What type of place do you call home - a house, condo,
apartment or mobile home?
Whether you rent or own, it's essential to have adequate insurance coverage to protect your assets. AAA Insurance can set you up with a policy specifically designed for your type of home. Whether you own a house and need to insure everything, or rent and just need content and liability protection, your AAA Insurance agent has you covered.
If you'd like a free, no-obligation quote for homeowners insurance, please complete our online quote form. If you need more information, one of our licensed agents will contact you during the next business day.
Your home is your castle, and it is natural for you to want to get your prize possessions back in order after fire, smoke or water damage. Timely action is called for, but if incorrectly done, can aggravate the problem.
The tips listed below will assist you in taking the proper action until professional assistance arrives and will increase the chances for a successful restoration.
AAA Insurance Agents are available to assist you
every day 9 AM - Midnight.
Your local AAA store
Actual Cash Value: What a damaged or stolen item was actually worth (as "used" goods) at the time of the loss. This is usually less than replacement cost.
Adjuster: Person whom the insurance company pays to settle your claims. The adjuster may be either a company employee or under contract to the company.
Appraisal: An evaluation of your property that estimates its market value.
Claim: The description of a loss which you must provide the insurance company in order to collect.
Deductible: The part of a loss that you must pay out of your own pocket.
Exclusions: Things your insurance policy does not cover.
Fraud: Filing claim for a loss you did not have or for more than the loss was really worth.
Loss: The dollar value of property damage or physical injuries.
Negotiation: Discussion between you and the insurance company's adjuster about the value of your loss.
Offer: The amount the insurance company adjuster proposes to give you for your loss.
Peril: The cause of the loss. Examples: fire, explosion, tornado, theft.
Public Adjuster: A person whom you may hire to help settle your claim with the insurance company.
Replacement Cost: How much it will cost you to replace a stolen or damaged item with a comparable new item at today's prices.
Settlement: The amount that you finally agree (after negotiations) to accept from the insurance company as full payment for your loss.
Your insurance company may offer discounts for taking precautions, such as: