Homeowners insurance is designed to provide protection from damage or complete loss of a home or other dwelling that is inhabited and the property within it. It is intended to protect you against unforeseen events such as a fire.
Often these policies are part of a package that not only covers damage to your property, but protection against liabilities such as injuries sustained by guests while on your property. This may even protect you if family members or pets cause the injuries.
These policies also provide additional living expenses (ALE) coverage for the extra costs of living away from home if it is uninhabitable due to damage from an insured disaster.
Homeowners policies can protect you in many ways. Most of these policies include:
- Dwelling coverage helps pay for repairs if your home is damaged by a covered event. This generally includes property damage caused by a robbery or break-in. If an intruder breaks a window or damages your door, dwelling coverage may help pay for repairs.
- Personal property coverage helps pay to replace or repair your belongings if they should become damaged or stolen by a covered loss (including theft). If an intruder steals items from your home, personal property coverage helps pay to replace them.
- Other structures coverage helps pay to repair other structures on your property if they’re damaged by a covered event. For example, If your garage or shed is damaged during a break-in, your other structures coverage helps pay for repairs.
We can never predict when a homeowner may need to make a claim. From fires to break-ins to injuries which occur on your property, you must protect yourself from expensive litigation and loss.
While homeowners insurance covers many types of disaster related damage, there are exceptions. For example, flood insurance and earthquake insurance are both separate types of policies, which may be suggested based on where you live.
We can help you determine if you are living in a flood zone and will make a recommendation based on that information.