Does Home Insurance Cover Your Personal Belongings?

Home insurance is extremely important because it protects homeowners from the possibility of financial loss.  If you are currently shopping for home insurance, you may have questions about what exactly your home insurance covers – including whether it covers your personal belongings. Associated American Insurance serving Manchester, NH will explain how this type of insurance works and how it covers personal items. 

Does Home Insurance Cover Personal Belongings

Yes, it does cover personal belongings, including furniture, electronics, clothes, and other contents of your home. That means that your insurance will pay to replace the items that were destroyed or stolen. 

What Types of Losses Does Home Insurance Cover?

Most home insurance policies cover such losses as fire, burglary, and others. You will need to talk to your insurance agent to know what exactly is covered. 

What Is Not Covered By Home Insurance?

Certain losses are not covered by homeowners’ insurance policies. They are: 

  • Earthquakes. If your home is located in an area that is prone to earthquakes, you will have to purchase a separate earthquake insurance policy to protect your belongings. 
  • Flooding. If you want to protect your home and personal stuff against flooding, you need to get a special flood insurance policy – either from a private insurance company or National Flood Insurance Program. 

It is also important to know that home insurance has its limits and therefore it does not cover really expensive and valuable items. Therefore, if you have antiques, expensive jewelry, or any other lavish personal belongings, you should consider getting a special policy for all this stuff. 

If you are thinking of getting home insurance and you are looking for a trustworthy agency, Associated American Insurance serving Manchester, NH is ready to assist you.  Do not hesitate to contact us and talk to one of our insurance agents, who will provide all the information you need.  

Do I need to carry condo insurance in New Hampshire

Manchester, NH is a great place to call home. It is one of the most liveable cities in the state. Great restaurants, lots of entertainment opportunities, and an international airport make it a popular choice. Condos are an affordable option in a hot real estate market. If you have a mortgage you may be required to have a condo insurance policy by your lender. At Associated American Insurance we place our customers first and as an independent agency, we owe our allegiance to you. 

The question "Do I need to carry condo insurance?" is simply answered is yes. Like home insurance, condo insurance offers too many valuable protections to pass up. Your condo association has a master policy that covers the exterior of your unit. How far into the unit it covers varies so it is important to read and understand what coverage it provides. 

While the association insurance covers your roof and exterior walls, it doesn’t cover your personal property, that is your responsibility. Consider all the things that make your condo comfortable, your appliances, electronics, furniture, decor, and your clothes. If your unit was damaged or destroyed by a covered peril, you would be on your own to replace everything. not something most people can do easily.

Condo insurance includes liability insurance. We live in a sue-happy society and if someone is injured while visiting your home, you could find yourself on the receiving end of a legal judgment. Liability is a necessity to protect you and your assets. 

If your condo is damaged you should have loss-of-use insurance with your condo policy which will help you to afford a place to stay while your home is uninhabitable. 

Condo insurance offers lots of valuable protection and if you are interested in learning more about it. give us a call or stop by at Associated American Insurance in Manchester, NH for a no-obligation quote. 

Common Myths About Home Insurance

Home insurance is one of the most important investments you can make to protect your home, yourself, and your belongings. Unfortunately, there are many myths about home insurance that do not allow you sometimes to make an informed decision and pick the right policy. Associated American Insurance serving Manchester, NH, and surrounding areas has prepared the list of most common myths that you should know:

Flood damage is covered by a standard home insurance policy

In fact, home insurance does not cover damages caused by a flood.  Therefore, in order to protect your home from floods, you have to purchase a separate flood insurance policy. 

I do not need to waste my time by making an inventory list

An inventory list is extremely important because it is proof of your ownership. When you file a claim, you will be asked to provide a list of items that were lost or damaged. Therefore, to make sure you do not forget anything, having an inventory list is a good idea. 

Home insurance covers all valuable items, including jewelry and antiques

A standard home insurance policy has limited coverage on valuable items. If you have really expensive possessions, it is worth getting additional coverage for them.

The premium increases every time when I file a claim

A single claim will not increase the premium. However, the premium may go up if you file multiple claims. Therefore, it is recommended to estimate the cost of repairs first before filing a claim and decide whether it is more reasonable to pay for the repairs yourself. 

Now you know more about home insurance, which will help you make the right decision and pick a home insurance policy that you really need. If you still have questions about insuring your home, experienced insurance agents from Associated American Insurance serving Manchester, NH and surrounding areas are always ready to assist. All you need to do is to visit our website or give us a call. 

When is auto insurance required for someone in New Hampshire?

For a lot of people, owning a car in the Manchester, NH area is practical necessity. If you are a car owner here, you do need to make sure that you get the insurance you need. There are a variety of situations when having auto insurance will be required for someone in this area.

