If you are in the market for a home, there is a lot to consider when you are making your choice. One thing you will have to consider when shopping for a home is homeowners’ insurance. Some think choosing coverage is a much simpler process than it is because of the regulations around it. This isn’t true. The following are some of the policy types you will need to consider when searching for Fort Myers homeowners’ insurance.
HO-6
This is the type of policy to purchase if you are considering a condominium because that is the exact type of property this policy is designed for. Condominium insurance includes the ceilings, floors, and walls on the interior of the building. The exterior of the condominium is usually covered by an insurance policy selected by the HOA.
HO-8
This form of Fort Myers homeowners’ insurance is designed for someone purchasing an older home. It is similar to the coverage used on typical homes but with special provisions for things that commonly go wrong with an aging structure. This is a common type of coverage when someone is purchasing a home that is deemed historic.
HO-4
A HO-4 is also called a “tenant’s form” because it is designed for renters. This policy typically covers the renter’s personal belongings in the event of a break-in, fire, or water damage. Renters insurance can also cover an alternate place to stay if you are prevented from staying in your rental home for any reason. If you still aren’t sure what kind of insurance policy is best for you, contact Kin Insurance today for all the information you need.
