Homeowners Insurance: Protecting Your Home and Belongings

 

Homeowners insurance is crucial if you own property. It helps protect your home against damages from unexpected events like fire, theft, or weather-related incidents.

Key Coverage:

• Dwelling: Covers the structure of your home in case of damage from fire, wind, hail, or vandalism.
• Personal property: Covers your belongings like furniture, electronics, and clothing.
• Liability: Covers accidents that occur on your property, such as if someone is injured while visiting your home.
• Additional living expenses: Pays for temporary housing if your home becomes uninhabitable due to damage.

Keep in mind that standard homeowners insurance typically doesn’t cover floods or earthquakes, so you may need to purchase separate policies for those risks if you live in high-risk areas.