Home Insurance Lake Oswego
Your home is your castle and may be your most valuable asset. Whether you have a beachfront property, a historic home downtown, a cabin in the woods, or something in-between, Schmidt Insurance Group in Lake Oswego will customize a policy just for you to help you protect your investment.
Why Choose Schmidt Insurance Group?
You may be thinking that “where” you buy your insurance is not important, but this misconception could be costing you money, service, and protection. There is a difference. At Schmidt Insurance Group, we do our best to design the best plan for protecting your finances, your family, your property, and your prized possessions.
- We are real, live members of the PNW community.
- We take the time to understand your unique needs.
- We’re specially trained in high-net-worth households and can help you find the exact amount of coverage you need.
- We use the most up-to-date technology to make your insurance experience easy and convenient.
- We’re passionate about customer service and committed to always being there when you need us.
- We welcome the opportunity to earn your business.
- We know our Schmidt!
Frequently Asked Questions (FAQs) About Home Insurance
Q. What is home insurance?
A. Home insurance, also known as homeowners insurance, provides you with financial protection in the event of a disaster or accident that involves your home. It will help pay to repair, rebuild, or replace your home, other structures on your property, and your belongings in the event of a destructive event, such as a fire. It will also help cover your liability for any injuries or property damage to others that are caused by you or members of your family (including your household pets).
Q. Am I required to have home insurance?
A. If you have financed your home with a mortgage, your lender will most likely require you to have at least some basic homeowners coverage. If you’re lucky enough to be able to pay cash for your home without a mortgage, or you’ve paid off your mortgage, you could skip the home insurance… but it’s a good idea to have it anyway!
If your home was ever completely leveled by a covered risk, such as a fire, could you afford to rebuild it out of your own pocket? If it’s chock-full of family heirlooms or other valuables and was burglarized, could you afford to replace everything you lost? If a visitor fell down your stairs, could you afford to pay their medical bills? Instead of putting your finances and your family’s future in jeopardy, invest in a home insurance policy from Schmidt Insurance Group and enjoy peace of mind!
Q. Are floods, earthquakes, and other natural disasters covered?
A. Most standard homeowners’ insurance policies cover a wide variety of catastrophes, such as fire, lighting, windstorms, hail, explosions, civil commotion, vandalism, malicious mischief, and theft, subject to policy limits and deductibles.
For the most part, however, flood, earthquake, and volcano damage are not covered by a standard home insurance policy. If you live in an area where floods are frequent, you can purchase a special flood protection policy. If you live in an area known for seismic activity, like Oregon or Washington, you also have the option of purchasing supplemental earthquake insurance. If you live near active volcanoes, such as parts of Washington, you can purchase additional coverage for volcanic disasters.
Home insurance protects your home and personal property — that’s a no-brainer. At Schmidt Insurance Group in Lake Oswego, we can also help prepare you for a plethora of other unexpected things! Contact us today at (503) 206-0881 for a free quote, and see how we can help.
