FAQ - Home Insurance

My home is worth $300,000. How much coverage do I need?
It depends. You need to base your coverage on the replacement cost of the home, not the actual market value. My job is to help you establish the replacement cost. Need to know the market value? Ask your realtor, or click here if you don't have one.

Do I need flood insurance?
If you own your home and have a mortgage, your mortgage company only requires you to carry flood if you're in the "100 Year Flood Plain", however there is nothing more damaging to a building than water. According FEMA, 25% off all flood insurance claims come from areas of minimal flood risk. Floods and flash floods happen in all 50 states. For these reasons, we recommend everyone, including renters, to carry flood insurance. For more information, go to

My wife lost her diamond ring. Is it covered in my home insurance policy?
It depends. All home owner policies have "special limits" on certain classes of personal property. If the ring, or similar item, has a high value it is unlikely that the full value will be covered. The best way to insure that your high value articles are covered, is to provide adequate proof of value and insure them separately before a loss occurs. At John Delaney Insurance we strive to identify all of your personal property limits to make sure your assets are covered.

I rent an apartment. Do I need insurance?
Absolutely, a for a couple of reasons. For example, if a fire were to start in your apartment you could be held responsible for all the damages, not just your own. Having your own insurance guarantees that all your belongings will be replaced in case of theft, burglary, and most natural disasters. Renters insurance is very inexpensive. Lets modify this just a bit. Last sentence to: If you have your auto insurance with us you may qualify for a multi-line discount and the discount savings, in some cases, saves you more than the cost
of the Renter's Insurance Policy!

Any other discounts available?
Yes. Click here for our discounts page.

Have a question? Ask John!