Streetsmart insurance Blog
Homeowners insurance protects property owners from a wide range of perils, but most homeowners have never taken the time to read through their entire policy so that they can understand which perils are covered. This post will cover the standard coverages that are included in every homeowners insurance policy as well as additional coverages that protect homeowners from unnecessary losses.
What Types Of Coverage Are Included In My Homeowners Insurance Policy?Your homeowners insurance policy covers the physical structure of your home, the contents inside, and the people who live and work on your property. Your policy will also cover detached structures, including garages, sheds, and other small buildings that surround your home. If your house is damaged and you are forced to move to another location, you may be compensated for the loss of your property. Your homeowners insurance policy also includes liability insurance, which will protect you and your assets if you are sued.
What Else Does Homeowners Insurance Cover?College Dorm Rooms – If your child is enrolled in college and lives in on-campus housing, your homeowners insurance policy may cover the contents of their dorm room. This coverage is extremely helpful if your child is robbed while they are in college; keep a record of every item that they store in their dorm room and talk with your insurance agent to make sure that you have adequate coverage.
Stolen Credit Cards – Your homeowners insurance policy covers the contents of your home, including your credit cards. If someone uses your credit card without your knowledge or authorization, your insurance company may cover a portion of the stolen funds.
Spoiled Food – If your refrigerator breaks down after your home is damaged by a covered peril, your homeowners insurance policy will pay for new groceries. This coverage will not apply if your refrigerator is old or in need of repair.
Street Smart Insurance is committed to providing affordable coverage. Whether you are looking for your first homeowners insurance policy or you are shopping for a better price, our agents are ready to help. Call us at 732-462-8343 for a free quote!