Home Insurance

Each year when the master policy expires, your lender may request proof of master policy insurance.

While we have documents in the office, what you will need to gives them specifically names you and your address on what’s called a certificate of insurance.

To obtain these, please go to www.eoidirect.com.

As an aside, the worst time to find out you don’t have proper coverage is in the middle of a claim!

The master policy has specific exclusions that are disclosed each year as part of the budget package.

Two important takeaways is make sure you have personal policy to cover those excluded items, and make sure your policy includes something commonly referred to as gap insurance.

When you file a claim against the master policy, you would be responsible to pay the deductible of $10,000.00