Why Homeowners Insurance?
Homeowners Insurance with The Hood Insurance Agency
As a homeowner, safeguarding your investment through the right insurance coverage is crucial. Homeowners insurance protects your home and personal property from unforeseen damages or losses. There are various types of homeowners insurance policies available to help you make an informed decision on the best policy for your needs.
At Hood Insurance Agency, based in Lynnwood, WA, we recognize that your home is a major investment, which is why we work hand in hand with you to protect it with a homeowner’s insurance policy that protects this dream investment. So whether you have found the perfect starter home, recently completed your custom dream home, or have something in between, let us help you protect the life you have made in your home.
Why Homeowners Insurance?
1. Protects Your Investment
A home is one of the most significant investments a person can make. Homeowners insurance helps to protect this investment by covering the cost of repairs or replacement in case of damage or destruction. This includes damage caused by natural disasters such as hurricanes, tornadoes, and earthquakes.
2. Provides Liability Coverage
Homeowners insurance also provides liability coverage, which protects homeowners from legal and financial consequences if someone is injured while on their property. This includes medical expenses, legal fees, and damages awarded in a lawsuit.
3. Protects Personal Property
Homeowners insurance also covers personal property inside the home, such as furniture, electronics, and other belongings. In case of theft or damage, the insurance company will provide reimbursement for the cost of the items.
4. Mortgage Requirement
Many mortgage lenders require homeowners to have homeowners insurance as a condition of the loan. This is to protect the lender’s investment in the property and to ensure that the homeowner can continue to make mortgage payments in the event of damage or loss.
5. Peace of mind
Perhaps most importantly, homeowners insurance provides peace of mind. Knowing that your home and personal property are protected in case of unexpected events can help reduce stress and anxiety.
Why Partner with Hood Insurance Agency
Whether you own a neighborhood retail store, a 500-employee office, a fleet of automobiles, a general contracting company, or a real estate portfolio, at Hood Insurance Agency we have the knowledge, experience, and staff to provide you with the customized, individual service you require, as well as the insurance markets and cutting-edge tools necessary to accurately and effectively underwrite your business!
Our service doesn’t end once you become a client. Once you become a part of the wolfpack, our dedicated team on insurance experts will be there to assist you with all of your policy service needs including renewal reviews, claims handling, audit assistance, and so much more. We are passionate about helping business owners in Lynwood, WA get the coverage they need. Contact us today to learn more about our business insurance services and how we can help you!
How Homeowners Insurance with The Hood Insurance Agency can help:
There's a fire in your kitchen
You act quickly and prevent a grease fire from getting out of control, but smoke damages the counters and cabinets in your kitchen.
Coverage:
Property coverage in your policy can help if your house is damaged by fire and/or smoke
Thieves strike while you are away
You return from a family vacation to discover thieves have stolen electronic equipment from your media room.
Coverage:
If your possessions are stolen, damaged or destroyed in an insured loss, your coverage can help replace them, up to the policy’s stated limits.
A visitor is injured
A guest at your annual Fourth of July barbecue trips on the steps between your deck and the lawn — fracturing his wrist when he falls against a stone retaining wall.
Coverage:
Medical payments coverage can cover the medical costs if a visitor is hurt on your property, regardless of liability.
A tornado hits
You heard the warning sirens and escaped uninjured, but you can’t live in your house while tornado damage is repaired.
Coverage:
Coverage for additional living expenses can help with the extra cost of temporary relocation caused by a covered event.
Workers' Compensation
Your jewelry is stolen
You mastered the basics of surfing during lessons in Hawaii — but your wedding ring is stolen.
Coverage:
With personal possessions coverage, lost jewelry is covered up to your policy limits.
You lose your passport
While on vacation in Europe, you lose the tote bag that has everyone’s passports.
Coverage:
Your homeowners policy can help with the cost of replacing passports and other valuable papers.