Alaska Homeowners Insurance
Alaska homeowners insurance is a great way to protect your personal belongings in the event of a disaster such as fire, flood, or earthquake. If the residence is under a mortgage, it is also usually a requirement of the lender. Whether you live in Anchorage, AK, or Wasilla, AK, you can find affordable Alaska homeowners insurance to cover your house and possessions.
Alaska homeowners insurance can cover your Alaska home in the event of a natural disaster. Common homeowners policies cover the following items, dwellings, contents or personal property, other structures not attached to the dwelling, personal liability, and loss of use. Another type of Alaska insurance provision includes hazard coverage for items such as hurricanes, floods, landslides, or fires.
The dwelling would include the house you inhabit, while the personal contents include anything in that house. These would include everything from clothing to electronics, to jewelry. Homeowners should take a complete inventory of their belongings at least once a year or anytime an item of financial significance is purchased such as a rare coin or jewelry. Save a copy of your inventory at an off-site location so you will have it in case of disaster.
Other structures would include buildings such as a shop or garage not attached to the dwelling. These are usually provided only minimum coverage so you may want to consider purchasing additional limits if you plan to store expensive items such as machinery or tools in your outbuildings.
Personal liability covers someone else not living with you if they were to sustain injury or damage while on your Alaska property. If a visitor falls and is injured or a tree falls on their vehicle while at your house, personal liability will cover the medical expenses and damages. This is another provision you may want to increase if you expect constant visitors to your residence.
Loss of use coverage is used when the covered home is no longer inhabitable and the homeowner must stay elsewhere while the damages are repaired. This could include a hotel or rental unit. This kind of hazard inurance is especially needed in case of a fire. Even if the fire does not destroy the home, the smoke or water damage could make it uninhabitable.
Ways to Save
There are a number of ways to save money on your Alaska homeowners insurance. The following will include some suggestions. You should speak with the homeowners insurance provider to determine what other discounts there are available to you in Alaska.
Consider combining several insurances under one carrier to receive a multi-policy discount. These discounts increase with the number of policies you have. You might want to consider putting your vehicle, business, boat, and recreational vehicle policies together with your Alaska homeowners insurance. You will not only save money on the homeowners insurance, but also on your other policies as well.
If you are an Alaska senior, ask your policy provider if they have senior discounts available. Likewise, if you are in the military you should ask if a military discount is available. Many insurance carriers offer these discounts to our elderly and those who serve their country.
Adding smoke, fire, and security alarms to the home will also increase your savings. These items will provide the owner additional security and peace of mind as well and are a relative inexpensive addition to any home. Anything that increases the security and safety of the home will increase your savings when shopping for Alaska homeowners insurance.
Finding a Provider
You can find an Alaska homeowners insurance provider in a number of ways. There are companies online that can give you quotes from several insurance carriers. This convenient way of shopping allows you to look at the policy options and compare rates while in the comfort of your living room. You can also ask your local Alaska Chamber of Commerce about available reputable carriers in your area.
Always work with a licensed, reputable carrier. You want a company who has 24-hour claims service and can provide you with multiple policy options to choose from. Be sure to read your policies carefully and if there is anything you do not understand, ask questions. By following these suggestions, you will be sure to eliminate future surprises when you need the coverage.
Alaska homeowners insurance is a necessary step to ensuring your home and personal belongings are covered in the event of a disaster. If you know what you are looking for, you can shop with confidence that you will find the homeowners coverage you need within your available budget. Always work with reputable carriers and ask for available discounts. No matter what homeowners coverage you choose, you will rest easier knowing your Alaska homeowners insurance is working for you.