For most of us, buying a home is the largest and most important investment in our lifetime. With this in mind, we understand that it is equally important to properly protect that investment at a competitive rate.
INSURING A NEW HOME PURCHASE
We recommend beginning with a short consultation so that we can better understand your insurance needs and provide you with the most competitive quote. We leverage our relationships with a variety of insurance companies to offer you the best rates. If you choose to work with the Hudson Group Insurance Agency, we will work with your mortgage company and attorney through the closing to get the job done, and will insure your new home in a timely manner.
CONDOMINIUMS AND COOPERATIVES
Co-op and Condo boards may require that you have this type of insurance for liability purposes before they accept you into the association. This type of insurance also protects your personal belongings and rental accommodations should your condo or co-op be deemed inhabitable due to damage from a fire, storm or other occurrence. In most instances, it is wise to check with the board to know what their current plan offers. Always ask your association board and mortgage company what you will be required to purchase.
Renters Insurance provides protection for your personal belongings, liability coverage, and rental accommodations should your apartment be deemed inhabitable as a result of a fire, storm or other occurrence.
INVESTMENT PROPERTIES / MULTI-FAMILY RENTAL PROPERTIES
Dwelling and Fire Policies are designed for landlords and non-owner occupied residences. These policies protect investment properties for their replacement costs and save premiums by focusing on landlord exposure only.
If your family is ever held liable for a loss, an umbrella policy will place a large sum of funds between suing parties and your assets. If you own substantial assets, this type of protection is strongly recommended. Standard limit options range from $1 million to $5 million over standard auto and home liability limits.
These are endorsements or policy additions that will specifically insure expensive belongings such as jewelry and fine arts to their proper replacement cost values. This is necessary protection for coverage on all expensive jewelry, fine arts, collections, furs, etc.