Albuquerque Insurance World, Inc.

Let us do the shopping for you. We have many auto, home and commercial vehicle insurance companies to get rates lower. Save time and money in shopping for insurance. You don't have to give your personal information out to as many people as before. We do accept cash payments as many agencies are becoming cashless.

Call us at 505-265-6000 for a friendly quote. We are able to start most all policies over the phone if need be.

Quality Home Insurance for Albuquerque Homeowners


Home Insurance, House With Porch And Red Shutters Photo - Albuquerque Insurance World

Albuquerque Insurance World helps Albuquerque-area homeowners find the best home insurance rates and policy terms from most major carriers.

What Is Home Insurance?

Home insurance, or homeowners insurance, is a policy that provides financial protection in the event of a disaster. Most home insurance policies cover damage to the structure of the home as well as the things inside it. It also protects the homeowner against liability claims and legal responsibility for injuries or property damage sustained onto visitors by the people or pets who live there.

What Is Home Insurance?

Home insurance, or homeowners insurance, is a policy that provides financial protection in the event of a disaster. Most home insurance policies cover damage to the structure of the home as well as the things inside it. It also protects the homeowner against liability claims and legal responsibility for injuries or property damage sustained onto visitors by the people or pets who live there.

Most policies cover damage from natural and other disasters, but there are limits to the coverage. For example, most policies don’t cover damage caused by poor maintenance or natural disasters like floods or earthquakes. Flood and earthquake coverage is typically available as a separate policy. Injury or damage caused by negligence relating to maintenance issues is the responsibility of the homeowner and is not covered by insurance.

Coverage of Structures

If your home is damaged by almost any disaster excluding a flood or earthquake, such as a fire, lightning, or hurricane, your insurance carrier will pay to repair or rebuild your home and other detached structures on the property, like garages or sheds. See your policy details to determine which disasters are covered and which aren’t, as this may vary from one policy to another. Coverage amounts will vary by policy, but your insurance agent can help you find the policy that fits your needs.

Coverage of Belongings

Your personal belongings are also covered in the event of an insured disaster or theft. Most policies also cover your belongings even if you’re not at home with them. For example, if your suitcases are stolen on a trip, most companies would compensate you for the loss unless you’ve elected to forgo off-premises coverage. Unauthorized use of credit cards, up to a certain amount, is also covered by these policies. The amount covered varies by insurer, but the best way to determine how much coverage you’ll need is by conducting an inventory of the value of items in your home and keeping records and photographs of those items. Certain expensive items like jewelry are covered under the policy, but there are often dollar limits to the coverage if these items are stolen or disappear. Additional policies can be purchased to cover the full amount of the items if desired.

Home Insurance, Photo Of Two Story House - Albuquerque Insurance World

Liability Coverage

Liability coverage protects the homeowner against lawsuits in the event that a member of the household, including a pet, causes injury or property damage to someone else. This part of the policy only applies to damages caused to other people and their property, not to other household members or their property. It covers the homeowner and household members anywhere in the world and pays for any court costs and damages as a result of the injury or property damage. If someone is injured in the home, their medical costs will be covered by the homeowner’s insurance company, and no liability claims will be filed against the homeowner. Liability coverage amounts vary by company, and homeowners may want to consider purchasing more than their insurance company recommends to reduce further liability for potential damages or injuries. Talk to your insurance agency to determine the appropriate amount for your family.

Living Expenses

This part of the policy pays for your family to live away from home if the home is unlivable due to damage from an insured disaster. Living expenses typically covered include hotel bills, meals, and any other expenses incurred above normal living expenses while the home is being repaired or rebuilt. Most policies do, however, include limits on time and money when it comes to additional living expenses. Reimbursement for living expenses is separate from reimbursement for damage to the structure of belongings. Coverage varies from one company to the next, but additional coverage is usually available for purchase.

Home Insurance from Albuquerque Insurance World

All lenders require homeowners to purchase home insurance. Even if you have paid off your mortgage, it’s a good idea to protect your home and its contents with insurance. Our agents help you save time and money when shopping for home insurance by doing all the shopping for you. We’ll gather quotes from up to 15 major insurance companies, including Nationwide, ACCC, and Progressive, without giving out your personal information to every company. We provide personalized, face-to-face service to help you find the best rates and policies for your needs. We offer a variety of payment options, including cash, to make paying for your policy as convenient as possible.

Whether you’re in need of auto, boat, motorcycle, or home insurance, contact the experts at Albuquerque Insurance World today for a free quote. Let us do the shopping for you!