Homeowners Insurance (HO-3)
The key component of Homeowners Insurance is the dwelling amount, which is calculated by determining the funds it would take to re-build the physical structure of the home. This amount is usually determined by square footage, outside structure, heating, and number of rooms. The Personal Property Coverage is calculated at 75% of the dwelling amount and there is 10% coverage automatically added for attached or detached structures such as a garage or shed. Liability is also included as a cover under the policy.
KDB Brokerage Services LLC charges a one-time broker fee of $125.00 per policy for all new Property and Commercial clients.