How to Get Homeowners Insurance after a Fire in New Jersey

When you have a home, you're already living the American dream. With that dream comes the responsibility of protecting it from all the what-ifs. Fortunately, New Jersey homeowners insurance may have an answer even after you have a fire loss.

A New Jersey independent insurance agent has access to a network of carriers, giving you options on coverage and cost. They do the shopping for free, making it simple to obtain a policy. Connect with a local expert and start saving in minutes. 

What Does Homeowners Insurance Cover in New Jersey?

Your New Jersey home is a place of comfort and safety, so when a fire occurs, it can be shocking. You'll automatically have coverage for fire, severe weather, natural disasters, theft, and vandalism in standard homeowners policy options. 

How your home coverages are broken down:

• Dwelling limit: Pays for the replacement or repair of your home itself when a covered claim occurs.
• Personal property: Pays for the replacement or repair of your personal belongings.
• Personal liability: Pays for bodily injury, property damage, or slander claims against a household member.
• Additional living expenses: Pays for your temporary stay at another property when a claim renders your home unlivable. 
• Medical payments: Pays for the first $1,000 - $10,000 of a medical expense when a third party gets injured on your property.

Can I Purchase Homeowners Insurance after a Fire in New Jersey?

In New Jersey, carriers have a general rule of not accepting an insured with two or more claims reported within a certain time. Typically, insurance companies look back 3 to 5 years. If you have just one fire loss during that period, then you'll most likely be able to obtain coverage through a standard carrier. 

New Jersey catastrophes that impact your home the most:

• Severe storms and lightning
• Hurricanes and tropical storms
• Flooding and water damage
• Heavy snow
• Burglary and other property crimes

Total number of reported fires in the US

Fires are a common occurrence when you own a property. A loss could happen to anyone anywhere, making it more critical than ever to have proper protection. 

Does New Jersey Home Insurance Protect against Fires?

The majority of homeowners policies have fire damage as a coverable loss under their insurance. Most home insurance is written on a special form policy, meaning you have comprehensive protection for different types of claims. 

Total number of reported home structure fires in the US

You'll want to ask your trusted adviser if you're coverage is written on a special form. That way, you can avoid paying out of pocket for a major loss, like fire damage.

Will My New Jersey Home Location Impact My Rates?

Several factors impact your homeowners insurance premiums. Where you live is one that carriers look at when rating your coverage. Check out the average annual cost of home insurance:

• National average home insurance premium: $1,211
• New Jersey average home insurance premium: $1,192

To determine your pricing, insurance companies look at which flood zone you're in, local crime rates, and even weather history. A professional can help determine which items are used when quoting your costs.

How a New Jersey Independent Agent Can Help

If you're searching for the best homeowners insurance after a fire loss, then you're not alone. All across America, house fires are occurring, wreaking havoc on families. To avoid a financial blow, consider consulting with an agent for free.

A New Jersey independent insurance agent does the shopping for you at no additional cost. They make it super-easy to find a policy that protects you at an affordable price. Connect with a local expert on trustedchoice.com to get started today.