What Home Insurance Covers

Some homeowners believe their policy covers everything, but there are often limitations and exclusions to be aware of. Understanding what homeowners insurance may cover helps you financially prepare for unexpected events and prevents surprises during a claim.

What Does Homeowners Insurance Cover?

Homeowners insurance may provide financial assistance following perils like burglary, fire, lightning, windstorms and theft. Many policies include the following essential types of coverage:

• Dwelling coverage may cover your home’s structure, such as walls, roof and built-in appliances, after events such as fire or vandalism.

• Personal property coverage may pay for repair or replacement costs of personal items like clothes, electronics and furniture stolen or damaged due to covered events.

• Liability protection may cover expenses if someone is injured on your property or if you unintentionally cause damage to another’s property.

• Additional living expenses coverage may reimburse costs for temporary housing and meals if your home becomes uninhabitable due to a covered event.

• Other structures coverage may compensate for damage to unattached structures on your property such as fences, gazebos and sheds.

• Medical payment coverage may cover medical treatments if someone is injured on your property.

What Are Common Exclusions?

Most homeowners insurance policies do not cover losses caused by the following:

• Floods

• Earthquakes

• Wear and tear

• Pest infestations

• Mold and rot

• Intentional damage

• War or nuclear hazards

Get a Quote

For more information on homeowners insurance, reach out to Choice Insurance Agency. Our experienced agents can discuss your options and help you find ideal coverage. Contact us today for a free quote.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.