There are a variety of different insurance policies you can get to cover your home. Take the time to speak with your insurance agent to discuss all of the different options available to you.

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Homeowners Insurance: What All Does It Cover?
In the event your home or the
items inside of it are damaged,
homeowners insurance will provide
you with the financial protection
you need. It can also ensure that
anyone who is held liable for
someone being injured on the
property is going to be covered.
Most of the time, the mortgage
lender is going to require you to
have this insurance in place.
There are a variety of different insurance policies you can get to cover your
home. You can choose from a basic policy to one that is going to cover a
whole bunch of different components of the home. Remember, not every
policy or level of coverage is going to be the same.
How do you know what is covered and what isn’t?
Most of the time, the insurance policy is going to cover any damage resulting
from fire, hail, theft, vandalism, windstorms and lightning. Other policies will
go beyond that and cover other perils also. Generally speaking, earthquakes
and floods aren’t going to be covered by the policy. Make sure and discuss
what is going to be covered under your policy and what isn’t. When you
have a peril that isn’t covered on your current policy, you can always see
about getting separate insurance that will cover it for you.
What does a standard policy cover?
• Coverage for the dwelling – If your home needs to be repaired or
rebuilt, it will be covered under the insurance policy, providing it is one
of the covered losses. You want to make sure you have enough
coverage to take care of the rebuild.
• Coverage for other structures – Your policy will also pay for any
damages to structures that aren’t attached to your home, such as the
shed, garage, fence and cottage on your property.
• Coverage for personal property – Any personal items that are
destroyed or damaged in your home from a covered loss are going to

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be covered under your policy. Sporting goods, clothing, furniture and
electronics all fall under this category.
• Coverage for loss of use – If you have to relocate somewhere else
while your home is being restored, this coverage will pay for your
living expenses in the meantime.
• Liability insurance – In the event of a lawsuit, your defense costs and
assets are covered when your property or family members are
responsible for the injuries in the first place.
• Additional coverage for your home – There are a variety of different
added insurance coverages you can purchase with your policy to help
ensure you are able to meet your needs.
Take the time to speak with your insurance agent to discuss all of the
different options available to you today.