New Jersey Homeowners Insurance Information
Morris County, NJ and Surrounding Areas
Whether you own a house, condominium or townhouse, for most
people their home is their most important investment. W.R. McClure
Insurance Services offers New Jersey homeowners insurance
policies that have flexibility to meet your individual needs and above
all, provide you with the security that comes only from the knowledge
that your home is safe. Insurance for your home is one of the most
popular and important forms of personal insurance and the typical
New Jersey Homeowners Insurance policy has two main sections:

Section I - insurance coverage for your property
Section II - personal liability coverage (to cover you in case of lawsuits
arising from things that happen on your property)
Homeowners insurance is often required by lenders to obtain a
mortgage and nearly everyone, whether you own or lease property,
should have the protection of New Jersey homeowners insurance.
New Jersey Homeowners Insurance FAQ
Click on the link below to fill out a quote request form for a Morris County, NJ area Homeowners
Insurance policy that will provide excellent insurance coverage at an affordable cost. Or you can
speak with our New Jersey Homeowners Insurance agent specialist at (973) 584-5850 to discuss
the insurance policy features in more detail.
We are a Flanders, NJ insurance agency offering affordable New Jersey homeowners insurance
policy premiums to residents of the following towns, cities and counties in New Jersey: mount
olive, budd lake, hackettstown, ledgewood, succasunna, naughright, chester, mount freedom,
randolph, wharton, dover, beatyestown, port murray, great meadows, netcong, mount arlington,
hopatcong, mount hope, morristown, rockaway, morris plains, mendham, whippany, parsippany,
boonton, hurdtown, espanong, greendell, pottersville, bernardsville, basking ridge, mountainville,
high bridge, bunnvale, hampton, washington, hope, newark, trenton, camden, elizabeth, jersey city,
paterson, hackensack, cherry hill, vineland, millville, toms river, atlantic city, piscataway, fort lee,
orange, union city, paramus, new brunswick, bayonne, hoboken, north bergen, essex county,
middlesex county, mercer county, hunterdon county, bergen county, passaic county, morris
county, warren county, sussex county, somerset county, union county, hudson county, gloucester
county, camden county, burlington county, atlantic county, ocean county, cumberland county,
salem county, monmouth county, cape may county, NJ. We also offer homeowners insurance
coverage throughout Connecticut, Pennsylvania, and New York.
Covered losses under a New Jersey homeowners insurance policy can be paid on either a
replacement cost basis or on an actual cash value basis. When "actual cash value" is used, the
policy owner is entitled to the depreciated value of the damaged property. Therefore, the older the
item is, the less money you may receive for it. If you choose the "replacement cost" coverage, the
New Jersey homeowners insurance policy will reinburse the amount it costs to replace the property
with something of a similar type and quality at current prices.
Replacement Cost or Actual Cash Value
New Jersey Homeowners Insurance Policy FAQ
An "All Risks" policy provides the broadest New Jersey homeowners insurance protection
because it will cover losses that are due to any peril except those specifically excluded in the
policy. A "Named Perils" policy covers losses that are due to only those perils listed in the
standard New Jersey Homeowners Insurance policy and typically include fire, hail, windstorm,
and other physical losses.
New Jersey Homeowners Insurance Policy FAQ
All Risks or Named Perils
If your policy limit is less than 80% of the replacement cost of your home, you will face a
"coinsurance penalty," which means you'll have out-of-pocket expenses to cover costs beyond
the policy deductible you chose. For example purposes we will assume your home's estimated
replacement value (RCV) is $100,000. The co-insurance clause requires you carry at least
$80,000 (80% of your RCV). If you chose to purchase only a $40,000 New Jersey Homeowners
Insurance policy you would be underinsured by half. Therefore, in the example the insurance
company would pay one-half of a loss less the policy deductible, so if you suffered a $10,000
covered loss to your house, condominium or townhouse and had a $500 deductible, your
homeowners insurance policy would only pay $4,500.
New Jersey Homeowners Insurance Policy FAQ
Coinsurance Penalty
Personal liability in a New Jersey homeowners insurance policy is also an important part of having
security from accidents that may occur on your property. We suggest you choose coverage limits
that are not less than those on other liability insurance you own, such as car insurance.
Click on the link below to fill out a quote request form for a Flanders, NJ area Homeowners
Insurance policy that will provide excellent insurance coverage at an affordable cost. Or you can
speak with our New Jersey Homeowners Insurance agent specialist at (973) 584-5850 to discuss
the insurance policy features in more detail.
Personal Liability
New Jersey Homeowners Insurance Policy FAQ
**The information, pictures, and other content in this website about particular insurance services is only
provided for informational purposes. Any decisions regarding your insurance needs should be discussed
with a licensed insurance agent.

