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Building Structure Insurance Policies Sparks NV

You probably have a good idea of what your home is worth. If not, you can make a reasonable guess based on your local real estate listings. You can even speak to a real estate agent directly. They often offer free estimates of your home's worth and the exercise can be very interesting. It's usually a 'no obligation' estimate - but ask and be sure.

Allstate Insurance - Steve Terelak
(775) 322-1618
1334 Disc Drive
SPARKS, NV
Services
Homeowners Insurance

Allstate Insurance - Gene L Gardella
(775) 786-2288
575 Forest St St #208
RENO, NV
Services
Homeowners Insurance

Allstate Insurance - Misty- Joe And Mitzi Chadwick
(702) 451-4409
2620 Regatta Dr #122
LAS VEGAS, NV
Services
Homeowners Insurance

Allstate Insurance - Gene L Gardella
(775) 786-2288
575 Forest St St #208
RENO, NV
Services
Homeowners Insurance

Allstate Insurance-Garver Insurance Services
(775) 787-6333
5365 Mae Anne Ave Ste B-14a
RENO, NV
Services
Homeowners Insurance

Allstate Insurance-Garver Insurance Services
(775) 787-6333
5365 Mae Anne Ave Ste B-14a
RENO, NV
Services
Homeowners Insurance

Allstate Insurance-Penrod Insurance Agency
(775) 853-3591
8175 S Virginia St
RENO, NV
Services
Homeowners Insurance

Allstate Insurance-Andre Mattox Agency
(702) 614-4236
1720 W Horizon Rdg Pkwy Ste 120
HENDERSON, NV
Services
Homeowners Insurance

Allstate Insurance - Bob Margison
(702) 258-7371
140 S Decatur Blvd
LAS VEGAS, NV
Services
Homeowners Insurance

Allstate Insurance - Carlos Lee
(702) 646-2533
6020 Smoke Ranch Rd
LAS VEGAS, NV
Services
Homeowners Insurance

Building Structure Insurance Policies

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Structural Home Insurance

If you own the building you should have home insurance to insure the building. While this most often applies to the home you own and live in it also applies to buildings you own and rent.

The home insurance coverage should pay for repairing or rebuilding if your home is either damaged or destroyed by one of the named perils on the policy. Most home insurance policies will not pay for damage by earthquake or flood. Protection for earthquake or flood would require a special perils policy.

You probably have a good idea of what your home is worth. If not, you can make a reasonable guess based on your local real estate listings. You can even speak to a real estate agent directly. They often offer free estimates of your home's worth and the exercise can be very interesting. It's usually a 'no obligation' estimate - but ask and be sure.

Now, if you paid $250,000 for your home you should have $250,000 in home insurance for the structure, right? Wrong. The $250,000 you paid will include the cost of the land itself, which you shouldn't have to re-build (If you live in an earthquake prone area this may not apply to you! But you'll need special "peril" coverage).

What you want to insure is the building - and you want to insure it for repairs or re-building. Assuming that 1/5 to1/4 of the cost of a home in an urban area is the lot then you will need home insurance for the structure to the tune of $160,000 to $200,000 on a $250,000 purchase price.

Not comfortable with that amount of insurance? To be really sure get an appraiser who will appraise the house separately from the building lot.

Remember, you will have to revisit your home insurance regularly - yearly is great (on the renewal of the policy), but at least every 3 to 5 years. Costs of repairs increase, just like everything else.

Read more general information about Home Insurance Policy , Condo Insurance and Renters Insurance . Read specifics about Structural Home Insu...

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