When Driving on a Public Road

If you are going to get a car and drive it on a public road in New Hampshire, you need to make sure that you have the right auto insurance. An auto insurance policy is going to be required to ensure you have the ability to pay for damages that you could cause in an accident when driving. 

When Taking out an Auto Loan

Many people that purchase a car are also going to take out a loan. If you do take out a loan, you need to review the section of your loan agreement that discusses your auto insurance requirements. In most situations, you are going to need to have a full auto insurance policy that provides you with both collision and comprehensive insurance coverage. The lender may also require that you have a reasonably low deductible. 

There are a lot of situations when someone in the Manchester, NH area will need to get auto insurance. When you need to get a new policy, it is important that you spend time thinking about your needs and choosing a policy that is right for your situation. The team at Associated American Insurance can be a great resource when you are looking for a new insurance policy. When you call Associated American Insurance, you can receive a lot of support and guidance that is needed to pick a new policy that is right for your situation. 

Is Boat Insurance Required For Small Vessels?

In Manchester, NH, boat insurance is not legally required at all, even for large vessels. You are required to carry insurance to dock at most privately-owned piers, however. This is because boat-on-boat collisions, while rare on the open water, are fairly common at the docks. In order to keep a lawsuit from landing at their own feet, most dock owners will ask that anyone using their docks carry their liability insurance.

So the question comes down to: Does this extend to smaller vessels? And the short answer is yes. Any boat you want to dock at a privately-owned pier, jetty, or wharf, you’re probably going to have to get insured.

At a certain point, this becomes trivial, of course. An inflatable raft can be launched into the water from anywhere. You don’t need a dock. The same goes for many small fishing boats, canoes, kayaks, and so on. The only reason to insure these vessels is to protect your own interests, and with many small vessels, the total cost of the boat or watercraft may be less than a year’s worth of insurance premiums. Liability might not be a significant concern for very small vessels, either. It’s hard to do much damage in an inflatable, non-motorized raft. 

So here’s what you need to consider: Is your boat big enough to dock? If so, it’s unwise to go without insurance. But small, "hobbyist" vessels don’t invite a lot of financial risk into your life.

If you’re looking to get covered in Manchester, NH, get in touch with us at Associated American Insurance. Call, go online, or stop by the Associated American Insurance offices and let’s see what we can do for you.

Motorcycle Insurance Options in New Hampshire

Whenever New Hampshire shakes off its winter doldrums, riders across the Granite State pull out their motorcycles to hit the highways and byways of the countryside. What this means for fellow travelers on the road is that they need to keep an alert eye out for these types of vehicles. Still, motorcycle riders also need to make sure their bikes are roadworthy, and a big part of that process is making sure you have adequate motorcycle insurance. 

Motorcycle Insurance Requirements in New Hampshire

As with any motorized vehicle in the Granite State, you must show financial responsibility by displaying proof of insurance. Such a policy will protect you and others in the event of an accident that is deemed your fault. It is important to remember, however, while this is the minimal amount of motorcycle insurance you must have in New Hampshire, it will not pay to repair or replace your own bike. Agents at Associated American Insurance in Manchester, NH can recommend a myriad of insurance options to provide you and your motorcycle more coverage than the bare minimum. 

Collision and comprehensive coverage are options for riders who want some time sense of peace of mind when they are out on the road. The former type of policy covers you and your bike should be found at fault in an accident, and the latter offers coverage from theft, vandalism, and other types of damage to your bike.

Contact Our Team at Associated American Insurance

If you have questions regarding your motorcycle insurance requirements, our team here at Associated American Insurance is serving the greater Manchester, NH area, and we are ready to answer any questions you might have regarding what it takes to get the road legally. When it is time to make sure that your motorcycle has the insurance you need, we invite you to reach out to our team here at Associated American Insurance to discuss your motorcycle insurance needs in New Hampshire.

Is a personal umbrella insurance a requirement in Manchester NH?

When it rains lawsuits, you need an umbrella to shield you from getting wet. Umbrella insurance or extra liability coverage offers an additional layer of protection when the limits of standard insurance policies like home and auto are reached. 

Do you need umbrella insurance?

While umbrella insurance is not mandatory in Manchester, NH, it is prudent to have one, especially if you have a tight budget on other insurance policies. Associated American Insurance can help guide you on how much umbrella insurance is adequate for you and which perils you should prioritize.

