Find the Best Ways To Protect Your Most Valuable Assets (Your Family, Your House, Your Autos, & Your Wealth) with Premier Shield Standard & High-Value Home Insurance
Find the Best Company Coverage for Homeowners Insurance with Premier Shield Insurance
Your home is one of your biggest assets. That’s why it’s important to do everything you can to protect it. We’ll help you plan for the unexpected with insurance coverage that’s just right for your home and your family.
Get the Premier Shield insurance company coverage options your home needs to stay protected in the event of a claim.
Your home is the center of your life when something bad happens like a costly repair or home insurance claim. And for most people, it’s also their biggest investment.
That’s why as trusted and experienced homeowners insurance agents, we advise customers to take a “pride of ownership” when it comes to fixing home and property damage. So make sure you cover the unique challenges & risks you face as a new or existing home or condo owner when it comes time to obtain or use your home insurance.
Homeowners Pro Tip: Add low-cost and affordable home policy endorsements like “Equipment Breakdown Coverage” and “Service Lines Coverage” to better protect your home from big-ticket repair items that can be covered under your homeowners’ insurance policy.
What are the risks your home faces?
“It’s always best to start with the end in mind”. When it comes time to file a claim, you want to be confident you made the right coverage selection choices. Over 75% of homeowners in the US either don’t review their home insurance coverage annually or don’t know they’re missing vital coverage that will save them thousands in the event of a property claim.
Now, just try to imagine if your house caught on fire. Not only would you lose your home, but you’d also be burdened financially and emotionally (trust me, I’ve had a few friends that had to live in motels when their homes were being rebuilt, it isn’t pleasant).
Without adequate home insurance coverage, you would be left with no way of raising the funds to pay off the balance of the mortgage if you have a very BASIC Fire/Lighting DP-2 type policy. They are very rare, but we see homeowners with them in Texas. Of course, the policy for your home insurance may also provide you with coverage for more common things like leaky pipes and property damage. When it comes to water damaged specifically, it’s smart to mitigate risk immediately. Even small issues can add up, and having comprehensive home/property insurance coverage helps you protect your home and investment properties.
Click it. Read it. Cover it.
- Click on the hotspots.
- Discover your risks.
- Get the right coverage.
Most fires are devastating. Besides the emotional impact, the physical damage to your home can be significant. If you lost your home to fire, do you have adequate insurance to replace your home and its contents? Remember, inflation rates on building materials and construction costs rarely track with real estate values. As a result, rebuilding a home can often cost significantly more than expected.
Be sure to look for coverage that will account for replacement costs above the actual value of the home due to increased costs for building materials and construction. Also, local ordinances and building codes tend to change over time, which may require additional expense. Talk to your agent to find out what’s available for your home.
Personal Property / Contents - Property Damage
When your home suffers damage due to an unexpected event, your personal property is also at risk. Furniture, appliances, clothing, electronics, and other personal items can also be damaged or destroyed.
Your homeowners insurance policy typically covers personal property, including the contents of your home and other personal items owned by you or family members who live with you. Make sure your homeowners policy includes replacement cost coverage for personal property so that you always receive the full cost to replace whatever item is damaged.
Additional Living Expense / Loss of Use
When there is substantial damage to your home due to unexpected events such as lightning, fire, or a storm, you may not be able to live in your home until it can be repaired or rebuilt–potentially incurring additional living expenses for lodging, food, and other daily needs.
Ensure that your homeowners insurance policy provides additional living expense or loss of use coverage to compensate you for the additional costs you incur for reasonable housing and living expenses if a covered event makes your house temporarily uninhabitable while it's being repaired or rebuilt.
Jewelry, Fine Arts, and Collectables
If your diamond ring disappears or valuable artwork is stolen, your standard homeowners policy may not compensate you for the loss. Homeowners policies include coverage for your belongings and personal property, but some special items like jewelry, furs, silverware, antiques, collectibles, and other valuables have limited or no coverage and need to be insured separately.
Valuable possessions insurance covers personal property that may have unique value, cannot be replaced like regular personal property or is subject to special types of losses such as breakage or mysterious disappearance. For most valuable possession categories, there is no deductible applied at time of loss. Valuable possessions insurance can be added to your homeowners policy or may be written as a separate policy.
If a guest is injured while on your property, even when it’s due to a friendly game of baseball, you may be required to pay any medical expenses associated with their injury.
Your homeowners policy should include medical expenses coverage to take care of injuries and treatment - generally not of a serious nature. In the event a person is injured on your property and requires medical attention, you would be able to submit the injury-related medical expenses to your insurance carrier. Medical expenses are usually paid without a liability claim being filed against you.
In the unfortunate event that someone slips and falls while on your property, you and your family may be held liable for any injuries that result.
Your homeowners policy includes personal liability coverage to respond to incidents where injuries or damages occur to a third party where you may be deemed negligent. However, you should consider purchasing a personal umbrella or excess liability policy to provide additional coverage limits to protect your assets in case a lawsuit is brought against you.
The fun that comes with having a trampoline in your backyard can also be accompanied by serious risks, which may not be covered under your standard homeowners insurance policy since coverage varies from state to state and between insurance companies.
You should make sure your homeowners insurance policy covers your trampoline, as many insurance providers refuse to take on trampoline liability and exclude the item from coverage.
Young people are usually very active online. However, using social media and other sites can increase the possibility of them directly or indirectly damaging someone's reputation and exposing you, the parent, to a lawsuit.
