Coverage Built For Your Home
Your home may be your fortress, but it’s also vulnerable. From fires and tornadoes to theft and crazy accidents, you’ll want to be protected from anything that can happen. With the right homeowners insurance policy, you’ll have a safety net for those unexpected events.
Here’s what standard policies typically cover:
- Dwelling coverage: Protects the house structure itself from things like fire, wind, hail, and vandalism
- Personal property coverage: Covers the items in your home, such as furniture, electronics, and clothing, in case of theft or damage
- Liability protection: Protects you from lawsuits for any injuries or property damage that you or family members cause to others
- Living expenses: Covers costs if you’re temporarily unable to stay in your home due to a covered loss
You can expect to pay about 10% of whatever your homeowners insurance coverage is on other property structures. So, if you’ve got $300,000 in coverage for your home, you might need $30,000 worth of coverage for your storage shed, patio, and fence. There are cases where you might need more coverage – say you have a freestanding garage on your property, for instance. Of course, if you have no separate structures, you won’t need this coverage at all.
The amount of coverage you need for your home will depend on factors like how much your home and belongings are worth, how close you live to emergency services, and your financial situation. Insurance Doctor will help you evaluate these factors to customize your policy to fit your specific needs.
