INSURANCE COMPANIES

Homeowner’s coverage doesn’t have to be difficult to understand. A basic policy will cover the following:

• The structure of your home
• Replacement costs
• Personal possessions (up to a set limit)
• Living expenses in case of a disaster
• Liability

You can also add supplemental policies such as:

• Valuable Articles/Floater policies
• (i.e. Jewelry Insurance)
• Flood policies
• Umbrella policies (additional liability)

When your home is damaged or destroyed, you want an insurance company that will respond quickly with calm efficiency.  SIMPLICITY INSURANCE GROUP can help you find the home insurance that will give you the peace of mind to know you are covered when disaster strikes.

Whether you're a first-time homeowner or about to retire to your dream home, the right home insurance policy can provide you the money you need to repair or replace your home, belongings, or both in the event of a fire, flood, or other covered events.

The Right Choice for Your Home

Homeowner insurance policies differ by the type of residence, value of your belongings, and the level of coverage you choose. You can select different types of insurance based on your personal housing situation and the assets you want to protect. These options include:

Property or Dwelling Coverage pays to repair or rebuild your home if it’s damaged or destroyed by an insured event like a hurricane or fire.Personal Property Insurance replaces your belongings that were lost, stolen, or destroyed as a result of a covered loss.Additional Living Expenses cover additional living expenses if you can’t live in your home while it is being assessed and repaired from a covered loss.Additional coverage that may also be available:

Personal Liability Coverage – if someone is injured or your property

Medical Coverage – for guests that are accidentally injured on your property

Scheduled Personal Property Coverage – for unique valuables that need separate coverage to ensure their full value is covered

Landlord Protection – for additional risks posted by tenant-occupied dwellings

Umbrella Insurance – for extended coverage when your other insurance liability has been exhausted.

Condo Insurance

Condo insurance protects what your association's insurance does not, including your possessions, repairs to the interior of your unit, and liability claims brought against you, as well as any additions, alterations, and improvements you make to your unit that are your responsibility based on the condo association agreement. Let Insurance Scout Partners help you find the right amount of coverage to suit your condo insurance needs. Various limits of loss assessment coverage are available. Be sure to consult the HOA agreement to determine the potential for such assessments. We can help you determine your coverage needs to make sure you are properly covered.

Protect Yourself and Your Guests

Your condo insurance policy protects you and your family members against bodily injury and property damage liability claims and any litigation that may result subject to the limits you select. You can also select medical payments coverage, with various limits available, which pays for a visitor’s medical expenses if they are injured at your residence regardless of fault.

Extra Coverage For Extra Peace of Mind

We can help you customize your plan with extra coverage. Additional coverage options can provide of peace of mind at an affordable rate.

Many people supplement their condo insurance coverage with personal umbrella liability insurance for broader protection.

If you have special valuable items such as jewelry, art, antiques or collectibles, you might consider valuable articles coverage, which provides broader coverage and no deductible in the event of a covered loss.

Optional loss assessment coverage protects you against certain assessments that may be levied by the association. You would be compensated for additional living expenses incurred should you need to vacate your condo after a covered loss.

Full value personal property coverage ensures that you are reimbursed the full replacement value of your belongings, without regard for depreciation after a covered loss. If you have upgraded cabinets or put in hardwood floors, condo building item coverage protects these investments.

We want to help you find the best combination of coverage, value, and price for you. We can help make sure your condo insurance continually meets your needs.

Contact us today for a free condo insurance quote.

Renters Insurance

You have a lot of things that are important to you – from your clothes and furniture to your sound system, sports gear, and computer -- and you want to feel confident that your treasured possessions are not at risk in the event of theft or damage.  A renters insurance policy can covers your personal property against theft or damage, even if you are away from your home.

A renters insurance policy can protect against certain bodily injury and property damage claims for which you are liable. Legal defense may also be provided in the event you are sued after a covered loss, subject to the limits you have selected.

For small additional premiums, the following can be added to your renters insurance, at a level that fits your needs:

Full value coverage on your personal property, which ensures that you will be paid the full replacement cost of items that are damaged or stolen without deduction for depreciation.

Medical payments coverage which will pay for medical expenses incurred by a visitor who is injured at your residence regardless of fault.

