Home Insurance in Cincinnati

Homes offer comfort and protection and are often one of the most valuable assets an individual can possess. Some people work hard to earn it, and some people work very hard to preserve a home for future generations. A home is an expensive investment, therefore it’s crucial to protect it. The best way to protect your home is by having home insurance. In the US, at least 85% of homeowners are covered by insurance.

Home insurance, also known as homeowners’ insurance, is often a requirement of having a mortgage. However, even though the government doesn’t require every homeowner to get homeowners insurance, it is extremely important in the protection it offers. If you’re a homeowner in the greater Cincinnati area, now is the best time to think about getting home insurance.

What Cincinnati Homeowners Insurance Provides

Homeowners insurance can be completely customized according to your needs. However, standard home insurance generally covers your home, your possessions, medical bills for injury, property damage to others, and living expenses if an insured disaster prevents you from living in your home for some time.

Here are some of the many advantages of having homeowners’ insurance in Cincinnati:

Financial Protection
Home emergencies are always unexpected. Because it is not something we anticipated, we usually wouldn’t be able to cover the price of repairs or replacements if our homes were accidentally damaged or our prized possessions were stolen. This can result in a financial struggle, affecting your finances because you must spend more money to repair your home or if necessary, replace the stolen items.

However, if you have Cincinnati homeowners’ insurance, you’ll be financially protected and secured if something happens to your home or any belongings that are insured by your policy.

Damage Protection for Your Home
Depending on the type of home insurance you have, your insurance will provide compensation if fire, hurricane, lightning strike, vandalism, or other covered disasters damage your property, allowing you to make repairs or even a full rebuild. There is also homeowners’ insurance that covers damage from earthquakes, floods, and negligent home maintenance. In addition, the majority of your home’s belongings, including clothing, furniture, and appliances, are covered if they are damaged in an insured event.

Coverage for Personal Property
When personal property is damaged or stolen because of a covered loss, personal property coverage can assist in covering the cost of replacing certain items like furniture and electronics. You can also acquire off-premises coverage, allowing you to make a claim for missing property anywhere.

Personal Responsibility for Injury or Damage
A specific kind of homeowner’s insurance covers you from third-party claims due to mishaps and unforeseen circumstances in your Cincinnati home. Pets are even covered by this provision. If your pet injures a neighbor, whether it happened at your home or theirs, your insurance will cover their medical costs.
You can also submit a claim to pay your neighbor back if you or a family member accidentally damaged your neighbor’s home. You will also be covered for any related costs, such as medical expenses if an accident occurs while guests are present at your house.

Protection of Other Structures
This refers to any construction on your land that is not a part of your home permanently, including fences, driveways, walkways, and unattached structures like pavilions and garages. This coverage typically amounts to 10% of your dwelling limit, but it can be expanded if you require extra protection, and it also depends on the insurer.

Secured Temporary Living Expenses
Homeowners insurance will give you options for short-term lodging if your insured home sustains some damage and becomes inaccessible until you restore or rebuild it. This type of homeowners insurance will reimburse your rent-related costs if you rent out a house or apartment while having your home rebuilt or renovated. There will be a cap on the amount that you can spend, but it will be explicitly stated in the policy that the insurer provides.

Peace of Mind
The peace of mind that comes from knowing that your investment is safeguarded and insured in the unlikely event that something was to happen to your precious home is the greatest benefit of having homeowners insurance. Nothing compares to the sense of security that a home insurance policy can provide, enabling you to live a better and more comfortable life in your house.

How can home insurance protect you?
Use the yellow hot spots and explore how home insurance can help protect against common risks.
Home
Fire
Risk Factor

Most fires are devastating. Besides the emotional impact, the physical damage to your home can be significant. If you lost your home to fire, do you have adequate insurance to replace your home and its contents? Remember, inflation rates on building materials and construction costs rarely track with real estate values. As a result, rebuilding a home can often cost significantly more than expected.

