Homeowners Insurance in Montgomery, AL
Homeowners insurance is critical for protecting your property. If you need a policy, Global Insurance and Services is here to help.
What Is Homeowners Insurance? 
Homeowners insurance may protect your home and personal belongings in the event a covered peril damages or destroys your property. In general, a homeowners policy may include the following key areas:
- Dwelling coverage may cover the physical structure of your home and any attached structures.
- Personal property coverage may cover the repair or replacement costs of your appliances, clothes, furniture and electronics.
- Liability coverage may cover legal and medical expenses if you’re found liable for property damage or bodily injuries to another party.
- Additional living expenses may cover temporary shelter, food and other costs if your home becomes uninhabitable due to a covered peril.
Do I Need Homeowners Insurance?
While homeowners insurance is not required in many states, your mortgage lender may still require proof of policy. Even if it’s not mandated, carrying adequate homeowners coverage is always a good idea as it can shield you from losses in case your home gets damaged or destroyed.
How Do I Get Homeowners Insurance?
Contact Global Insurance and Services today for a personalized quote.
Frequently Asked Questions
Fires, theft and other unexpected events can cause serious financial strain. Homeowners insurance, also known as home insurance, is designed to ease that burden by helping cover the costs of damage or loss.
What Home Insurance Covers
A homeowners insurance policy often includes the following:
- Dwelling coverage may reimburse costs to repair or rebuild your home’s physical structure if a covered peril damages it.
- Other structures coverage may cover damage to detached structures on your property. These often include fences, sheds, detached garages and guest houses.
- Personal property coverage may offer financial support if your belongings, like furniture, electronics and clothing, are damaged, destroyed or stolen.
- Liability coverage may cover legal expenses, medical bills and settlements if another person is injured on your property or if you accidentally cause damage to someone else’s property.
- Additional living expenses may help pay for temporary housing, meals and other essential costs if a covered event forces you out of your home.
How Long Do Home Insurance Claims Stay on Record?
Homeowners insurance claims are typically recorded in a database called the Comprehensive Loss Underwriting Exchange (CLUE). Most claims remain in your CLUE report for five to seven years from the date they are filed. During that time, the claim may be visible to insurance companies when you apply for new coverage or when your existing policy comes up for renewal.
How Much Does Home Insurance Cost?
Factors that influence your premium include:
- Your home’s characteristics, including age, square footage, construction materials and roof type
- Location
- Coverage limits and deductible
- Claims history
- Credit-based insurance score
- Safety and security features
When Is Home Insurance Required?
Alabama law does not require homeowners to carry homeowners insurance. However, going without coverage means absorbing all potential losses entirely on your own. In most cases, mortgage lenders may also require proof of homeowners insurance before proceeding with closing on a property.
Where Can I Get Homeowners Insurance?
Whether you need a new policy or want to review your current coverage, Global Insurance and Services is here to help. Contact us today to speak with an agent.
