Property Insurance

Identity Theft

What would you do if your financial institution declined your application for a mortgage because you had an outstanding $50,000 debt showing on your credit record, for a loan you NEVER applied for?

Identity theft is becoming frighteningly more common, and there is now coverage available to protect yourself from the increasing costs of recuperating your good credit rating. Coverage can include:

  • Various Legal Costs Incurred
  • Costs incurred for notarizing affidavits or similar documents
  • Long Distance Telephone Calls & Registered Mail Cost
  • Fees for re-application of loans - Lost Wages (Certain limits may apply)

This coverage is typically available as an endorsement on your Homeowners Insurance Policy. Contact us today to inquire further about this coverage.

Umbrella Liability

Personal Umbrella Liability provides excess liability coverage over underlying personal property, watercraft, recreational and automobile liability. It also provides coverage for libel, slander, defamation of character or invasion of rights of privacy, false arrest and liability assumed under some contracts. These coverages are not typically included in a Homeowners Policy. Please contact us today to purchase this coverage.

Homeowners Insurance

For most, owning a home is the biggest investment you will ever make. Wouldn’t you want to make sure it’s protected from any unexpected losses?

Many Homeowners Insurance Policies protect policyholders and their families from loss or damage caused from many different occurrences, such as:

  • Fire, Smoke
  • Lightning
  • Windstorm, Hail
  • Burglary or Theft
  • Water Damage

..... and many more.

Homeowners Insurance Packages typically include coverage for:

  • Dwelling Building
  • Outbuildings or Detached Private Structures
  • Personal Property
  • Additional Living Expenses
  • Legal Liability
  • Voluntary Medical Payments & Property Damage

Call us today to get the best Homeowners Package to suit your needs.

Seasonal/Secondary Dwelling Insurance

Insurance coverages and rates for Seasonal and Secondary Homes are slightly different than Principal Dwellings, for many reasons.

Occupancy is a heavily weighted factor in determining insurance rates on Homes. Typically, rates of insurance for Seasonal and/or Secondary homes are higher due to the fact that there are usually brief periods of unoccupancy. Homes that are sometimes unoccupied can be more susceptible to things like burglary or theft. In instances such as fire, it is difficult to avoid substantial damages if the cause is not averted in a timely manner.

In most cases, your insurance company may require that you visit or have your secondary/seasonal dwelling inspected atleast once every 30-60 days.

Call us today to get a quote on your Secondary or Seasonal Home.

Rented Dwelling Insurance

Properties that are purchased and rented as an investment opportunity is becoming more and more popular. Renting your house to a stranger can be a big enough risk in itself, which is why it is very important to secure the proper insurance coverage, in order to protect your investment.

At Roughley Insurance, we offer Rented Dwelling Insurance packages at a reasonable cost. These packages include coverages such as:

  • Dwelling Building
  • Landlords Contents
  • Outbuildings and Detached Private Structures
  • Legal Liability - Voluntary medical payments & Property Damage
  • Rental income

It is also highly recommended that you ensure that your tenant purchases Tenant Insurance while they rent your home, for several reasons. Firstly, many tenants are not aware that their belongings are not covered under a Rented Dwelling Insurance Policy that the Homeowner carries. Secondly, if your tenant causes damage to your property, they can be held legally liable for those damages. A tenant insurance policy can provide them with the liability protection should you, the homeowner, decide to take legal action for these damages.

Call us today to arrange coverage for your Rented Dwelling.

Condominium Unit Owners Insurance

Understanding insurance needs for a condominium can be somewhat confusing. This is because Condominium Unit Owners are not typically responsible to secure coverage for the Building should there be a loss. In most cases, insurance coverage for the Condominium building is incorporated into your Property Maintenance fees that are paid to your Condominium Corporation or Property Manager. There are, however, other types of coverages that are necessary to have.

Condominium unit owners share in the responsibility of protecting the common elements. Common elements are areas that are shared by all unit owners, such as hallways, lobbies, pools, parking garages, elevators, etc. Loss Assessment coverage is included in many Condominium Insurance packages, and provides protection if you were to be assessed responsibility for a portion of a loss that may involve a common element.

Condominium Unit Owners will sometimes choose to renovate, or upgrade certain fixed portions of their Unit, such as flooring and cabinetry. Coverage for Betterments and Improvements are included in most Condominium Insurance Packages.

Call us today to arrange the best Condominium Unit Owners Insurance Policy to suit your needs.

Tenant Insurance

Over 50% of renters do NOT carry Tenant Insurance (Contents Insurance). Most of these people do not carry this coverage because they don’t know how important it is, or do not want the extra expense. Tenant Insurance Policies can provide coverage for losses such as:

  • Fire, Smoke
  • Theft & Vandalism
  • Windstorm, Hail
  • Legal Liability for you and your family should you cause Bodily Injury or Property Damage to someone else, including damage to the dwelling you reside in. -
  • And Many more…..

What would you do if your apartment building suffered a major fire, and all of your belongings perished in the fire? Are you prepared to start over? Tenant Insurance is VERY affordable, and strongly recommended for every renter. There are many factors that determine premiums for Tenant Insurance, but in many cases, these premiums can be as low as $12/month for $25,000 in contents coverage.

Call Us Today!