Solution

Make sure your homeowners policy contains replacement cost coverage with no cap. This protects you if the cost to reconstruct your home is higher than your current limit of coverage. And, be sure that your insurance includes rebuilding your home to code. Very often, local ordinances and building codes change over time, which may require additional costs.

Personal Property / Contents - Property Damage
Risk Factor

When your home suffers damage due to an unexpected event, your personal property is also at risk. Furniture, appliances, clothing, electronics, and other personal items can also be damaged or destroyed.

Solution

Your homeowners insurance policy typically covers personal property, including the contents of your home and other personal items owned by you or family members who live with you. Make sure your homeowners policy includes replacement cost coverage for personal property so that you always receive the full cost to replace whatever item is damaged.

Additional Living Expense / Loss of Use
Risk Factor

When there is substantial damage to your home due to unexpected events such as lightning, fire, or a storm, you may not be able to live in your home until it can be repaired or rebuilt–potentially incurring additional living expenses for lodging, food, and other daily needs.

Solution

Ensure that your homeowners insurance policy provides additional living expense or loss of use coverage to compensate you for the additional costs you incur for reasonable housing and living expenses if a covered event makes your house temporarily uninhabitable while it's being repaired or rebuilt.

Valuable Possessions
Risk Factor

Typically, there is a sublimit on homeowner insurance policies for valuable possessions, such as jewelry, furs, fine arts, and other collectibles.

Solution

Obtain a personal floater or schedule your valuable possessions to ensure you’ll have the money to replace them.

Medical Expenses
Risk Factor

If a guest is injured while on your property, even when it’s due to a friendly game of baseball, you may be required to pay any medical expenses associated with their injury.

Solution

Your homeowners policy should include medical expenses coverage to take care of injuries and treatment - generally not of a serious nature. In the event a person is injured on your property and requires medical attention, you would be able to submit the injury-related medical expenses to your insurance carrier. Medical expenses are usually paid without a liability claim being filed against you.

Personal Liability
Risk Factor

In the unfortunate event that someone slips and falls while on your property, you and your family may be held liable for any injuries that result.

Solution

Your homeowners policy includes personal liability coverage to respond to incidents where injuries or damages occur to a third party where you may be deemed negligent. However, you should consider purchasing a personal umbrella or excess liability policy to provide additional coverage limits to protect your assets in case a lawsuit is brought against you.

Miscellaneous Coverage
Risk Factor

The fun that comes with having a trampoline in your backyard can also be accompanied by serious risks, which may not be covered under your standard homeowners insurance policy since coverage varies from state to state and between insurance companies.

Solution

You should make sure your homeowners insurance policy covers your trampoline, as many insurance providers refuse to take on trampoline liability and exclude the item from coverage.

Personal Injury / Defamation
Risk Factor

Young people are usually very active online. However, using social media and other sites can increase the possibility of them directly or indirectly damaging someone's reputation and exposing you, the parent, to a lawsuit.

Solution

Your homeowners insurance policy includes liability coverage for property damage caused by any member in the family, but likely does not cover rumors or statements that damage a reputation. You may need to seek additional coverage to include liability protection that covers personal injury or defamation.

Umbrella / Excess Liability Coverage
Risk Factor

You invite guests over for a pool party and one of your guests dives into the shallow end of the pool and is permanently injured. They hire a lawyer to represent them and after a long legal battle, you and your family are left financially responsible for their injuries. Do you have enough money in savings to cover your legal responsibilities as well as the legal defense costs?

Solution

An umbrella or excess liability policy increases your personal liability limits by adding protection over and above your current auto, boat, or homeowners policies-providing real financial value, as well as priceless peace of mind. Excess liability insurance is available either by an endorsement to your homeowners policy or available as separate coverage.

Flood Coverage
Risk Factor

You do not have to live near a body of water to suffer loss due to flooding. With the changing weather patterns and more damaging storms occurring around the globe, flood losses are becoming more common in places that are not normally prone to flood damage. Your homeowners policy does not cover damage from flood. Could your home be at risk?

