CALL us or TEXT us Today:  (360) 693-4044  |  Toll Free: (888) 693-4044
AllRisk Auto Insurance, LLC
  • Home
  • Online Quote Request
    • Auto Insurance Quote
    • Home Insurance Quote
    • Motorcycle Quote
    • Renters Insurance Quote
    • RV Insurance Quote
    • Other Quotes >
      • ATV Insurance Quote
      • Boat Insurance Quote
      • Commercial Auto Insurance Quote
      • Retail Cannabis Coverage Quote
      • Uber/Lyft Coverage Quote
  • Service
    • Insure your License
    • License Helpdesk
    • Report a Claim
    • Make a Payment
    • Update Contact Info
    • Proof of Insurance
    • Contact My Carrier
    • Online Documents
    • Free Consultation
  • Coverages
    • Auto Insurance
    • Home Insurance
    • Motorcycle Insurance
    • Renters Insurance
    • RV Insurance
    • SR-22 Filing
    • Other >
      • ATV Insurance
      • Boat Insurance
      • Commercial Auto Insurance
      • DWI & DUI Insurance
  • About
    • Staff Directory
    • Client Testimonials
    • Refer a Friend
    • Insurance Carriers
    • Agency Photo Gallery
    • Newsletter Signup
    • FAQs
    • Blog
    • News
  • Contact
  • Home
  • Online Quote Request
    • Auto Insurance Quote
    • Home Insurance Quote
    • Motorcycle Quote
    • Renters Insurance Quote
    • RV Insurance Quote
    • Other Quotes >
      • ATV Insurance Quote
      • Boat Insurance Quote
      • Commercial Auto Insurance Quote
      • Retail Cannabis Coverage Quote
      • Uber/Lyft Coverage Quote
  • Service
    • Insure your License
    • License Helpdesk
    • Report a Claim
    • Make a Payment
    • Update Contact Info
    • Proof of Insurance
    • Contact My Carrier
    • Online Documents
    • Free Consultation
  • Coverages
    • Auto Insurance
    • Home Insurance
    • Motorcycle Insurance
    • Renters Insurance
    • RV Insurance
    • SR-22 Filing
    • Other >
      • ATV Insurance
      • Boat Insurance
      • Commercial Auto Insurance
      • DWI & DUI Insurance
  • About
    • Staff Directory
    • Client Testimonials
    • Refer a Friend
    • Insurance Carriers
    • Agency Photo Gallery
    • Newsletter Signup
    • FAQs
    • Blog
    • News
  • Contact

AllRisk Auto Insurance, LLC Blog

The Impacts of COVID-19 on Home Insurance

10/1/2020

0 Comments

 
Picture
Amid the pandemic, everyone is expected to stay indoors. Almost everything is done remotely, and leaving the house means higher risks of contracting coronavirus. In these trying times, keeping homes safe is very essential. 
​
Around the globe, industries, including insurance, were heavily affected by COVID-19. Here are some of the things the insured need to know about the pandemic’s impacts on home insurance. 
The Case Of New Homebuyers
If someone plans to buy a house and has a secured job, now’s the right time. Applying for a mortgage during this pandemic is a smart move because COVID-19 has caused interest rates to drop. 

Additionally, home insurance agencies have started to offer solutions for existing policyholders. New homebuyers who need coverage for mortgage requirements can also obtain these. What interested buyers can do is contact insurance companies and check whether they can be accommodated or not.

Home Insurance Coverage
The insured might want to know how the pandemic impacts their home insurance coverage. Below are the effects of the coronavirus on the different coverages in home insurance policies.

Property Coverage
Since the pandemic wouldn’t directly affect the home and personal possessions, it can’t affect property coverage. However, more hours at home due to remote work and school set-ups could entail more liability coverage.

Moreover, if someone is paying for home-sharing coverage for rental properties, pausing that coverage could lower costs. People can do this if they’re currently not able to rent out properties through short-term rentals.

Personal Liability Coverage
In events that the insured is held liable for accidents, this coverage will allow the reimbursement of legal expenses. This coverage is vital for homeowners with pets and kids. Damage or injury caused by dependents or pets is the insured’s responsibility. 

Be it a backyard playground or pets; it’s essential to keep in mind that kids wander around due to homeschooling. Keep in mind the limits of the home insurance policy. Coverage is assured if someone gets injured on the insured’s property. However, having at least $300,00 worth of liability coverage is recommended.

Conclusion
While properties can’t catch the virus, it’s essential to know how it can affect home insurance coverage.

​At AllRisk Auto Insurance, we put our clients first by offering them policies that they can afford. Having insurance is a necessity nowadays, and we're here to help you out. Learn more about our products and services by calling our agency at (360) 693-4044. You can also request a free quote by CLICKING HERE.
0 Comments



Leave a Reply.

    Contact Us

    (360) 693-4044​
    5508 NE Fourth Plain Blvd
    Suite B
    Vancouver, WA 98661​
    Click Here to Email Us

    Archives

    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    October 2018

    Categories

    All
    Auto Insurance
    FAQs
    Financial
    Home Insurance
    Insurance
    Local
    Motorcycle Insurance
    Recreational Vehicle Insurance
    Renters Insurance
    Safety

    RSS Feed

Navigation

Homepage
Online Quote Request
Policy Service
Insurance Products
Contact Us
Agent Login

Connect With Us

Share This Page

Contact Us

AllRisk Auto Insurance
5508 NE Fourth Plain Blvd
Suite B
Vancouver, WA 98661​
Phone: (360) 693-4044, 
(360) 578-1930​ - ​​Longview
Toll Free: (888) 693-4044
Click Here to Email Us

Location

Website by InsuranceSplash