Homeowners Insurance FAQs
Your home is more than just a building. We’ll make sure it’s covered from top to bottom, so you can focus on making memories. For the place that matters most, you can depend on Della.

Do I need to have homeowners insurance?
If you have a mortgage, your lender will require it. Even if you don’t, it’s a smart way to protect your biggest investment.
How much does homeowners insurance cost?
It depends on your home, location, and coverage needs. We’ll help you find a policy that fits your budget without cutting corners.
What is a deductible?
It’s the amount you pay out of pocket before your insurance kicks in. Higher deductibles usually mean lower premiums.
What does homeowners insurance NOT cover?
Things like floods, earthquakes, and routine wear-and-tear usually aren’t covered. We’ll help you spot the gaps so there are no surprises.
Does homeowners insurance cover mold?
Sometimes. It depends on what caused the mold. If mold comes from a sudden problem (like a burst pipe), it might be covered, but if the mold is a result of long-term neglect, then no.
Does homeowners insurance cover termite damage?
No. Termites and other pests are considered preventable maintenance. Regular inspections are your best defense.
Does homeowners insurance cover flood damage?
No, floods aren’t covered by standard homeowners insurance. You’ll need a separate flood policy for that protection.
Is homeowners insurance tax deductible?
For most homeowners, no, but if you use part of your home for business, some costs may qualify. It is best to ask your tax advisor.
What is actual cash value?
It’s the value of your belongings, after factoring in depreciation. Basically, what your stuff is worth today, not what you paid for it new.
