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A Consumers Guide to Homeowners Insurance

Source: www.mass.gov
Topic: Home Insurance

Sort Desciption: How Do I Find Companies that Sell Homeowners Insurance? ... information on obtaining homeowners insurance through The FAIR Plan is available by calling at ...

Content Inside: A Massachusetts Guide to Insurance for Your Home and Ways to Help Reduce Your Insurance Premiums MITT ROMNEY JANICE S. TATARKA GOVERNOR DIRECTOR, OFFICE OF CONSUMER AFFAIRS AND BUSINESS REGULATION KERRY HEALEY JULIANNE M. BOWLER LIEUTENANT GOVERNOR COMMISSIONER OF INSURANCE June 2006 Page ii How to Use This Guide Your home is your castle. It is your most valuable asset. It is where you keep many of your other assets, such as your furniture and your clothes. It is also the place that you live and your style of life centers around your home. If you lost your home due to fire, windstorm or lawsuit, your whole life would be disrupted. You would want to replace whatever you lost so your life can return to normal. Protecting your home is an important undertaking. There is no single solution that is right for everyone. We hope this guide provides a helpful starting point in your search for a solution that is right for you. But don’t stop here. Treat the purchase of insurance and taking steps to protect your house as you would any other major financial decision by seeking independent advice from professionals who are in a position to analyze your individual needs. This guide provides a general explanation of insurance for your home and ways to protect your home and help to reduce your insurance premiums. It will familiarize you with some of the terms and practices related to insurance for your home in Massachusetts. To truly understand your own particular coverage, you should take the time to learn your exact coverage, as well as your rights and responsibilities under the coverage. Your insurance company or its producer should be able to help you with an analysis about the appropriate policy for your situation, but it is up to you to choose the coverage that is right for you. To understand some of the specific features of a typical insurance policy, consider reading “A Massachusetts Guide to Understanding the Insurance Policy Covering Your Home” th ...

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