Standard home insurance policies issued by insurance companies contain specific terms and conditions. However, policyholders can modify these terms to enhance, eliminate, or otherwise adjust the policies. Often referred to as riders, these changes, also known as endorsements, amendments, or floaters, can add significant value by customizing the policy to your needs. If you need home insurance that suits your needs, contact the L & S Agency Inc., serving Buffalo, NY.
Valuable Home Insurance Riders
Most riders cost extra and upgrade their coverage over the standard policy. Policyholders often consider the money well spent since riders cover items or provide benefits vital to them. Among the riders, policyholders often find valuable are:
Water and Sewer Backup
This rider pays for damage inside your home resulting from a backup.
Scheduled Items
This covers specific jewelry, antiques, art, or other valuables that are listed and appraised.
Guaranteed Replacement
This funds the full replacement cost of your home rather than an established value.
Ordinance or Law
This rider is important for older homes. It pays the cost of bringing your home up to code after a loss.
Underground Service Lines / Equipment Breakdown
Underground service lines include sewer, water, and cable lines on your property, while equipment breakdown covers your home’s your home’s plumbing, electrical, and HVAC systems.
Identity Theft
This reimburses legal fees, other expenses, and lost wages due to identity theft.
Business Assets
This covers work-from-home business assets.
The L & S Agency Inc. Difference
Choosing the riders that make sense for your home and possessions can prove tremendously valuable if you suffer a loss. Our team at L & S Agency Inc. serves the Buffalo, NY, area and will work with you to structure a home insurance plan that fits your situation. Stop by our office today or call us at (716) 828-4400.
