Homeowners have a major investment to protect. And, with Velox Insurance, you can keep it safe with affordable insurance coverage.
Anyone who owns a mortgage on a home will need to obtain an insurance policy. This policy also protects the homeowner against a variety of situations that are beyond the control of the mortgage holder. This includes natural disasters, vandalism, accidents, structural damage and more.
Additionally, a homeowners policy is required by many lenders. Financial institutions can turn down the homeowner’s request for financing if insurance coverage is not obtained at the time of closing. Many first-time home buyers overlook this detail. Without the correct level of coverage, the financing of the home can be difficult or impossible. Speak to a qualified insurance specialist to find out how to cover your home.
What Is Covered by Homeowners Insurance?
Homeowner policies are designed to protect homeowners against a wide variety of situations. Below are some of the types of coverage provided by typical homeowners policies:
- Coverage for damages caused to the physical structure of your home and permanent structures on your property such as pools or sheds
- Coverage for damages caused to your personal property inside your home
- Coverage for injuries caused to your household pets while inside your home
- Coverage for your personal liability if guests are injured while in your home
- Coverage for additional costs that you may incur if you need to live elsewhere temporarily as a result of fire or other covered disasters
Some types of maintenance can also be covered by a homeowners policy. However, these items are often itemized and optional. For example, the property might have a tool shed that needs to be repaired because of wear and tear. Or, the curb and lawn might require additional coverage. House fires are also common items covered in these policies. Your Velox Insurance agent will help you assess what type of coverage is best for your needs.
Homeowners Insurance at a Low Price? It’s Possible!
Having reliable homeowners insurance doesn’t have to take a toll on your budget. Get affordable rates with Velox Insurance. Earn discounts and save more money!
Multiple Policy Discounts
By bundling insurance policies with the same carrier, you may be eligible for more discounts to save money.
Full Payment Discounts
Pay in full and you’ll get a discount for your homeowners insurance. Aside from that, you’ll also be worry-free for the rest of the year!
Your loyalty will be rewarded! If you maintain and renew your policy with us through the same carriers, you may be qualified for a discount.
Remain claim-free for at least a year and you’ll be eligible for more discounts and rate decreases. And if you maintain this for the years to come, you’ll be able to enjoy bigger discounts on your premiums. What’s even better is that we have claim forgiveness features where your insurance rates won’t increase when you file a claim.
New Home Discounts
If you’ve just purchased a new home (whether newly built or previously owned) and insured it with us, you could enjoy this discount.
Safety Features Discounts
For your home to qualify for this discount, you need to have burglar alarms, smoke detectors, or water safety features installed. The more safety devices you have in your home, the more discounts you’ll be able to enjoy!
Why Trust Velox for Homeowners Insurance?
At Velox Insurance, we provide you with a convenient approach to insurance. Our online technology, including our intuitive mobile app, makes make it easier for you to request a quote and reach our agents. Our competitively-priced policies protect your home by repairing or replacing your damaged or lost belongings. You can also qualify for discounts to help you save more money. In addition, we are committed to giving you a hassle-free claims service if tragedy strikes your home.
Because choosing the right homeowners policy can be a complex decision, our agents are dedicated to helping you every step of the way. We are happy to assist you in deciding whether to choose a policy that protects personal belongings, or with carefully assessing the condition of your property. If your financial institution requires a homeowners policy before making a loan, our qualified insurance specialists will help you determine the right amount of coverage to help your financing request get approved. For every step of your homeowners insurance journey, Velox is here to help.
Homeowners Insurance FAQ
How does homeowners insurance work?
If you purchase homeowners insurance, you’re not only protecting your home; you’re protecting your finances as well. If your home or any part of it is destroyed, it could cost thousands of dollars in repairs. Without homeowners insurance, that money has to come out of your savings. However, if your home is insured, you’ll be able to pay for the damages and repair your home by filing a claim. The insurance benefits you’ll receive, however, will vary according to your deductibles, the limitations you’ve set on your policy, and the type of coverage you’ve chosen.
Is it required to get homeowners insurance?
Insurance requirements vary from one state to another. As we currently insure homes in Alabama, Arizona, California, Florida, Georgia, Indiana, South Carolina, Tennessee, and Texas, we can help you determine the type of insurance required by any of these states. Regardless of where you live, however, mortgage lenders usually require you to purchase coverage before they give you a home loan. Even if it isn’t required, it is still smart to protect your financial investment with a reliable insurance policy from Velox.
How much will homeowners insurance cost?
The value of your home and the type of insurance coverage you buy will primarily determine the amount that you have to pay for your insurance premiums. However, other factors can also affect your premiums, such as crime rates, your location, and your home insurance claim history. Regardless of your situation, Velox Insurance is dedicated to helping you find insurance at an affordable price.
Do you have any more questions? We’re happy to answer them! Call 1-855-468-3569 to speak to an agent, visit our office nearest you, or contact us through our website. To start saving money on homeowners insurance, get a quote today!