Homeowners Insurance

Peninsula Insurance offers you the finest homeowners policies available, and your local agent offers you the finest service available - a combination that can provide insurance protection designed specifically to meet your home insurance needs.

Getting the Right Policy

Modern homeowners policies are essentially package policies. They provide several types of protection in one contract for a single premium, such as damage to a dwelling and its contents, theft, and liability coverage.

You, as a homeowner, may select any combination of coverages and amounts of coverages to fit your specific needs. Your Peninsula Insurance agent will review your home insurance requirements and recommend coverages to assure that you have the appropriate policies with the right amounts to give you the best protection for every insurance dollar that you pay.

The typical homeowners policy does not cover water damage resulting from flood, surface water, waves or tidal water. Protection for this coverage may be obtained through the National Flood Insurance Program at www.fema.gov/fima/nfip.shtm: [ FEMA Flood Program Web Link ]

Whichever policy you select, it is wise to insure your home to its full replacement cost value to avoid financial loss. Your Peninsula agent is there to help you find the best policy for your needs.

Replacement Costs Rising

As a homeowner, you know that inflation has increased the resale value of your home. But what you may not realize is that inflation has also driven up construction and reconstruction costs.

As a result, homes insured at current market value may be significantly underinsured; and, in the event of a partial or total loss, much of a homeowner's equity could be lost. Today's replacement cost, rather than the market value of a home, should determine insurance coverage.

The Personal Touch

Many insurance companies offer similar kinds of coverage. The difference between competing companies, products, and agents is often the ability to provide the kind of service every policyholder has the right to expect.

Your Peninsula Insurance agent pledges that you'll receive prompt assistance from experienced, professional insurance claims men and women. Although we hope that you'll never need our services, we are ready to help whenever disaster strikes.

Coverage Includes

  • Your home and any attached structures.
  • Other structures at your home which are separate from the dwelling.
  • Personal property.
  • Loss of use of your home, which covers the additional living expenses you incur due to temporary relocation due to a covered loss.
  • Personal liability for bodily injury or property damage claims brought against you anywhere in the world.
  • Medical payments to others who are injured in an accident on your premises.

ASK ABOUT

Your home is a special place and may have unique protection needs. Optional coverages are available to protect:

  • Replacement cost settlement on personal property.
  • Personal injury liability.
  • Increased Household medical payments.
  • Sewer or drain backup.
  • Incidental business occupancy.
  • Earthquake coverage.
  • Personal computer coverage.
  • Scheduled personal property.
  • Identity recovery coverage.

You can receive lower rates if:

  • Your auto is also insured by The Peninsula Insurance Company.
  • You have owned your home for at least 3 years and have had no claims.
  • You choose a higher deductible.
  • Your have a central station monitoring alarm system.

Pen-Protector

The extra coverage endorsement of Pen-Protector broadens coverage for:

  • Theft of money, silverware, and jewelry
  • Credit card, forgery, and counterfeit money.
  • Replacement of exterior door locks.
  • Damage to contents of refrigerated units.
  • Personal injury.
  • Damage to the property of others - increased limits.