New Jersey Homeowners Insurance

Whether you own a house, condominium or
townhouse, for most people their home is their most
important investment. The TE Freuler Agency 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 homeowners insurance.

New Jersey Homeowners Insurance FAQ

Click on the link below to fill out a quote request form for a New Jersey
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 toll free at (800) FON-4-INS to
discuss the features.

Click here to fill out a

New Jersey Homeowners Insurance

policy quote request form

Replacement Cost or Actual Cash Value Option
in New Jersey Homeowners Insurance Policy

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.

New Jersey Homeowners Insurance Policy FAQ

Click here to fill out a

New Jersey Homeowners Insurance

policy quote request form

The T.E. Freuler Agency operates two insurance agency locations offering affordable New
Jersey auto insurance policy premiums to residents of the following cities and counties:
Newark, Somerset, Clark, Jersey City, Elizabeth, Rahway, Colonia, Iselin, Avenel,
Woodbridge, Port Reading, Carteret, Perth Amboy, Fords, South Amboy, Metuchen,
Plainfield, Dunellen, South Plainfield, Green Brook, Fanwood, North Plainfield, Cranford,
Scotch Plains, Westfield, Union, Millburn, Springfield, Mountainside, Gillette, Warren,
Watchung, Stirling, Millington, Middlesex, Martinsville, Piscataway, Edison, New Brunswick,
Highland Park, North Brunswick, Sayreville, East Brunswick, Milltown, South River, Bound
Brook, Somerville, Bridgewater, Flagtown, Kendall Park, Franklin Park, Dayton, Harlingen,
Rocky Hill, Spotswood, Jamesburg, Old Bridge, North Branch, South Branch, Neshanic
Station, South Brunswick, Bayonne, Linden, Roselle, Hoboken, Union City, Weehawken,
West New York, Guttenberg, Cliffside Park, Edgewater, North Bergen, Secaucus, Fairview,
Ridgefield, Fort Lee, Leonia, Palisades Park, Englewood Cliffs, Englewood, Bergenfield,
Teaneck, Paramus, Bogota, Ridgefield Park, Little Ferry, Hackensack, Maywood, Teterboro,
South Hackensack, Rochelle Park, Moonache, Lodi, Hasbrouck Heights, Saddle Brook,
Garfield, Elmwood Park, Woodridge, Carlstadt, East Rutherford, Lyndhurst, Rutherford,
Wallington, Passaic, Clifton, Paterson, Totowa, West Paterson, Little Falls, Great Notch,
North Caldwell, Cedar Grove, Verona, Montclair, Bloomfield, West Orange, Glen Ridge,
Belleville, Nutley, Kingsland, North Arlington, Kearney, Harrison, East Orange, East Newark,
Orange, Irvington, South Orange, Hillside, Townley, Livingston, Wayne, Trenton, Camden,
Atlantic City, Princeton, Vineland, Willingboro, Toms River, Essex County, Hudson County,
Union County, Passaic County, Morris County, Middlesex County, Hunterdon County,
Bergen County, Mercer County, Middlesex County, and Somerset County, NJ. We can also
offer our homeowners insurance coverage's throughout New Jersey.

All Risks or Named Perils in New Jersey Homeowners Insurance Policy

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

Click here to fill out a

New Jersey Homeowners Insurance

policy quote request form

Coinsurance Penalty in New Jersey Homeowners Insurance Policy

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 policy
would only pay $4,500.

New Jersey Homeowners Insurance Policy FAQ

Personal Liability in a New Jersey Homeowners Insurance Policy

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 New Jersey
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 toll free at (800) FON-4-INS to discuss the
features.

Click here to fill out a

New Jersey Homeowners Insurance

policy quote request form

**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.

Personal Liability

All Risks or Named Perils

Coinsurance Penalty

Replacement Cost or Actual Cash Value