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One of the most important things a homeowner can do is purchase adequate insurance to protect their home and belongings. But what exactly does homeowners insurance cover? Here are some of the most common types of coverage:
-Dwelling coverage: This protects the physical structure of your home, including the roof, walls, and foundation.
-Other structures coverage: This protects detached structures on your property, like a garage or shed.
-Personal property coverage: This protects your belongings in the event of a covered loss, like theft or fire.
-Liability coverage: This protects you from being sued for bodily injury or property damage that you or a member of your household causes to someone else.
-Medical payments coverage: This pays for medical expenses if someone is injured on your property.
-Loss of use coverage: This reimburses you for additional living expenses if you have to temporarily move out of your home due to a covered loss.
Keep in mind that there are limits to each type of coverage, so it’s important to read your policy carefully and choose a limit that makes sense for your situation. You may also want to purchase additional coverage for things like jewelry, art, or other high-value items.
If you have any questions about what your homeowners insurance policy covers, be sure to contact your agent or company for more information.
-Dwelling coverage: This protects the physical structure of your home, including the roof, walls, and foundation.
-Other structures coverage: This protects detached structures on your property, like a garage or shed.
-Personal property coverage: This protects your belongings in the event of a covered loss, like theft or fire.
-Liability coverage: This protects you from being sued for bodily injury or property damage that you or a member of your household causes to someone else.
-Medical payments coverage: This pays for medical expenses if someone is injured on your property.
-Loss of use coverage: This reimburses you for additional living expenses if you have to temporarily move out of your home due to a covered loss.
Keep in mind that there are limits to each type of coverage, so it’s important to read your policy carefully and choose a limit that makes sense for your situation. You may also want to purchase additional coverage for things like jewelry, art, or other high-value items.
If you have any questions about what your homeowners insurance policy covers, be sure to contact your agent or company for more information.
