New Mexico Logo


Types of NM Homeowner's Insurance: An interview with a top Insurance Consultant, Carol Pinnell, CIC with First Santa Fe Insurance Services, Inc.

By Carol Pinnell

Since there are many different types of Homeowner's Insurance available today, I was chosen to explain the various types of insurance for homeowners, because that is my specialty. I hope the following information will prove helpful to all home owners.

The following is a list of various types of homeowner's insurance available and a little explanation with each type:

  • Basic Homeowners, can cover most residences *
  • Luxury (High Value) Homes, homes over $1,000,000 in value *
  • Landlord policies - for investment homes, apartments, duplexes and four-plexes investment properties
  • Renters **
  • Hard to place vacant, foreclosed or for sale properties
  • Homes in high fire risk areas, classes 9 or 10 *
  • Vacation rental homes including vacation rental condos
  • Condo's including coverage for contents and appurtenant structures *
  • Seasonal occupancy homes *

*25 or 50 percent additional dwelling replacement cost included

** Guaranteed contents replacement cost

Liability protection is covered in all policies in the event someone is injured or their property is damaged.

Deductible options are available.

Discounts are available for:

  • Home Security Systems
  • High Deductibles
  • Packaging when home and auto are written together

First Santa Fe Insurance Services meets with clients, allowing the client to make an informed decision, while we develop an insurance plan that fits the clients' needs and budget.

This process takes only about 15 minutes. First Santa Fe understands that each client is an individual, so we offer a customized, personal approach, while working with a number of major insurance companies to find the coverage that fits the unique needs of each person, family or business. Unlike companies not local to the state, First Santa Fe understands the needs of New Mexicans, allowing us to pass along the best rates and coverage available.

First Santa Fe Insurance Services specializes in both Personal Lines and Commercial Lines, and a team to serve your needs. Most of our agents are also licensed to market Life and Health products, as well.

Personal Lines includes: Home, Condos, Renters, Dwelling Fire, Builders Risk, Umbrellas, Inland Marine, Personal Property, Automobiles, Motorcycles, Boats, Recreational Vehicles, Wedding and Pet insurance; just to name a few.

Commercial Lines includes: Business, Property, General Liability, Crime, Business Auto, Professional Liability, Workers Compensation, Bonds, and Commercial Umbrellas; for starters.

Life and Health can be group or personal coverage for your business and/or family members. Mortgage insurance is also available as a life insurance product. A little history about First Santa Fe Insurance Services, Inc.

First Santa Fe Insurance has served the insurance needs of New Mexicans for over 85 years.

Our agency was founded through a combination of Kelly Insurance in Santa Fe and Gerding, McMahon, Padon and Koller in Albuquerque. Today, First Santa Fe Insurance is still a community based insurance agency focused on assisting the needs of both residents and businesses throughout New Mexico and the Southwest. Our company mission is to embrace the needs of our existing customers and new clients with outstanding service, integrity, product knowledge and superior coverage.

First Santa Fe Insurance has two locations and you can contact us as follows:

Main office is located on the ground floor at One Park Square in Albuquerque, at:

6501 Americas Parkway NE, Ste 101

Albuquerque, NM 87110

Main number: 505-798-5850, or from Santa Fe call: 505-983-7326

Santa Fe location:

1672 Hospital Drive, inside the First National Bank of Santa Fe,

across from the Christus Saint Vincent Hospital.

Toll Free number statewide: 877-801-5135


Share this:


Leave a comment:

* Login in order to leave a comment. Don't have an account? Join for Free

Hard Work

After a long hunt I have found out one the foremost platform which will help you to

... More

About The Author

As an insurance professional with over 20 year's experience, Carol Pinnell is a Personal...

Phone: 505-798-5850

View Profile

Become an Expert Contributor

Have some knowledge to share, and want easy and effective exposure to our audience? Get your articles or guides featured on New Mexico Homes today! Learn more about being an expert contributor.

Learn More