Home Insurance

Lofton Wells Insurance has Your Home Insurance Covered

Lofton Wells Insurance began as a small family insurance company in Memphis over 38 years ago. We built lasting relationships by treating clients as part of our family and investing ourselves into their lives as we have been entrusted to protect their businesses, homes, and automobiles. Now that we cover thirteen states throughout the country, we are determined to bring the same passion and commitment that has helped us forge so many great relationships through the years. As our insurance family continues to grow, we can’t help but notice how much things have changed since 1982. We have changed too, in some ways, but our goals have not. We remain dedicated to going above and beyond to provide excellent customer service and policies so that you can have the peace of mind to focus on what is important to you.

Do I Need Home Insurance?

For most folks, owning a home is the biggest financial commitment they will ever make. The best way to protect your most valuable asset is to have a well thought out plan that is tailored to your specific needs. Insurance is necessary if you’re financing your home with a lender, and a smart decision even if you own your home outright. Our independent agents will take the time needed to answer any questions you may have and provide the information you need to feel comfortably informed. Here are some of the standard coverage options you should know about:

  • Dwelling coverage - covers the costs to repair damage to your home from hazards such as fire, storm damage, falling objects, theft and vandalism, among others defined in your policy. This coverage may include an Other Structures clause to cover free standing structures such as fencing, a garage, or shed. We recommend carrying enough dwelling coverage to fully cover the costs of replacing your home in the event of a disaster.

Dwelling coverage is estimated by the agent using a tool to determine replacement cost. SOMETHING LIKE THIS

  • Personal Property coverage - covers the cost to repair or replace stolen or damaged personal items such as furniture, appliances, electronics, and clothing. If you have expensive possessions such as art, collectibles, jewelry or musical instruments, talk with your agent to discuss coverage options.
  • Liability coverage - covers potential costs a homeowner may face if a guest is hurt REMOVE THIS PART or their belongings damaged while on your property. This would ideally cover the cost of repairs for property, medical fees, and legal fees.
  • Loss of Use coverage - covers additional living expenses that occur as a result of being forced out of your home due to a covered loss. This could include hotel, rental of home or apartment , and much more.

No Surprises

When it comes to home insurance, we don’t like nasty surprises. The professionals at Lofton Wells Insurance have your back. We offer flood insurance that is not included in a standard policy. Your trampolines and swimming pools will have adequate liability coverage and you will know the difference between Replacement Cost policies and Actual Cash Value policies. In short-we’ll look after you like family. Reword- Personal Umbrella that provides additional liability which is suggested if you have a pool or trampoline.

Call Lofton Wells Insurance

Our insurance family tree is rooted in some of the most respected agencies around the country and rounded out with good, family oriented regional businesses that share our values. The expert agents at Lofton Wells will work with you to understand how to best cover your home, then compare quotes from our network of top agencies to find you a policy that fits your needs and budget. Call the trusted agents at Lofton Wells Insurance today and see for yourself the difference that a team of dedicated professionals who put their clients first can make. Come be part of our family!