Call Us 800-977-8909

Econo Agency
Econo Agency
  • Home
  • Industry
  • Business
  • Personal
  • Employee Benefits
  • About
    • About Us
    • Our CEO
    • Resources
    • Featured Insights
    • Career
    • Make claim / make payment
    • Privacy Policy
    • Contact Us
  • 한국어
  • More
    • Home
    • Industry
    • Business
    • Personal
    • Employee Benefits
    • About
      • About Us
      • Our CEO
      • Resources
      • Featured Insights
      • Career
      • Make claim / make payment
      • Privacy Policy
      • Contact Us
    • 한국어

  • Home
  • Industry
  • Business
  • Personal
  • Employee Benefits
  • About
    • About Us
    • Our CEO
    • Resources
    • Featured Insights
    • Career
    • Make claim / make payment
    • Privacy Policy
    • Contact Us
  • 한국어

Home insurance

A brown house
Bunch of condos

.

Bunch of townhouses.

Obtaining homeowners insurance has become increasingly challenging. The escalating expenses associated with construction and labor, coupled with a notable surge in claims, have amplified the risk exposure for insurance companies. Consequently, numerous insurers are outright declining new business. Nevertheless, we are committed to evaluating your requirements comprehensively and securing appropriate coverage tailored to your needs.

Why home insurance is important

 It is really all about protecting yourself financially if something unexpected happens to your home or possessions. That's important because chances are your home is likely one of your largest investments. 

Q1. What is home insurance?
Home insurance, also called homeowners’ insurance or property insurance, is a policy that provides financial protection for your home and its contents in case of damage, theft, or loss. It also offers liability coverage if someone is injured or their property is damaged while on your property.

Q2. What does home insurance typically cover?
Most policies include:

  • Dwelling Coverage: Protection for the physical structure of your home (walls, roof, floors, attached structures) against risks like fire, windstorms, hail, lightning, and vandalism.
     
  • Personal Property Coverage: Protection for belongings such as furniture, clothing, appliances, and electronics against covered perils.
     
  • Liability Coverage: Covers legal and medical expenses if you’re responsible for injuries or property damage to others.
     
  • Additional Living Expenses (ALE) or Loss of Use: Pays for temporary housing, food, and other living costs if your home is uninhabitable due to a covered loss.
     
  • Medical Payments to Others: Pays for medical expenses if someone is injured on your property, regardless of fault.
     

Q3. Are there optional coverages available?
Yes. Home insurance policies can include:

  • Coverage for high-value items like jewelry, art, or collectibles (often requiring special endorsements).
     
  • Flood or earthquake insurance, which usually require separate policies or riders.
     
  • Additional liability protection through umbrella policies.
     

Q4. Why is home insurance important?
It safeguards your home, personal property, and financial security, ensuring you can rebuild, replace belongings, and protect yourself from liability claims without facing devastating out-of-pocket costs.

Q5. Does homeowners’ insurance cover all types of damage?
Not always. While it covers common perils (like fire, theft, or wind damage), separate policies may be needed for floods, earthquakes, or certain high-value items. Reviewing your policy is important to make sure you have full protection.

Q6. Who needs home insurance?
Any homeowner, condo owner, or property owner should carry home insurance, both for personal protection and because most mortgage lenders require it as a condition for home loans.

Industry

- Homeowners

- Condominium

- Renters

- Landlord Home 

- Landlord Condo

Homeowners Services

Competitive Quoting

Competitive Quoting

Competitive Quoting

 Get competitive homeowners insurance quotes for comprehensive protection. Our easy process ensures the best coverage at competitive rates, safeguarding your home and belongings 

Claims Assistance

Competitive Quoting

Competitive Quoting

 Count on our responsive claims service for homeowners insurance. Our dedicated team ensures quick and fair settlements, available for your peace of mind. We're here to guide you through the process, restoring your home and belongings efficiently and effectively. 

Remarketing Review

Competitive Quoting

Remarketing Review

  Explore remarketing options for homeowners insurance on a yearly basis if needed. Renew your policy, switch providers, or tailor coverage to suit your changing needs.

Coverage Planning

Expert Consultation

Remarketing Review

 Our team at Econo Agency will gladly discuss extra coverages for your home protection if needed. We do a yearly checkup on your property to see if you are fully insured and will advise you so if underinsured.

Expert Consultation

Expert Consultation

Expert Consultation

 If you are unsure of what kind of insurance you need to fulfill any agreement, whether it’s a lease, condo, mortgage, etc, just give us the details and we will provide advice with pleasure. 

Contact Us

Schedule a Free Assessment

Attach Files
Attachments (0)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

visit us or GIVE US A CALL

Adviser: Jin Park 201-212-5060

Econoworld Agency, Inc.

222 Bruce Reynolds Boulevard, Suite 440 Fort Lee, NJ 07024, United States

1560 Broadway Suite 800, New York, NY 10036 United States

Hours

Open today

08:30 am – 05:30 pm

Kakao talk QR code

connect with us

Econoworld Agency, Inc.

222 Bruce Reynolds Blvd. Suite 440, Fort Lee NJ 07640

800-977-8909

Copyright © 2025 Econoworld Agency, Inc. - All Rights Reserved.

This website uses cookies.

We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.

DeclineAccept