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Victoria Ray Henderson and Daetara Johnson an insurance specialist in the DMV area talk about homeowners insurance.

:15 Victoria Ray Henderson, exclusive buyer broker, introduces Daetara Johnson with Joseph W McCartin Insurance.

:55 Overview of why people need homeowners insurance

‍1:30 When do you pay for homeowners insurance

‍2:00 How do I know what homeowners insurance I need?

‍2:30 Condos, single-family, townhouses, log cabins require different types of homeowner insurance

‍3:31 What questions does an insurance agent ask of the homeowner?

‍4:00 Do you have pets, especially dogs? Liability claims for dog bites could hurt your chance of getting homeowners insurance

‍4:39 Claim history is the number one reason people are denied coverage

‍5:00 more about liability insurance coverage

‍5:40 Why are people denied homeowners insurance? Are there homes that cannot be covered?

‍6:25 Climate change and the impact it has on homeowners insurance

‍7:00 Can flooding cause a property to be uninsurable?

‍7:30 Difference between a flood and a water incident

‍8:10 The state of Maryland requires sewage backup coverage

‍9:40 Homeowners insurance or hazard insurance, what is the difference?

‍10:00 Home values are on the rise, do I need to contact my insurance agent?

‍11:00 Should I contact my insurance agent if I am remodeling my home?

‍11:30 Does work need to be permitted to be covered by homeowners insurance?

‍12:15 What is a storm deductible?

‍13:30 What does the Guaranteed replacement cost?

‍14:32 Replacement cost vs guarantee cost

‍15:07 Pricing is based on the replacement cost not the market value of your property

‍15:30 Homeowners insurance is not a maintenance policy

‍16:00 Too many claims can cause a surcharge

‍16:20 water losses and roof claims are the biggest claims FEMA insurance claims

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How can we help?

The exclusive buyer agents at HomeBuyer Brokerage specialize in serving home buyers. Please reach out with questions at info@homebuyerbrokerage.com.