Please be advised that insurance coverage cannot be bound, changed or confirmed via voicemail, email,
fax or online at the agency's website. You must speak directly with a licensed insurance agent.
( also CT, PA & NY )
W.R. McClure
Insurance Services
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enough to maintain personal relationships.
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from our wide range of insurance carrier options.
W.R. McClure
Insurance Services, Inc.
230 Route 206
Building 1 - Suite 8
Flanders, New Jersey 07836
Morris County, NJ
Office: (973) 584-5850
Fax: (973) 584-3440

(973) 584-5850
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If choices are available, a home buyer should consider each houses insurance
costs before making that final house buying decision. Factors for determining
your New Jersey homeowners insurance premium include the following.

1.Condition and age of the house
2.Size of the house
3.Building construction type (brick, frame, EIFS, etc.)
4.Information on any renovations done to the original construction
5.House location and distance to closest fire station
6.Safety devices in the house (alarm systems, smoke detectors, sprinklers, etc.)
7.Whether house used full-time or part-time, such as a vacation home or
seasonally rented to others
8.Flood and other natural disaster risks for house and area (flood, hurricane,
earthquake, etc.)
9.Amounts of deductible and coverage limits and benefits chosen
10.Personal credit history of the homeowner(s)
11.Insurance score
* Condition and age of the building *
Not surprisingly, older homes cost more to insure. They tend to cost more to
repair and more prone to damages. A new home will have new heating and
cooling systems, and newer electrical wiring. Keeping your older home well
maintained will save you money in insuring it.

* House Size *
Insurance companies may charge more based on a homes square footage.
Also not surprisingly, the larger the house, typically the cost to insure it
increases. More risk to the insurance company must be passed on to you.

* Building construction type *
The more fire resistant materials your home is built with the better for receiving
lower homeowners insurance premium costs. Concrete, stone, and brick are
safest, while frame houses built from wood are more prone to larger fire
damage. Some less expensive exterior insulation finishing systems (EIFS) can
be lacking in fire resistance to the point that insurance could be denied. Know
the possible consequences of what you are buying.
* Information on any renovations done to the original construction *
Renovations usually increase your homes value and cost to insure. All
renovations need to be shared with the insurance agent for determining your
homeowners insurance premium.

* House location and distance to closest fire station *
Theft and other crime rate statistics for your area will be weighed in determining
homeowners insurance policy premium. The farther your house is located from
a fire station or police station, the higher your homeowners insurance premium.
Both important things to consider if you have home buying options.

* Safety devices in the house (alarm systems, smoke detectors, sprinklers,
etc.) *
House alarm systems, smoke detectors, carbon monoxide detectors, and
sprinklers will reduce the cost to insure it. Better safety is good for you, your
family, and ultimately your wallet.
Determining New Jersey Homeowners Insurance Premium
* Whether house used full-time or part-time, such as a vacation home or
seasonally rented *
An often empty house, such as a vacation home or one rented seasonally to
others, is more prone to burglary and therefore costs more to insure than a
primary dwelling.

* Flood and other natural disaster risks for house and area *
If your area is more likely to experience tropical storms and hurricanes, your
homeowners insurance costs will be higher. High damage possibility from such
weather, as well as a house in a flood prone area, will always increase an
insurance company's risks and they must pass on the cost to the home owner.

* Amounts of deductible and coverage limits and benefits chosen *
You know the drill: accept a higher deductible and reduce your premium.
Always be sufficiently insured though to cover the cost to rebuild.
Reduce Problems Encountered Insuring Your Home

Removing some easy insurance risks will make your home more readily
insurable and could also reduce your premium. Take a step back and study
your homes exterior for cracks in the sidewalks or driveway, loose porch or
patio railings, and any heavy looking tree limbs hanging over your roof. Simple
and inexpensive safety precautions such as these should be a first thought for
any homeowner.

Other Exterior Home Improvements Include:
•Fix other small problems such as sagging window screens, uneven closing
doors, and rotting boards
•Have a clean looking property void of objects that could cause an accident
•Replace a damaged or badly worn roof. Water stains on a ceiling tell an agent
inspecting the inside of your home that you might have a future significant claim
•A well kept yard shows care for your property to an insurance company
•Peeling or faded paint should be repainted
Theft Precautions To Help Insure Your New Jersey Home

A vulnerable home might be an insurable one. Theft is a common insurance
claim and some steps you take can reduce your risk of being insured to the
insurance company.