The Right Coverage, The Right Price

Ask about available discounts including burglar alarm credits and account credits for customers who package their auto and/or umbrella policies with their renters insurance policy.

Let us help you find the right amount of coverage to suit your insurance needs. We'll help you choose the renters insurance coverage that best fits your needs. Contact us today for a free renters insurance quote.

Commercial Liability Insurance

Also known as “General Liability,” Commercial Liability Insurance is exactly what it sounds like: a broad type of policy that covers the general liability exposures a business might face during its normal day-to-day operations.

Errors & Omissions Insurance (E&O)

E&O insurance, also known as Professional Liability Insurance, covers professionals for negligence, as well as for errors or omissions that damage their clients or cause damage to a third party’s data. E&O insurance is especially important for licensed professionals such as accountants, attorneys, insurance agents, architects, engineers and technology companies.

Employment Practices Liability Insurance (EPLI)

EPLI for employers covers employment-related liabilities other than on-the-job injuries. This can include both legal fees and damages for suits such as wrongful dismissal, sexual harassment, and other alleged violations of employees’ legal rights. Businesses who have employees are strongly encouraged to put this type of coverage in place.

Directors and Officers Insurance (D&O)

This type of insurance covers directors and officers of a company for negligent acts, omissions, or misleading statements that result in a lawsuit against the organization. A variety of coverage types are available under this policy type, including corporate reimbursement coverage, entity coverage, and more.

Every business is unique, and the insurance plan that works for one business may not work for another. Contact us to find out how to get the liability insurance that best fits your needs.

Umbrella Insurance

Have you ever worried about what you would do if your dog bit someone while on your property, or if someone had an accident in your home? What if you were at fault in a car accident and your insurance didn't cover medical treatment for a victim in the accident?

Situations like these are why umbrella liability insurance exists. An umbrella policy picks up where your homeowners or automotive insurance policies leave off, for additional coverage, often up to a million dollars or more.

Comprehensive Umbrella Policies

Umbrella liability policies cover reimbursement of expenses and legal fees. If someone needs expensive medical treatment or sues you in court, such a policy could prevent you losing your assets, including your home, your savings, and your income. As you can imagine, an umbrella insurance policy can give you great peace of mind.

An umbrella policy offers broad coverage, meaning it not only covers you, but all family members living in your household, including your spouse, no matter where in the world they are.

You don't want your future to be compromised by an incident that exceeds your regular insurance policies. Contact us to discuss what umbrella policy is right for you. We can help you get the right coverage in place.

Flood Insurance

Many homeowners aren’t aware that standard home insurance does not cover flooding. With the increase in severe weather conditions in the United States over the last few years, this can present a crisis for those whose homes are not covered when intense rain, hurricanes, or tropical storms strike.

To help protect homeowners, renters, and business owners with flood insurance, Congress created the National Flood Insurance Program (NFIP) in 1968. Communities in high-risk areas for flooding work with NFIP to bring help to reduce the danger of flooding. If standards set by FEMA (the Federal Emergency Management Agency) are met or exceeded, participating communities are included in flood insurance programs that make this insurance affordable and accessible.

If you take out a flood insurance policy, you can select from one or both of two kinds of insurance. The first, building insurance, is exactly what it sounds like: insurance that covers a building, like a home or an office, if it's damaged in a flood.

Building insurance covers the structure of the building and its foundation, as well as the electrical and plumbing system. It also covers heating, ventilation, and air conditioning elements, like central air conditioners and furnaces, and water heaters. Major appliances can be covered by building insurance: stoves, dishwashers, and refrigerators. Building insurance also covers flood-damaged permanent carpeting that is installed over unfinished flooring.

The second type of flood insurance available covers the contents of a building. This can be purchased by building owners and by renters. This type of insurance covers personal belongings, such as clothing, electronics, window treatments, portable air conditioners, small appliances, clothing washers and dryers, and carpeting that is not already covered by building insurance.

Replacement Cost Value (RCV) is what you would need to spend to replace your damaged property. This applies to owners of single-family, primary residences for up to 80 percent of the building replacement cost, depending on the policy.

Actual Cash Value (ACV) is calculated by subtracting physical depreciation from the Replacement Cost Value at the time the property is lost, and is always used to reimburse the loss of personal property because of wear and tear.

Contact us to get a free flood insurance quote.