All City Insurance Blog

Buying a new home is one of the biggest investments you’ll ever make, and protecting it is essential. That’s where home insurance comes in. Home insurance in NY, also known as homeowners insurance in NY, provides financial protection in case of damage or loss to your home and personal property. With so many options available, it can be difficult to know what to look for in a home insurance policy. In this article, we’ll discuss what a new home insurance plan should include and how to choose homeowners insurance in Queens, NY.

What should homeowner insurance in NY cover?

A standard homeowners insurance policy in Bayside, Queens, NY should include the following coverage options:

• Dwelling coverage: This covers damage to the structure of your home and attached structures, such as a garage.
• Personal property protection: This covers your personal belongings in case of theft, damage or loss.
• Liability protection: This covers you in case someone is injured on your property and sues you.
• Other structure coverage: This covers structures that are not attached to your home, such as a shed or detached garage.
• Building code coverage: This covers the cost of upgrades or improvements needed to meet current building codes.
• Universal perils: This covers damage or loss due to perils such as fire, theft, vandalism and natural disasters.

What is mandatory for a new home insurance plan in Queens, NY?

In addition to the above coverage options, there are a few other things that are mandatory for a new home insurance plan in NY. These include:

• Deductibles: This is the amount you will pay out-of-pocket before your insurance coverage kicks in. You can choose a higher deductible to lower your premium, but make sure you can afford the deductible if you need to make a claim.
• Personal belongings coverage: Make sure your policy includes enough coverage to replace your personal belongings in case of theft, damage or loss.
• Approximate Structure: Make sure you have an accurate estimate of the value of your home to ensure that you have enough dwelling coverage in case of damage or loss.

At AllCity Insurance, we understand the importance of protecting your home and personal belongings. That’s why we offer a variety of home insurance options in Bayside, Queens, New York to fit your needs and budget. Our team of experienced professionals will work with you to create a customized policy that provides the coverage you need and taking into consideration local peculiarities of Bayside, Queens. Plus, when you choose AllCityNow, you get 24/7 access to our online portal, making it easy to manage your policy from anywhere.

In conclusion, choosing the right home insurance policy in New York is essential to protect your investment and personal property. Make sure your policy includes all the coverage options you need, and work with a trusted insurance brokerage company in Queens, NY like All City Insurance to ensure you get the best policy for your needs. And remember, just like car insurance is required by law, home insurance can give you peace of mind knowing you’re covered in case of an unexpected event.