Residential Insurance

Homeowners Insurance

Our homeowner’s insurance policies provide a robust layer of protection, safeguarding both your residence and personal belongings from unexpected events such as fire, theft, and natural disasters. By addressing the diverse risks associated with homeownership, we ensure that your most valuable asset remains secure against the financial impact of unforeseen circumstances.

Our policies cover damage or loss to the structure and contents of your home and also include coverage for additional living expenses. This essential feature ensures that, in the event your home becomes uninhabitable, you can maintain a temporary living situation without unnecessary financial strain.

Renters Insurance

For individuals residing in rental properties, our renter’s insurance policies offer crucial protection, safeguarding personal belongings from risks such as theft, fire, and water damage. By providing comprehensive coverage, we ensure that your assets—from furniture to electronics—are protected against unexpected events, minimizing financial vulnerability in the face of loss or damage.

Our renter’s insurance extends to cover liability, offering an additional layer of security. In the event that someone is injured within your rented space, this coverage shields you from potential legal claims and associated costs—and empowers you to navigate potential challenges with confidence.

Fire Insurance

Fire insurance is a specialized form of insurance designed to protect homeowners from the financial devastation caused by fire-related damage to their property. This coverage extends to the structure of your home, including walls, roofs, and attached structures, as well as personal belongings such as furniture, electronics, and clothing.

In the event of a fire, this type of insurance helps cover the costs of repairs or rebuilding, ensuring that you can restore your home to its original condition without bearing the full financial burden. It can also includes additional living expenses, such as housing, meals, and other expenses, if your home becomes uninhabitable due to fire damage.

Flood Insurance

Standard homeowner’s insurance does not cover flood damage, making specialized flood coverage vital for those in flood-prone areas. This targeted insurance addresses unique risks, providing essential protection often overlooked by standard policies.

Flood insurance offers crucial financial protection, covering repairs or replacements for your home, personal belongings, and essential systems like electrical and plumbing.

Additionally, flood insurance accelerates recovery, reducing both financial and emotional strain. It offers peace of mind during storm seasons, allowing homeowners to face these challenges with confidence.

Personal Umbrella Insurance

Our personal umbrella insurance provides an essential extra layer of protection, extending beyond the limits of homeowners, renters, flood, fire, or other primary insurance policies. Designed to shield your assets from significant exposure, it offers coverage for high-cost claims that exceed your standard policy limits.

Once your primary insurance is exhausted, this coverage kicks in to address substantial risks, such as lawsuits, personal injuries, and other significant incidents. Umbrella policies encompass a wide range of scenarios, including bodily injury, defamation, invasion of privacy, false arrest, and funeral expenses.

Landlord Insurance

At Assured Allied Group, we understand that owning rental property is both an investment and a responsibility. Our landlord insurance policies offer tailored protection, safeguarding your property from unexpected events like fire, vandalism, or natural disasters, giving you peace of mind.

We also provide comprehensive liability coverage, so if a tenant or visitor is injured on your premises, you’re protected from legal and financial risks. Our policies also include lost rental income coverage, allowing you to remain financially stable during repairs. So you’re not just protecting your property—you’re securing your investment.

Frequently asked questions

Do I need residential insurance if I rent a property?

While landlords typically maintain insurance for the building’s structure, it is the renter’s responsibility to secure coverage to safeguard personal belongings and address liability concerns. A well-structured renter’s policy is indispensable in mitigating the financial risks associated with personal property loss, damage, or theft and shielding against potential liability claims.

How is the cost of residential insurance determined?

Various factors influence the cost of residential insurance, including location, property age, construction materials, and the level of coverage needed. Understanding these elements allows homeowners to optimize protection and cost efficiency.

What is the difference between actual cash value and replacement cost in residential insurance?

Actual cash value coverage compensates you based on the present market value of your property, accounting for depreciation. In contrast, replacement cost coverage provides reimbursement sufficient to repair or replace the damaged property at current market prices without factoring in depreciation.

Does Assurance Allied Group offer auto, motorcycle, or other vehicle insurance?

We do not currently offer auto or other vehicle insurance policies. Our focus is on providing specialized insurance solutions tailored to meet your specific needs in different areas, such as homeowner’s or renter’s insurance.

Do I need a personal umbrella policy?

A personal umbrella policy is ideal for individuals seeking additional liability coverage beyond the limits of their existing insurance. These policies provide a critical layer of protection for high-cost claims, stepping in when primary coverage is exhausted. Their cost-effectiveness, offering substantial protection at a lower cost than increasing primary policy limits, makes them a strategic choice for those with significant assets or heightened liability risks.