Having the right homeowners’ insurance is critical to your financial well being, and can help make the difference during a covered event. There are a few different types of insurance to choose from, so it is important to know what type will best fit your needs.

Market Value Insurance

If you choose to select market value insurance, you will be able to collect the amount it will cost to replace your home according to the current market value. This can be helpful if the market values fluctuate in your area, or if you would like to ensure you can completely rebuild your home without gaps in the project. If you select this type of insurance you are more likely to complete projects without issues.

Replacement Cost

If you choose replacement cost, you will be covered for the amount it took to build your home. If the market value changes, you are still locked into a specific value. The deductible may be somewhat cheaper and the claims process will be slightly less difficult. There are some advantages, but it is best to consult with your insurance agent to determine if this is the right choice for your needs. For more information on the different types of homeowners’ insurance, you should contact Longwood, FL, Express Insurance. Call or stop by the office to get the most out of your homeowners’ insurance policy so you can rest easy knowing you are protected.

Get all of the information you need to make an informed decision regarding your homeowners’ insurance with Longwood, FL, Express Insurance. Get the right coverage and excellent customer service.