Get Great Coverage at Great Rates with Insurance Brokers of Maryland
Independent and Experienced, We’ll Find Your New Homeowners Insurance Policy
Protect Your Biggest Investment and Save Money, Too
Welcome to the club – the Maryland Homeowners Club. Buying a house is one of the best financial decisions anyone can make, but it comes with no small amount of responsibility. Among those responsibilities is the need to protect your major investment with a well-chosen home insurance policy.
That’s where Insurance Brokers of Maryland comes in . . . and saves the day.
Take Advantage of Our Independence as an Agency
Our Team of Independent Agents Will Do the Shopping for You
One of our strongest selling points is that Insurance Brokers of Maryland is a fully independent insurance agency. That means we’re not bound to selling policies from any one particular homeowners insurance company, but instead we’re able to solicit quotes from a wide variety of reputable insurance companies in Maryland. As a result, you can select the one policy that meets your needs (and fits your budget).
Work with us. We’ll ask the right questions to get the best information about what you want covered and how much you want to pay. Then we’ll utilize our vast resources to obtain reliable (free) quotes from various home insurance companies, and present them to you. Then it’s up to you.
But you’re never alone when you work with Insurance Brokers of Maryland. We do a lot more than get quotes. We sit down with each client and explain exactly what each prospective policy covers (and what it doesn’t). We take the time to make sure that our clients understand their policy limits, additional riders, and other coverage options, so they know just what they’re getting for the money they’re paying.
Together, we’ll work through the home insurance buying process, ensuring that the policy you buy is 1) affordable, 2) as comprehensive as you need it to be, and 3) compliant with requirements set forth by your mortgage lender.
Plus, if you ever need to file a claim with that insurance company, Insurance Brokers of Maryland is your advocate in that process, too. We’re with you every step of the way, before and after the policy goes into effect.
What Home Insurance in Maryland Covers (and What It Doesn’t)
Know What You’re Getting for Your Homeowners Insurance Premiums
If you’re a new homeowner in Maryland (or about to become one), you probably already know you need home insurance – but you might not know exactly why.
Got a mortgage? Your mortgage lender likely requires you to carry a home insurance policy – because they’re (financially) just as invested in your house as you are.
Don’t got a mortgage? You still need a home insurance policy . . . because one thing that’s true about life (especially as a homeowner): You never know what’ll happen.
So what does home insurance in Maryland actually cover, anyway?
Damage to your home (Dwelling coverage)
The most fundamental aspect of standard homeowners insurance policies is what’s known as dwelling coverage. That’s insurance-speak for protection (i.e., a payout of money to recompense in event of damage or loss) whenever something happens to your physical house. Such events could be a fire (or smoke from it), a hailstorm, or high wind damage, although other events may qualify as covered, too. Be sure to go in-depth with your Insurance Brokers of Maryland agent to gain a complete understanding of which damaging events are covered by your home insurance policy, and which aren’t.
Injuries to guests and visitors (Liability coverage)
This is important. Let’s say a delivery driver comes by to drop off a package, but they trip on a protruding piece of wood on your deck, fall, and hurt themselves. They can’t work, and you just might find yourself on defense in a civil lawsuit. In such a case, your homeowners insurance policy is your friend. Not only does it provide protection in the event of litigation, it also provides medical payments coverage to pay for hospital and therapy bills incurred by the injured party. Be sure to discuss this potential eventuality with your agent at Insurance Brokers of Maryland.
Damage to your stuff (Personal property damage)
What if your home were burglarized? In addition to being extremely traumatic, a burglary means damage to and loss of personal property. Coverage options provided by your home insurance policy can provide a payout equal to the estimated value of the damaged or stolen belongings, such as clothing, furniture, equipment, and appliances. (Certain high-value property, such as jewelry or collectibles or fine art, might not be covered and would require a separate rider or policy.) This benefit also comes into effect when you suffer damages or losses of personal belongings from an event like a fire or a septic backup – but talk with your Insurance Brokers of Maryland agent to get the full scope of what’s covered and what isn’t.
Expenses in case of temporary relocation (Additional coverage)
Extensive damage to your Maryland home can make it uninhabitable until it’s restored. If you ever need to temporarily house your family in a hotel while your house is being fixed, you’ll need money to pay that bill (and to pay bills in general) – and you’ll be glad you have a home insurance policy that does just that.
Caution: Flood insurance is different! (And usually not covered)
Many new homeowners don’t realize that they’re not protected in case of a flood – even if that flood is from a backed up sewer or septic line. Water is extraordinarily damaging to a house (and pretty much anything else), so very few homeowners insurance companies include flooding as a protected event. To cover your biggest asset against one of the most damaging occurrences possible, you’ll need to purchase a flood insurance policy from the National Flood Insurance Program or a private home insurance company.
It’s not beyond the realm of possibility that we’ll get a hurricane visit us in Maryland – especially if you live on the Eastern Shore or near the Chesapeake Bay. But even further inland, a hurricane can cause damage to your home. If the damage is ruled as caused by wind or rain or hail, you’re likely covered; if it’s due to a flood or an intrusion of water, you’re likely not covered. Talk with your agent at Insurance Brokers of Maryland about flood insurance to protect your home against devastating flooding.