• Eliminate or at least reduce places around the exterior of your home where
thieves can hide without being seen, such as by keeping bushes trimmed
near windows and doors
• Install dead bolts or other security devices on doors and windows
• Install a burglar alarm that alerts the police or a security company
• Your local police department have crime prevention officers that can review
your home and make security suggestions. Local police also have
information about starting a neighborhood watch program
• Don't park your cars on the street. They are the most tempting target for
thieves and the easiest to break into
• Have some outside flood lights that automatically turn on and off based on
the amount of light outside
Home Fire Prevention - Safety Tips

Some far too common causes of fires include inadequately discarded
cigarettes and cigars, space heaters placed too close to furniture, fireplace
sparks not sufficently blocked from exiting the fireplace area by doors or
screens. Fires of these types are more dangerous because they can
smolder for extended periods of time before being noticed by a sleeping
New Jersey homeowner.

Some safety steps to prevent a fire in your home.

Make certain cigarette's, cigars, and their ashes are completely out. Don't
put still hot butts or ashes into a trash can. Soak butts and ashes in water
before throwing them away.

Put your cigareet or cigar out first before going to bed and don't smoke in
bed. Also, don't smoke if you've been drinking, overly sleepy, or drowsy
from medicines.

A home where a resident needs oxygen for medical reasons should not
include a smoker. Oxygen can be explosive and makes fire burn hotter and
faster.

Avoid placing an ashtray on a sofa or chair. Furniture can catch on fire
easily and burns fast.
The leading cause of injury from fire occur from cooking in the kitchen.
Some cooking safety steps to prevent a fire in your home include the
following.

Position barbecue grills at least 10 feet away from siding and deck railings,
and out from under eaves and overhanging branches. Also, if it's raining,
no matter how tempted, don't grill under a covered patio area.

Stay in the kitchen when you are frying, grilling, or broiling food. If you leave
the kitchen for even a short period of time, turn off the stove.

Create and enforce a safe "kid-free zone" of 3 feet around the stove to best
protect your children.

Wear short, close-fitting or tightly rolled sleeves when cooking.

Do not cook if have been or currently are drinking alcohol, feel overly
sleepy, or have taken medicine that can make you drowsy.
Common Sense New Jersey Homeowner Flood Preparedness

In addition to having the correct amount of flood insurance to protect your
property and home, there are some common sense building and planning
steps that could save you money.

If building in a floodplain always elevate and reinforce your home. Consult
your areas flood maps and local authorities for suggestions for how high to
build up.

High flood risk homes should have electrical panels, water heaters, and
furnaces elevated for maximum protection. You don't want to be without
these crucial comfort features after a flood or rising waters strike your home.

If you have floor drains in your home, check valves should be installed to
prevent rising water from entering them.

Even though flood insurance is relatively inexpensive, most New Jersey
homeowners do not choose to purchase the insurance protection available.
According to the Federal Insurance Administration, less than 25% of the
homes in areas most vulnerable are insured against flood loss. In those
areas, flooding is 24 times more likely to occur than a fire during the course
of a 30-year mortgage.
Safety Tips for Home Fire Prevention

Many of us utilize portable heaters for the coldest nights and days of winters,
even in New Jersey. You can make your home safer by following these safety tips
for all electrical products, appliances, and portable space heaters.

Purchase portable space heaters and other electrical products evaluated by
a nationally recognized laboratory, such as Underwriters Laboratories (UL).

Only purchase a portable space heater with a thermostat control
mechanism that turns off automatically if the heater falls over.

Maintain a minimum 3 foot distance between combustible objects and
portable space heaters.

Check with your local fire department on the legality of kerosene heater use
in your community.

Only use crystal clear K-1 kerosene in kerosene heaters and only Use the
heater in a well-ventilated room.


Appliance & Electrical Safety

Light switches that are hot to the touch and lights that flicker should be
turned off and evaluated by a professional electrician as soon as possible.

Three into three. If an appliance has a 3-prong plug, use it only in a 3-slot
outlet. Never force a 3-prong plug into a 2-slot outlet or extension cord.

Use electrical extension cords wisely. Don't overload extension cords or wall
sockets. There are far too many fires in the month of December every year
because of improper extension cord use for Christmas tree lights.

Frayed wires can cause fires. Replace all worn, old or damaged appliance
cords and don't run cords under rugs or furniture.
Insurance Claim Suggestions

After your home is damaged don't make any permanent repairs until your
insurance company has inspected the damage. You can make temporary
repairs to protect the home and property inside of it, but ask your insurance
agent to be certain what is considered temporary and what is considered
permanent. Your homeowners insurance policy should cover necessary
temporary repairs and any storage costs incurred if you must rent storage space
to protect belongings.

Make a list of your damages and photograph or videotape the damage before
making any temporary repairs to your home.

Keep all receipts from purchases needed for temporary repairs.

If you have to move because of a larger disaster, make sure your home address
is easily visible, and leave a note at your home with your name, cellphone
number, and insurance company name.

Make every attempt to be at your home when the insurance company's adjuster
inspects it. Also, if possible, if you've made plans already, have your contractor
with you so estimates or technical specifications can be discussed with the
adjuster of your insurance company.