Homeowners Insurance | Bogle Agency Insurance Bergen County NJ
Your home is so much more than the place you hang your hat. It’s the place you and
your family feels safe from the worries of the world. Lyndhurst and Bergen County, NJ-based Bogle Agency Insurance understands the way you feel about your home and we want to protect that feeling with all the NJ Homeowners Insurance coverage options available in Bergen County, NJ, and beyond. While we can’t prevent bad things from happening, we can help you feel safe and we can get your home back to normal in the aftermath of disasters if they ever come your way. We do it by offering you the very best in Bergen County NJ homeowners insurance and first-time home buyer insurance options.
Insurance for NJ Homeowners | Is it Necessary?
If you have a mortgage on your NJ home, then homeowners insurance is generally required as part of the mortgage contract. However, even if you’re not required to purchase homeowners insurance, it’s still a wise investment to make if you prioritize avoiding the large cost issues that can come with a home.
A good insurance policy protects your home on multiple fronts. These are just a few of the ways your homeowner’s policy may protect your home:
- Repairs for damage to the home itself
- Costs of replacing your possessions (up to coverage limit)
- Living expenses if your home is uninhabitable as a result of a covered disaster
- Liability coverage in the event someone is injured on your property
In addition to standard insurance coverage, you have the option of purchasing additional insurance policies for homeowners, such as the following:
- Valuable items coverage (for high-value possessions like antiques, furs, jewelry, carpets, artwork, or electronics that go above standard coverage limits)
- Flood Insurance
- Umbrella Liability Insurance
- Animal Liability Insurance
- Earthquake Insurance
What Types of Damage Does NJ Homeowners Insurance Cover?
The specific events or disasters your home insurance policy covers will vary from one policy to the next. Just as no two families are identical, the insurance needs of each household are unique. This means that your home insurance needs are likely to be somewhat different than those of your neighbors.
However, many policies have a fairly standard set of events that are covered as a rule of thumb. You can purchase additional coverage, such as the types of coverage mentioned above, to fill in any coverage gaps you may be concerned about. Most policies, though, will cover damage to your home or possessions from the following events:
- Fire
- Lightning
- Theft
- Wind
- Rain
- Hail
- Frozen plumbing
The important thing to explore for many homeowners is what standard insurance policies do not cover. Homeowner’s insurance is limited in coverage to the specific policies purchased. For instance, flood insurance is not included in the standard homeowner’s insurance policy. You must purchase flood insurance as a separate policy from the National Flood Insurance Program. There are other things your home insurance policy will NOT cover including:
- Intentional bodily injury or property damage
- Business interests
- Professional liability
- Automobiles, aircraft, watercraft, etc.
Bogle Agency Insurance has served the homeowners’ insurance needs of New Jersey families since 1919. For over 100 years we have taken great pride in offering professional, friendly, and responsible insurance advice and protection to the people who call New Jersey home.