Your homeowners insurance policy includes liability coverage for property damage caused by any member in the family, but it may not cover rumors or statements that damage a reputation. You need to add an endorsement to your policy to expand coverage to include liability protection that covers personal injury.
Umbrella / Excess Liability Coverage
You invite guests over for a pool party and one of your guests dives into the shallow end of the pool and is permanently injured. They hire a lawyer to represent them and after a long legal battle, you and your family are left financially responsible for their injuries. Do you have enough money in savings to cover your legal responsibilities as well as the legal defense costs?
An umbrella or excess liability policy increases your personal liability limits by adding protection over and above your current auto, boat, or homeowners policies-providing real financial value, as well as priceless peace of mind. Excess liability insurance is available either by an endorsement to your homeowners policy or available as separate coverage.
You do not have to live near a body of water to suffer loss due to flooding. With the changing weather patterns and more damaging storms occurring around the globe, flood losses are becoming more common in places that are not normally prone to flood damage. Your homeowners policy does not cover damage from flood. Could your home be at risk?
Purchase a flood insurance policy to protect your home and covered contents from certain types of flood losses as designated by the National Flood Insurance Program. A flood policy is purchased as a separate policy through the federal program (NFIP) or through a servicing carrier known as a write your own carrier.
Owning a secondary home has the potential of increasing your liability exposures.
Be certain that you extend the liability coverage under your homeowners policy to include your secondary home. You should also consider including the secondary home under an excess liability or umbrella policy to provide for additional liability limits.
Collector vehicles often have significant value and require specialized insurance coverage and claims handling.
Schedule your collectible vehicle on a separate collector car policy. By doing so, you are protecting the vehicle for either the appraised value or market value.
If you are a connoisseur of wine, you know that it is susceptible to outside environmental exposures that can ruin it. If the collection is damaged, coverage from your homeowners policy is a possible recourse. However, the damage is only insurable if it is a covered cause of loss as outlined in your homeowners policy. A deductible would also apply.
If you have a sizable wine collection, you may want to consider scheduling the collection on your homeowners policy. Doing so expands your coverage and eliminates the deductible in case of a loss. You can also consider unique coverages for wine, such as for spoilage.
Most homeowners policies exclude coverage for water back-up damages as a result of a clogged drain, sewer, or sump pump.
Water backup coverage can be added to most insurance policies. Consider adding it so that you have the coverage you need in the event of damages caused by a clogged drain, sewer, sump pump, and related risks.
Surprisingly, standard auto insurance does not cover personal property or contents stolen from your car.
Most homeowners policies offer an option to include off-premises theft coverage as an endorsement, which covers you for theft of your personal property away from your residence.
Protecting your home starts with the right insurance.
Finding the right coverage for your unique needs can seem overwhelming. We make things simpler by creating an insurance policy that gets you the proper coverage for your house at the right price.
Every home is different, your coverage should be too.
Home insurance policies cover a range of options tailored to fit the needs of your home and lifestyle. When reviewing your home insurance options, consider the following coverages:
- Personal Property / Contents
- Property Damage
- Additional Living Expense /
Loss of Use
- Jewelry, Fine Arts & Collectibles
- Medical Expenses
- Personal Liability
- Miscellaneous Coverage
- Personal Injury
- Excess Liability Coverage
- Flood Coverage
- Secondary Home
- Collectible Cars
- Wine Collection
- Water Back-Up
- Off-Premises Theft
Do you have the right Maine homeowners’ insurance policy or coverage?
Does your current Maine property/condo/home insurance policy cover all your needs? Chances are, it doesn’t. As your local New England insurance advisor, with over 20 years of insurance & financial services experience, Premier Shield Insurance agents work with you to determine the risks your home faces.
Maine home insurance agents at Premier Shield can help you customize your coverage to fit your specific needs. Premier Shield insurance specializes in BOTH Maine High-Value Home Insurance AND finding the best price and coverage for first-time homebuyers in Maine.
Contact us today to discuss your options.
Premier Shield Maine Insurance Coverage Quote Request
As a trusted & experienced independent insurance agency, Premier Shield auto and home insurance agents can help you save both money and time comparing bundles, packages, rates, and pricing options for your home and auto insurance company bundle.
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Premier Shield’s Maine Insurance Coverage
Find Maine luxury car and home insurance coverage options and policies for residents located in the state of Maine (ME) with the help of an expert Premier Shield insurance agent.
Our agency has relatives and vacations in Sebago Lake each year. love helping residents in Maine and truly enjoy helping local VA residents find better insurance auto and home insurance bundles.
Discover the best Premier Shield Insurance companies in Maine for Insurance Coverage (Homeowners, Car+Auto+Truck, Flood, Motorcycle, or Business,)
Our ME home and car insurance agents at Premier Shield help you find “The Best Insurance Companies in Maine” for you and your family’s, “Standard” (Homes up to $500,000 in value), “Luxury” (Homes from $500,000 to $1,500,000) and “High-Value Home” (Homes from $1,500,000 up to $5,000,000.
Our expert home insurance agents can help find you the right coverage and price for your house.
Speak with a licensed Maine home insurance specialist at Premier Shield Insurance by phone at 1-774-847-7746 or request a ME home insurance quote online.
Premier Shield offers the best ME auto and homeowners insurance bundles in the following Maine communities.
Find Premier Shield Insurance Agency’s Coverage for “Homeowners, Flooding, and CAR Insurance Company Coverage by Town (in Maine).