What does home insurance cover

Your homeowners insurance policy is in place to provide financial protection for your home and your personal belongings within the home. In this article we will learn some of the basics in terms of what is covered by your homeowners insurance policy.

Homeowners insurance policies usually cover;

Dwelling protection; 

One of the more common basic home insurance coverages is, dwelling protection. Which is designed to cover the structure of the home. For example the home’s foundation, roof and walls would fit into this category. Often times dwelling protection can extend out to outside structures attached to the home, a garage is a good example of this. 

Personal property protection;

The next most common coverages within most home insurance policies is, personal property protection. Commonly when you think of homeowners in surname you think of the home itself, but this can also extend to your belongings within the home. Say for example your TV is stolen, personal property protection may cover you. If a fire breaks out in the home and burns a couch there’s a good chance it’s covered in your homeowners insurance policy, if that’s what you agreed to when negotiating the contract. 

Personal property protection can help you to pay to replace or repair your personal belongings that may have been destroyed. The cause of the loss would have to be specifically written into the policy and more than likely be considered a covered peril to be valid. For specifics on your individual policy you will want to consult with the agent that wrote the policy or the insurance company the policy is though. If you’re interested in a new policy and are in California, please reach out to one of the wonderful agents at Eugene C Yates INsurance Agency. They are experts when it comes to home insurance and are always able to help! Call today 916 313 6100

Liability protection;

Liability protection is another coverage within homeowners insurance and is designed to protect you if someone were to injure themself on your property. It can also cover legal fees if you were to be sued from something that may have happened on your property. This form of protection is especially useful if you live in a neighborhood where your property is common place for parties or you have a pool everyone loves to use. Medical bills and legal fees can be costly and liability protection can help ease that burden. 

If you want to increase your liability protection limits you can look into adding a personal umbrella policy as well. If you have questions regarding this, please reach out to one of professional home insurance agents.

They can be reached at 916 313 6100

Coverage limits and deductibles

Please keep in mind that coverage for a homeowners insurance policy is typically subject to a limit. There is a maximum amount your home insurance policy would pay, for a covered loss. There’s always the chance you can make adjustments to the limits to match the coverage you need. This can take into account the value of your house, your belongings within the home, and how mush it might be to repair or rebuild the home. 

These are the three basic coverages for homeowners insurance. If you have questions beyond this, it’s always best to reach out to an agent and ask them the specific question you need an answer for. I just so know an agency with multiple local branches that has tons of super friendly agents that know everything there is to know about home insurance! Give us a call today! We’d love to get you better home insurance! 916 313 6100