Solution

Purchase a flood insurance policy to protect your home and covered contents from certain types of flood losses as designated by the National Flood Insurance Program. A flood policy is purchased as a separate policy through the federal program (NFIP) or through a servicing carrier known as a write your own carrier.

Secondary Home
Risk Factor

Owning a secondary home has the potential of increasing your liability exposures.

Solution

Be certain that you extend the liability coverage under your homeowners policy to include your secondary home. You should also consider including the secondary home under an excess liability or umbrella policy to provide for additional liability limits.

Collector Cars
Risk Factor

Collector or classic vehicles often have significant value and require special documentation and unique insurance coverage to ensure they are adequately protected. Even if stored on your property, they are typically not covered under your homeowners insurance.

Solution

Insure your collector cars with a specialized insurance company that focuses on and understands the unique nature of collector or classic cars and other vehicles.

Wine Collection
Risk Factor

If you are a connoisseur of wine, you know that it is susceptible to outside environmental exposures that can ruin it. If the collection is damaged, coverage from your homeowners policy is a possible recourse. However, the damage is only insurable if it is a covered cause of loss as outlined in your homeowners policy. A deductible would also apply.

Solution

If you have a sizable wine collection, you may want to consider scheduling the collection on your homeowners policy. Doing so expands your coverage and eliminates the deductible in case of a loss. You can also consider unique coverages for wine, such as for spoilage.

Water Damage
Risk Factor

Whether entering from outside your home from a flood or from within your home’s plumbing system, water damage is the most common cause of loss to a home. Many policies exclude losses caused by backup of sewers and drains, and all unendorsed homeowner policies exclude damage caused by a flood.

Solution

Careful review is essential to protect your home and belongings from all sources of water damage. We recommend coverage solutions from insurance companies that include backup of sewers and drains. Also, identify cost efficient solutions to address the risk of flood damage in the first place.

Off-Premises Theft
Risk Factor

Surprisingly, standard auto insurance does not cover personal property or contents stolen from your car.

Solution

Most homeowners policies offer an option to include off-premises theft coverage as an endorsement, which covers you for theft of your personal property away from your residence.

Work With the Top-Ranked Home Insurance Company in Cincinnati

Given how crucial house insurance is for your Cincinnati home, it is essential to have your policy issued by a trustworthy insurance agency. RJL Insurance Group is the top-ranked insurance agency in the greater Cincinnati area.

Based on your needs, we give you the power of choice. As a leading independent insurance agency, we have excellent ties with several renowned, respectable insurance companies. Our certified and professional insurance advisors have years of experience in the insurance sector and act as your representative, from choosing coverage to submitting a claim. They are passionate about insurance and protecting your most important assets in both business and personal life.

Why Choose Us?

  • Personalized service to meet your specific needs
  • Lower or more affordable prices
  • Years of expertise in the insurance industry
  • Licensed and certified agents
  • Connected with top-rated national and regional insurance carriers
  • Outstanding customer service

We think of our clients as extended family. Our goal at RJL Insurance Group is straightforward. We work hard to give our clients a genuine, concierge-style service that is exceptional in the insurance sector. We allow our clients the freedom to select from a wide range of reputable national and local insurance providers and policies that will meet all their needs.

Contact us today and take a step toward protecting your valuable house and your future by securing customized home insurance from top-of-the-line insurance companies

Let’s discuss your home insurance.

One of our insurance advisors will reach out to you to review your information and present you with the appropriate home insurance solution. There’s no obligation, just good-old-fashioned advice.
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RJL Insurance Group offers comprehensive home insurance with strong roots in Cincinnati and the ability to conduct business in Ohio, Indiana, Illinois, Kentucky, Michigan, Texas, South Carolina, North Carolina, Pennsylvania and Mississippi.