Homeowner's Insurance

Posted: December 20, 2017

The topic of Homeowners Insurance can be very complex. Here is a breakdown of the types of provisions that may be in your policy or provisions you may want to add.

"Homeowners insurance covers the structure of your home and your personal property, as well as your personal legal responsibility (or liability) for injuries to others or their property while they're on your property."

Homeowner's insurance policies may include provisions for:

• Dwelling (for damages to your house)
• Other structures (for damages to fences, garages, sheds, etc.)
• Personal property (for damages to possessions)
• Loss of Use or additional living expenses (for times when your home is being repaired)
• Personal Liability (coverage for injured on your property or by your pets on your property)

It is important to note that a standard homeowner's insurance policy does not typically include earthquake damage or flood insurance. If you have any questions about your policy or wonder if you need more coverage, contact a trusted insurance agent to make sure you have adequate coverage for your situation.

From www.nar.realtor