Harrington Homeowners Insurance

Your Complete Guide to Harrington, DE, Homeowners Insurance

How to connect with a local independent agent

Harrington, DE, is rich in history and small-town charm. When you're one of over 3,646 residents that live here, proper protection is necessary. Your homeowners insurance policy was designed with coverage that protects your largest asset. 

An independent insurance agent can help find insurance that is adequate and sufficient. Since they work with several carriers, you'll have options. Connect with a local expert to get multiple quotes. 

How to Have Coverage for a Disaster on Your Harrington, DE, Home Policy

If a natural disaster occurs and causes damage to your home, proper coverage should be accurate. To avoid financial ruin or worse, your home insurance should cover the most common catastrophes in Harrington. Take a peek at the top exposures in Harrington, DE.

  1. Hurricanes and tropical storms
  2. Heavy snow
  3. Severe storms and lightning damage
  4. Burglary and other property crimes
  5. Flooding and water damage

Here are Harrington's weather-related statistics

The number of natural disasters in Harrington: 13

Major presidentially declared disasters in Harrington: 8 

Emergencies declared in Harrington: 5

The reason for these natural disasters is due to numerous weather-related factors. Your home policy should have coverage for everyone that would be a threat to your property and family. Let's look at the top three causes in Harrington, DE.

Hurricanes: 6 declared as a disaster

Snowstorms: 2 declared as a disaster

Winter storms: 2 declared as a disaster

Here's why you need flood insurance

Contrary to popular belief, your homeowners insurance does not have coverage for flood damage. In order to have protection, you'll need to get a separate flood insurance policy. You can obtain FEMA approved quotes through a licensed professional. 

Does Your Harrington, DE, Home Insurance Cover Burglaries?

Is your home protected from a burglary in Harrington, DE? Most policies will have coverage for theft and vandalism. However, your limits are up to you. In the meantime, look at the burglaries per 100,000 households below.

  • National average: 376.00
  • Delaware average: 326.50
  • Harrington average: 573.90

Your dwelling, personal property, medical payments, and loss of use limits could all be necessary if a break-in occurs. In Delaware, there have been over 118,821,000 claims reported in 2019 alone. Harrington, DE's, median household income is $43,533, making it difficult to pay for a larger loss out of pocket. 

How Is Your Harrington, DE, Home Insurance Premiums Determined?

There are numerous risk factors carriers use to determine your homeowners insurance costs. Some will be under your control, while others will not. First, let's look at the average homeowners premium.

  • National average: $1,211
  • Delaware average: $833

Here are the risk factors the carriers use

  • Where you live
  • How many claims you've filed
  • How new your house is
  • How close you are to a fire department
  • How close you are to a fire hydrant
  • The materials of your home
  • Your credit score
  • If you have a pool, trampoline, or pet
  • The square footage of your home
  • How much it costs to replace your home

Risk factors you can improve

  • Improving your credit score
  • Filing fewer insurance claims
  • Updating your roof, electrical, plumbing, or heating

To get immediate savings, consider bundling your home and auto insurance policies. When you put all your coverage with the same carrier, they reward you. Most companies will give a 30% discount or more. 

Liability Insurance Options in Harrington, DE

As of 2020, there have been 5,511,270,000 home insurance losses in the US. The most used coverage on your home policy is liability insurance. Homeowners liability insurance will defend household members against the following:

  • Bodily injury to others
  • Property damage to others

Another way to have protection for a more substantial claim is through umbrella insurance. Umbrella insurance will provide an additional limit of liability when your underlying policy has been exhausted. Coverage starts at $1,000,000 and goes up from there. 

How to Insure Your Airbnb in Harrington, DE

The average monthly rent in Harrington, DE, is approximately $851. If you own a short-term rental in Harrington, you'll need different coverage than your primary home policy. Landlord insurance will provide protection for any risk exposures you may have.

It will give insurance for revolving third party tenants as well as your interests as the owner. There are several landlord policies on the market, and not all of them will provide coverage for an Airbnb. To have the right insurance, consult with a professional. 

Connect with an Independent Agent in Harrington, DE

Your Harrington, DE, home is likely one of your largest assets. When you have inadequate protection, you could find yourself at risk. In order to replace and repair your property, protection should be carefully considered.

Fortunately, an independent insurance agent can help. They work on your behalf at no cost so that you can relax. Connect with a local expert on TrustedChoice.com to get quotes started today.

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TrustedChoice.com Article | Reviewed by Jeffrey Green

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