You should buy umbrella insurance if you fit more than one of the following:

  • If you own dogs or any dangerous pet
  • If you own a boat, car, or any other form of vehicle 
  • If you are a youth coach
  • If you are a parent or have parents
  • If you regularly have guests in your home 
  • If you run a business in your home
  • If you own rental properties and other assets

The above activities increase your chances of being involved in lawsuits, even when they may seem harmless. You may think that buying a complete coverage because you own a dog is a joke. Wait until your furry friend bites a stranger or another dog and you are slapped with lawsuits amounting to several thousands of dollars.

When to buy and how much is adequate

Many people prefer buying umbrella insurance from the same provider who processed other policies, and there is a secret reason for this, good discounts. There is no better time to buy insurance than now when everyone is staying at home. To understand how much coverage you should buy, make sure you have answers to the following:

  • Are you exposed to any significant risks?
  • What is your potential loss in case of a lawsuit?
  • Do you know the value of your possessions?

For more information, quotes, or questions, visit Associated American Insurance in Manchester, NH today.

Where Can You Purchase Beneficial Auto Insurance in Manchester, NH?

Auto insurance is key to plan out before you buy a new car. With this high financial investment that you are making, you want to make sure that you are adequately protected. Many individuals choose not to have the proper insurance, and that not only puts them in legal trouble, it also becomes a detriment to the other drivers on the road as well. 

At Associated American Insurance, we believe in making sure that our clients are completely protected while on the road. We are based in Manchester, NH serving the local community since 2012. Exceeding your expectations is our goal, as we believe that every client deserves the insurance policy that will benefit them the most. Here are a few things you need to know about auto insurance necessities here in New Hampshire. 

In the state of New Hampshire, you do not have to meet a mandatory minimum car insurance amount at all. On the contrary, if you are at fault for an accident on the road (without insurance), then it is your responsibility by law to cover the medical expenses of the other driver involved. The decision on what type of coverage you get is important to know in detail. There are a variety of options to choose from, including liability, comprehensive, collision, medical payments, and full coverage insurance. When you speak with one of our agents, they will go over the different options available to you, and what each option is capable of covering for you. 

Would you like to discuss your auto insurance options with one of our agents in Manchester, NH? Please feel free to contact us today! You can reach one of our agents via e-mail, or phone and we will reach out to you as soon as possible.

What is included in my New Hampshire Home Insurance?

Those that live in the Concord or Manchester, NH area should consider purchasing a home. This area has an excellent local economy and offers many long-term benefits to property owners. However, if you are going to buy a property, you need to make sure that you get insurance. A full home insurance policy will protect your home in a variety of different ways, as it includes several forms of insurance. 

Coverage for Liability

One benefit of having home insurance that not many think about is liability insurance coverage. When you have one of these insurance policies, a part of your insurance will give you coverage for liability. If you have a guest over to your home and they are injured while there, you could be held liable. Fortunately, the liability insurance of your home insurance policy will cover you for this. 

Coverage for Assets

Another type of coverage that you will get with your home insurance policy is coverage for your assets. The main part of this is coverage for your home and structure, which will provide coverage for damage due to fire, vandalism, or many weather situations. However, this insurance is also going to give you coverage for your personal assets if they are damaged or stolen. 

Anyone that owns a home in the Manchester, NH area needs to get home insurance. If you are going to purchase a home, you should speak with the team at the Associated American Insurance company first. When you call the team at the Associated American Insurance, you shouldn’t be afraid to ask questions about our insurance. The team here works hard to make sure you get the most out of your coverage needs. Contact our office to learn ore about your options and how to get a quote.

How much condo insurance do you need?

Your condo is one of your most valuable assets. Not only does the structure hold value, but the items inside your home are also priceless. There may not be an exact dollar amount that you can place on the sentimental items in your home. You should, however, make certain that you have enough condo insurance to pay for a fresh start in Manchester, NH. The insurance agents at Associated American Insurance can help you choose the best plan. 

What is the purpose of condo insurance?

Condo insurance operates similarly to home insurance. The policyholder is provided a certain amount of money, based on his policy’s limits, if a covered incident causes damage to either the structure or possessions inside the residence. 

Condo insurance differs from home insurance in that some property is not covered. Your home association fees, for instance, pay for injuries that visitors encounter in the courtyard of the property. Your condo insurance, however, kicks into gear if the individual is hurt inside your home. 

How much condo insurance do you need?

You need a condo insurance plan that guards you against a lawsuit while securing all the assets of your home. It is generally a good idea to purchase an indemnity plan that also pays for relocation if you need to temporarily move out of your condo. You definitely want an insurance policy that pays enough for you to purchase a new home or condo in the event that your residence is completely destroyed. 

The agents at Associated American Insurance in Manchester, NH can help you find the condo insurance plan that best suits your needs. Call us today to get started with a quote for coverage!