Caution: Earthquake insurance is also different!
Earthquakes can happen anywhere; just because big temblors are exceedingly rare in Maryland doesn’t make them impossible. If you ever feel the earth move under your feet, your home will definitely feel it too – and could result in damage to your foundation, roof, windows, or personal property. Just like flood insurance, talk with your agent at Insurance Brokers of Maryland about earthquake insurance . . . because if you wait long enough, it will happen.
Optional coverage: Guaranteed replacement cost coverage
There are limits to how much any homeowners insurance policy will pay out, no matter the circumstances. In exchange for an increase in premium, you can opt for guaranteed replacement cost (GRC) coverage. That’s one of the additional coverage options you can include in your home insurance policy, and it provides money to completely replace or rebuild your home in the event of a covered loss – even if that amount of money is greater than what the policy would normally pay. This benefit does have some limitations and moving parts to it, so be sure to discuss it thoroughly with your Insurance Brokerage of Maryland agent.
Other Forms of Insurance Maryland Homeowners Should Know About
From Renters Insurance to Personal Umbrella Insurance, Get Familiar with Your Coverage Options
Insurance Brokers of Maryland is a true full-service insurance agency. As such, we’re able to provide numerous coverage options that – put together – completely insure your home (and protect your financial interests).
Among the additional coverage options you might want to consider as a supplement to your homeowners insurance policy: guaranteed replacement cost coverage, flood insurance, earthquake insurance, renters insurance, condominium insurance, and identity theft coverage.
Renters insurance is for people who rent a room, apartment, or other domicile and want protection of their personal property against damage, theft, or loss.
Condominium insurance is for people who own a condo, but recognize that the condominium’s group policy only covers the structure and property beyond the walls of the individual condo; to insure the unit itself along with everything inside of it, the condo owner would be advised to consider condominium coverage.
Identity theft is a bane in modern society, but it’s a reality we must deal with. Fortunately, many homeowners insurance companies offer identity theft protection as an optional rider or endorsement to a home insurance policy. For a few dollars more every year, you can add coverage options that provide reimbursement for certain expenses (including legal fees and lost income) in case your identity is ever stolen – which we very much hope it never is.
Looking for the Cheapest Homeowners Insurance? That May or May Not Be Right for You
In Maryland, Homeowners Insurance Rates Can Vary Depending on What You Want Covered (and Where Your House Is)
Many clients come to Insurance Brokers of Maryland looking for the cheapest home insurance companies – and we can definitely find them for you. However, as experienced insurance advisors, we know that the cheapest policy isn’t necessarily the best policy (although it could be). Over the years we’ve seen many examples of inadequate home insurance, and many policyholders who – after disaster strikes – wish they’d made a different choice.
We strive to find that balance between obtaining sufficient protection and keeping within your budget. Again, that’s where our status as independent agents becomes a significant benefit to our clients. We shop around for the lowest home insurance rates, then select those policies (from the best home insurance companies) that would actually cover what you need covered. The last thing we want is for a client to be underinsured at a time when insurance is needed most.
Like with pretty much anything, you get what you pay for – and that’s true for homeowners insurance in Maryland, too.
Serving Maryland from Easton to Oakland, Salisbury to Westminster
We Work With Some of the Largest Home Insurance Companies in Maryland
Insurance Brokers of Maryland provides Maryland homeowners with the best homeowners coverage options available – no matter where in Maryland you live!
Our agents are licensed to sell insurance throughout the Free State. So whether your home is in Hagerstown or Hyattsville, Cumberland or Cambridge, Ocean City or Owings Mills, we’re still your local agents.
Contact the Friendly, Experienced, Independent Agents of Insurance Brokers of Maryland
We Promise a Thorough Search, Dependable Advice, and Total Customer Satisfaction
Is homeowners insurance required by your mortgage lender? Or do you own your home outright and want to find more economical coverage options? Either way, an independent brokerage is the way to go – and Insurance Brokers of Maryland is the agency to go with.
We’re easy to reach:
- Call us at 301-668-2233
- Message us at InsuranceBrokersOfMD.com/contact
- Connect with us on Facebook @InsuranceBrokersOfMD and Twitter @Insurance_MD\
- Visit our brick-and-mortar offices: in Frederick at 182 Thomas Johnson Drive, Suite 202; in Emmitsburg at 600 East Main Street
Simply give us a contact (or a visit!) and tell us some basic info so we can start putting together free quotes from highly rated homeowners insurance companies in Maryland. Let’s talk about your homeowners insurance needs – and let’s find out how we can save money by bundling policies, such as combining home and auto insurance with one insurance company.
Get great homeowners policies at great average rates from great insurance companies in Maryland. Work with Insurance Brokers of Maryland for high-quality, affordable home insurance in Maryland that fits your needs and your budget.
