Insurance

Complete Insurance Agency can help you get the best New Jersey home insurance, hazard insurance, and jewelery insurance. Your New Jersey home is one of the biggest financial investments you will make. Protect your house — and your possessions — with homeowners insurance from Complete Insurance Agency. For homeowners, insurance protection is an important aspect of homeownership. Buying homeowners insurance, or home insurance, means buying protection for your home — both inside and out.

If you already know what kind of home insurance policy you need, get a homeowners insurance quote today. Complete Insurance Agency provides homeowners home insurance, hazard insurance, condo insurance, and renters insurance all over New Jersey. We find the best New Jersey home insurance for your needs. Contact us today to learn more about home insurance. Get a FREE New Jersey home insurance quote today!

Here at Complete Insurance Agency, we recognize the accountability that comes with being a homeowner—furthermore we understand how important it is to protect your home, and those who live inside, with comprehensive home insurance in New Jersey.

We are proud homeowners too—exactly why we are dedicated to helping you navigate through this very valuable policy decision. You’ve worked hard to secure yourself a safe and comfortable place to call your own—now the next step is protecting you and your property from an array of risk exposures.

In order to secure you the most appropriate coverage, it’s important that we take the time to fully understand your individual needs—because let’s face it, every home and New Jersey homeowner is different.

As a well-established independent insurance agency we have the ability to shop multiple carriers nationwide, comparing rates and resulting in the best possible home insurance in New Jersey. No matter where you are located across the state—we’re here to help you protect what matters most!

A basic New Jersey homeowners insurance policy will include protection for the following four types of coverage:

• Coverage for the structure of your home.

• Coverage for your personal belongings.

• Liability protection.

• Additional living expenses in the event you are temporarily unable to live in your home because of a fire or other insured disaster.

Damage caused by disasters can also be covered by your home insurance. New Jersey residents can also benefit from customized protection against floods, earthquakes, and poor maintenance that often cause damages.

Looking for specialty coverage, for those unique exposures vulnerable within your standard policy for home insurance in New Jersey? Don’t hesitate to ask one of our expert insurance professionals about additional endorsements that can be purchased to enhance your home insurance! New Jersey clients can choose from a handful of extra coverage options, including:

• Valuable Articles/Floater Insurance policies (i.e. Jewelry Insurance)

• Flood Insurance policies

• Earthquake insurance policies

• Umbrella Insurance policies (additional liability)

• Animal Liability (liability issues due to household pets)

Coverage for the structure of your home

Your homeowners’ policy pays to repair or rebuild your home if it is damaged or destroyed by fire, hurricane, hail, lightning or other disasters listed in your policy. … A standard policy will not pay for damage caused by a flood, earthquake or routine wear and tear. Most homeowner’s insurance policies have a minimum of $100,000 in liability coverage. But you should buy at least $300,000—and $500,000 if you can. Liability is the greatest buy in the insurance world, so purchase as much as possible., we break down the different types of homeowners insurance policies — including what they do and don’t financially protect you against.

Coverage for your personal belongings

Your furniture, clothes, sports equipment and other personal items are covered if they are stolen or destroyed by fire, hurricane or other insured disasters. … Trees, plants, and shrubs are also covered under standard homeowners insurance—generally for about $500 per item.Typical homeowners insurance policies offer coverage for damage caused by fires, lightning strikes, windstorms, and hail. But, it’s important to know that not all-natural disasters are covered by homeowners insurance. For example, damage caused by earthquakes and floods are not typically covered by homeowners insurance.

What Is The HO-3 Policy?

As we said, the HO-3 home insurance policy is the most commonly purchased home insurance policy because the policy encompasses all the coverage that most homeowners need. Also known as the “Special Form Homeowners Policy”, it provides excellent coverage for your house as well as your personal property. The HO 3 policy is a hybrid policy, which means that it is a combination of two different policies: the “open perils” policy and the “named perils” policy, and yes, we are going to explain these two terms to you.

An “open perils” policy provides full coverage for your home and personal property whatever the cause or danger maybe unless your policy specifically names and excludes it. Therefore, the policy doesn’t list what perils it’s got you covered for; it does the opposite and lists the perils that you aren’t covered for. So if a  particular peril isn’t on the list, it’s definitely covered. A “named perils” policy, on the other hand, only provides coverage for reasons that policy specifies.

In the case of an HO-3 policy, your house or dwelling is provided an “open perils” coverage while your personal property (contents of the house) is covered on “named perils” basis.

So now that we’ve understood the basic concept behind an HO-3 policy, let’s take a look at the excluded and included perils for your house and personal property, respectively.

It should be noted that coverage for earthquakes, water damage (unless sudden or accidental damage in which case it is already included in your policy), and collapse can be added to your policy (also known as “endorsement”).

What Perils Are Included For My Personal Property?

The following causes or perils are provided coverage for, with regard
to your personal property, in an HO-3 policy:

• Smoke
• Vehicles
• Theft
• Fire or lightning
• Explosions
• Riots or commotions caused by civilians
• Hail or windstorm
• Aircrafts
• Volcanic eruptions
• The effects of heavy snow, ice or sleet
• Freezing
• Sudden and accidental cracking, burning, bulging or tearing apart
• Vandalism
• Discharge or overflow of an accidental nature of water (from a stream
  or otherwise)
• Sudden or accidental damage from electric currents that are
  artificially generated