With its coastal location, Rhode Island is prone to hurricanes, tropical storms, and heavy snowfall. All of these disasters can wreak havoc on your home and end up costing you thousands or even more in repairs. That's why having a solid homeowners insurance policy is critical
An independent insurance agent in East Providence can help you get the coverage you need, and deserve. They'll get you set up with homeowners insurance from a local carrier at a great rate. But before we jump too far ahead, here's a breakdown of homeowners insurance in East Providence, RI.
What Is Homeowners Insurance?
Homeowners insurance is a type of coverage to help protect property owners from financial losses related to their homes. Covered disasters often include fire damage, vandalism, theft, hail, and more. Home insurance can reimburse you for damage to your home's structure, your contents or personal property, your personal liability, and loss of use if you can't stay in your home for a while.
What Does Homeowners Insurance Cover in East Providence, RI?
Standard homeowners insurance policies in East Providence typically come with four essential coverages:
- Dwelling coverage: Covers your home's structure against perils like hail damage, vandalism, falling objects, and more.
- Contents coverage: Covers your personal property like collections, electronics, clothing, etc., against perils like theft, fire damage, mysterious disappearance, and more.
- Liability coverage: Covers your legal expenses if you get sued by a third party for claims of bodily injury or property damage.
- Additional living expenses: Covers your additional expenses if you have to stay somewhere like a hotel while your home is undergoing extensive repairs due to a covered disaster.
Don't worry about memorizing these coverages or not knowing what to seek in a good policy. Your local independent insurance agent in East Providence knows exactly what to look for in an ideal homeowners insurance policy.
What's Not Covered by Homeowners Insurance in East Providence, RI?
Though homeowners insurance is designed to reimburse you for losses due to many different disasters, there are some that it must exclude. Common exclusions under home insurance are:
- Insect or pest infestation or damage
- Malicious/intentional acts by the home occupants
- Natural flood or earthquake damage
- Regular home maintenance fees
- Damage from nuclear fallout or war
Having a separate flood insurance policy in Rhode Island is critical considering the state's occurrence of hurricanes, etc. that can lead to flooding damage. Separate earthquake insurance policies are also important to consider to protect your home from these disasters. Your independent insurance agent in East Providence can help you bridge the gap in coverage not provided by a home insurance policy.
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How Much Does Homeowners Insurance Cost in East Providence, RI?
Rhode Island as a whole actually has one of the top ten most expensive rates for homeowners insurance in the nation. Ranking at number six for homeowners insurance costs, Rhode Island's rates average $1,551 annually, compared to the national average of $1,211 per year. Regardless, your local independent insurance agent in East Providence can help you find a policy at an affordable rate, as well as scout out any discounts you may qualify for on coverage.
The Most Common Home Disasters in East Providence, RI
Having a homeowners insurance policy is essential for getting reimbursed after disasters, but these incidents can't necessarily be prevented from actually occurring.
Rhode Island itself is especially prone to these disasters:
- Hurricanes and tropical storms
- Heavy snow
- Severe storms and lightning damage
- Wind damage
- Burglary and other property crimes
Fortunately, your homeowners insurance can reimburse you for many of these incidents. However, you'll need a flood insurance policy to get reimbursement for natural flooding incidents caused by hurricanes and tropical storms, melting snow, etc.
Cheap Homeowners Insurance near Me
It's important not to cheap out on your homeowners insurance, no matter how tempting those low rates may be. But often, a lower home insurance premium can come along with high deductible amounts and low overall coverage limits. With a higher deductible, you'll have to pay more out of your own pocket before receiving reimbursement for a claim.
Lower premiums can sometimes also point to an insurance company that's not as reliable as others. This isn't always the case, but it's still critical to check customer reviews and official ratings from organizations like the Better Business Bureau before signing any contracts with a carrier. Your independent insurance agent in East Providence is also familiar with trustworthy home insurance companies in your city.
What Are the Best Homeowners Insurance Companies in East Providence, RI?
There's no reason to stress about which homeowners insurance company will offer you the right coverage at the best possible rate. Instead, start by checking out some of our top-recommended home insurance carriers in East Providence, RI.
|Top Homeowners Insurance Companies in East Providence, RI||Star Rating|
Why Work with an Independent Insurance Agent in East Providence, RI?
There's no such thing as a one-size-fits-all homeowners insurance policy. With a wide variety of products and options at your disposal, you can put together a solid home insurance package that's custom-built for you and your family.
Independent insurance agents can help you choose the right policies and options to meet your specific coverage needs. Because they're independent, these agents can work with several of the best homeowners insurance companies in Rhode Island to find you the right coverage at a great price.
TrustedChoice.com Article | Reviewed by Paul Martin
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