Your home is more than just four walls—it’s the foundation of your family’s security and the result of your hard work. At First Water Insurance, we specialize in high-limit protection that ensures a catastrophic loss doesn’t mean starting over from scratch.
Full Replacement Cost: We don’t just cover the “market value” of your home. We ensure your policy accounts for the actual cost of labor and materials to rebuild in today’s economy, which is crucial given the rising costs our contractor clients are seeing.
Liability Defense: If an accident happens on your property, our policies provide robust liability limits to protect your personal savings and business interests from legal claims.
Scheduled Personal Property: High-value items like specialized tools, jewelry, or electronics often have “sub-limits” on standard policies. We help you schedule these items so they are fully covered.
Loss of Use: If a fire or storm makes your home uninhabitable, we ensure you have the funds to maintain your standard of living while repairs are underway.
If you are a plumber, electrician, or painter, you likely have thousands of dollars in gear stored at home. We help you navigate the fine line between Homeowners and Inland Marine coverage to ensure your professional tools are protected even when they aren’t on the job site.
Bundle & Save: By placing your Home and Auto with the same carrier through First Water, you can unlock discounts that significantly lower your total annual spend.
A: Standard homeowners policies typically have very low limits (often $2,500 or less) for “business property.” If you are a tradesman with an expensive setup, we recommend adding a specific endorsement or a separate policy to ensure your livelihood is protected.
A: While they don’t directly change your home premium, they increase your liability profile. We often recommend that families with teen drivers increase their homeowners liability limits or add a Personal Umbrella Policy to create a seamless wall of protection around the home.
A: “Actual Cash Value” pays you what your items are worth today (depreciated). “Replacement Cost” pays you what it costs to buy them new. At First Water, we prioritize Replacement Cost so you aren’t left digging into your savings to recover from a claim.
