Home Insurance in Oregon
Whether you live in Lafeyette, Dayton, or Yamhill, your home is your respite from the world. You’ve spent a lot of effort turning it into a safe, welcoming and comfortable environment for you and your family. Don’t risk having it all taken from you in the blink of an eye due to an unforeseen loss. Protect yourself, your family, and your peace of mind with a comprehensive homeowner’s policy from Barlow Insurance.
What is homeowner’s insurance?
Homeowner’s insurance is intended to return your home to its original condition following a loss. Without a homeowner’s policy that includes adequate limits based on your specific needs, you could incur hefty bills as the result of a loss.
Why do I need homeowner’s insurance?
If you have a mortgage on your home, your lender will require underlying insurance. Even if you don’t have a mortgage, adequately covering you home will save you time, and most importantly money, in the event of a loss.
There are six major portions to any homeowner’s policy, which are described below. When you receive your Barlow Insurance quote, you will typically see prices associated with each of these coverages:
- Dwelling Coverage
This section covers your home (also known as the “dwelling”) in the event of a loss. The most the policy will pay is set forth in this section.
- Other Structures
This section covers detached structures (i.e. detached garages, pools, fencing, etc.), and is typically a percentage of coverage A.
- Personal Property
The best way to understand what this section covers is by imagining that you can pick up your house, and turn it upside down. Anything that would fall out will be covered under personal property.
- Additional Living Expenses
This section covers additional expenses you incur as a result of being unable to reside in your home, above and beyond your normal expenses. Typical examples would be hotel stays, the additional cost of food, etc.
Liability coverage extends not only to your residence premises, but in most cases, to anywhere you are. This section covers damage to others, which includes damage to the property of others (i.e. your tree falls on a neighbor’s home), as well as physical injury (i.e. a friend slips and falls on your front steps).
- Medical Payments
This section covers immediate medical expenses arising out of a liability claim, such as paramedic services, ambulance rides, etc. Medical payments are generally applied regardless of fault.
What does homeowner’s insurance NOT cover?
Each carrier has their own benefits and special coverages, so having a qualified, knowledgeable homeowner’s agent on your side can help you easily navigate what can be a confusing maze. The agents at Barlow Insurance will be happy to review your policy for any gaps in coverage, such as special limits for jewelry or firearms.
What discounts can I get on my homeowner’s insurance?
Despite the differences in coverage, most carriers offer discounts for not having submitted any claims within a specified amount of time (usually three or five years), for protective devices such as deadbolt locks and monitored alarms, as well as for a high credit score. The agents at Barlow Insurance can also counsel you on how to save additional money, such as raising deductibles or bundling multiple policies together.
What should I avoid when purchasing homeowner’s insurance?
The most common problems associated with homeowner’s insurance are having inadequate coverage limits, and not understanding what is specifically covered under a policy, as well as what isn’t. Your Barlow Insurance agent will sit down with you to gain a clear understanding of exactly what kinds of coverage you need, what limits should be present on your policy, and will then thoroughly review your policy with you to ensure your complete understanding.
Helpful Home Insurance Links
How can Barlow Insurance help me with my homeowner’s insurance?
Barlow Insurance specializes in taking the hassle and confusion out of purchasing homeowner’s insurance. We have relationships with the nation’s largest and most trusted insurance companies, which means we’re sure to find the best coverage for your specific needs.
How can I get a homeowner’s insurance quote?
Call Barlow Insurance at (503) 472-6036 or request an Oregon home insurance quote online to obtain your free quote today. Whether you live in Newberg, Carlton, or Willamina, we’ll make sure the process is simple, straightforward, and hassle-free.