Homeowners Insurance

Homeowner Insurance Policy Gaps

Does your New Jersey or Maryland homeowners policy cover all you think it does? If it does not, you don’t want to wait for a loss to find out.


Consider the following two scenarios:


1.The structure of your home gets severely damaged. In fact, the damage is so bad, that the contents of your kitchen are impacted. Your refrigerator, oven, dishwasher and some furnishings are totaled. You have homeowners insurance from a reputable company. When you file a claim, you find that the actual structure of your home is fully paid for and restored to its pre-accident state.

However, the contents of your home are insured at actual cash value, not replacement value. This means the insurance company depreciated the items and you’ll be paid for less than it costs to replace them.

2. There’s a flood where you live. It’s only when you go to file a claim on that ruined carpet that you discover damage caused by flooding is not covered by your homeowner’s policy.

We can help you find gaps in your coverage.

Complete the simple form on this page for a homeowner’s insurance quote.

After we receive your information, we’ll contact you to discuss potential gaps in your coverage. We don’t want you to ever be in a scenario like those mentioned above. Plus, in addition to those, there are several other areas of potential coverage gaps that we can point out for you. They include dollar limits as well as coverage holes.

The Salem Oak Agency was formed in 1997 as part of Farmers of Salem and the Salem Insurance Group.  We’ll make sure you receive the protection you need for your peace of mind and your wallet!