Waterfront houses have features that landlocked houses do not have. One of which is the dock or pier that makes it easier for homeowners to reach the waters. It is an essential part of the home given that most people choose the dwelling for the exact reason of doing recreational activities.
Homeowners can keep their boat on the dock, and it is also the reason why some insurance include this section of your home in the coverage. The dock is most exposed to weather perils. Homeowner policy might not cover this especially with the physical damages due to:
- The weight of ice/water
Moreover, you might need windstorm coverage. Waterfront houses may be prone to hurricanes and windstorms, so getting that added policy is a must.
Before purchasing your waterfront house, make sure that you know all the possible coverage you need. Aside from the amount you need in buying a home, the insurance and added policy might cost you more. Maintaining a bulkhead can also add up to your expenses. Bulkheads are the barriers that are made of stones and rocks that serve as the divider between the houses and the water.
Also, remember that there might be a home improvement you can’t do to the waterfront house. Some materials may not be ideal for the place. The restrictions vary depending on the community where the waterfront houses are.
Be financial-wise and see if your budget can take care of all these important matters.
At Western Pacific Insurance, we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at 702-932-3105 or Click Here to request a free quote.