Homeowners Insurance 101: What It Covers & How Much It Costs

Buying a home is a huge milestone, but protecting it is just as important. If you're wondering what homeowners insurance covers and how much it costs, you're not alone. These are some of the most Googled questions, and we're here to break them all down in simple terms!

What Does Homeowners Insurance Cover?

A standard homeowners insurance policy helps protect your home and belongings from unexpected disasters. Here's what’s typically included:

Dwelling Protection: Covers damage to the structure of your home due to fire, wind, hail, or vandalism.

Personal Property: Protects furniture, electronics, and other belongings if they are stolen or damaged.

Liability Coverage: Helps cover legal costs if someone is injured on your property.

Additional Living Expenses (ALE): Pays for temporary housing if your home becomes uninhabitable due to a covered event.

What’s NOT Covered?

Floods & Earthquakes: Require separate policies.

Wear & Tear: Insurance won’t pay for routine maintenance or aging-related repairs.

Certain Mold & Pests: Damage from termites or mold buildup isn’t typically included.

If you live in an area prone to floods or earthquakes, consider purchasing additional coverage to stay fully protected!

How Much Does Homeowners Insurance Cost?

There’s no one-size-fits-all price for home insurance—it depends on several factors. However, the national average cost is around $1,500 per year, but your rate may vary based on:

Home Location: Areas with high crime rates or extreme weather tend to have higher premiums.

Home Value & Construction: The cost to rebuild your home affects your coverage amount.

Claims History: Filing multiple claims in the past can increase your rate.

Coverage Amount: More extensive coverage (or a lower deductible) leads to higher premiums.

Safety Features: Homes with security systems or updated roofing may qualify for discounts.

How to Lower Your Home Insurance Premium

• Bundle home and auto insurance with the same provider.

• Increase your deductible to lower monthly payments.

• Improve home security with smart locks, alarms, and smoke detectors.

• Shop around and compare quotes regularly.
  

Let’s Find the Best Coverage for You!

Homeowners insurance doesn’t have to be confusing—or expensive! At InsuraPro Advisors, we’ll help you compare policies, find the best rates, and make sure your home is fully protected.

📞 Contact us today for a free quote!

The Most Googled Questions About Car Insurance (Answered)

We know you have questions about car insurance—because Google told us! Every day, thousands of people search for answers about coverage, pricing, and what to do in different situations. That’s why we’ve gathered the most common questions people ask about car insurance in the U.S. and answered them all right here. Let’s clear up the confusion and help you make the best decisions for your coverage!

1. What is the cheapest car insurance?

The cost of car insurance depends on various factors such as your driving history, location, vehicle type, and coverage level. The cheapest insurance providers vary by state, but comparing quotes from different companies is the best way to find the most affordable option.

2. What is the minimum car insurance required in my state?

Each state has minimum liability insurance requirements. For example, in Virginia, the minimum includes bodily injury and property damage coverage. However, opting for minimum coverage may not be enough to fully protect you in case of an accident.

3. What does full coverage car insurance include?

"Full coverage" generally refers to a combination of liability insurance, collision coverage, and comprehensive coverage. This means your policy would cover damages you cause to others, damages to your vehicle from accidents, and non-collision incidents like theft, vandalism, or natural disasters.

4. Can I drive without insurance in any state?

Most states require drivers to have insurance. Some, like New Hampshire and Virginia, allow driving without insurance if you pay an annual fee or meet specific requirements, but it is not advisable as you could face significant costs in case of an accident.

5. What is the average cost of car insurance?

The average cost varies by state and driver profile. In the U.S., the national average annual premium is around $1,500, but it can be much higher or lower depending on factors like age, driving record, and vehicle type.

6. How can I lower my car insurance premium?

You can reduce your premium by taking advantage of discounts for safe driving, paying annually, bundling policies (such as auto and home insurance), using telematics devices, and increasing your deductible.

7. How does car insurance work if I get into an accident?

If you're in an accident, you should report it to your insurer immediately. The insurance company will assess the damages and determine the coverage applicable to your policy. If another driver is at fault, their insurance may cover your expenses.

8. Does car insurance cover rental cars?

It depends on your policy. Many policies include coverage for rental cars, but it’s best to check with your insurer before renting a vehicle. Rental companies also offer additional insurance options.

9. How long does a car insurance claim take?

The time varies depending on the complexity of the claim and the insurer. Simple claims can be resolved in a few days, while more complex cases can take weeks or even months.

10. Can I insure a car that is not in my name?

In most cases, you need to have an insurable interest in the vehicle to insure it. Some insurers allow policies for frequent drivers of a car, even if they are not the owner.

Still Have Questions? We’re Here to Help!

We know insurance can feel overwhelming, but you don’t have to figure it out alone. Whether you're already a client or just exploring your options, our InsuraPro Advisors team is ready to answer your questions and help you find the coverage that fits your needs.

Contact us today and let’s make sure you’re fully protected on the road!

Protect your Business with a Business Owners Policy: Why It Matters Year-Round

Running a business comes with its fair share of challenges, but ensuring you’re protected shouldn’t be one of them. Whether you manage a thriving retail store, a cozy café, or a growing online shop, having the right insurance coverage is essential to keeping your operations secure.

Enter the Business Owners Policy (BOP)—a comprehensive solution designed to safeguard your business from everyday risks, so you can focus on what you do best: serving your customers and growing your brand.

What is a Business Owners Policy (BOP)?

A BOP bundles several key coverages into a single, convenient policy. It’s tailored for small to medium-sized businesses, offering protection that fits your unique needs. Here’s what it typically includes:

• Property coverage: Safeguard your building, equipment, and inventory from unexpected events like fire, theft, or natural disasters.

• Liability coverage: Protects your business from potential lawsuits, such as accidents on your premises or damage caused by your services.

• Business interruption insurance: Covers lost income and operating expenses if your business is temporarily shut down due to a covered event.

  
  

Why Every Business Needs a BOP

No matter the size or industry, businesses face risks every day. A BOP ensures you’re prepared for the unexpected, providing:

• Peace of mind: Knowing your business is covered means less stress and more time to focus on growth.

• Cost efficiency: Bundled coverages can save you money compared to purchasing individual policies.

• Customizable protection: Add coverages like cyber liability insurance or equipment breakdown insurance to tailor the policy to your specific needs.

  
  

Everyday Scenarios Where a BOP Has Your Back

• A customer slips and falls in your store, leading to medical expenses and a lawsuit.

• A fire damages your property, disrupting your operations and inventory.

• A cyberattack compromises customer data, putting your reputation and finances at risk.

In these situations -and many more- a BOP can provide the financial protection you need to bounce back.

Don’t Wait Until It’s Too Late

The right insurance policy isn’t just a safety net—it’s a smart investment in your business’s future. Securing a Business Owners Policy ensures that your hard work is protected, no matter what challenges come your way.

Ready to explore your options? Let us help you find the best business insurance tailored to your needs. Contact us today to learn more about how a BOP can work for you.