Why Basic Homeowners Insurance is More Comprehensive Than You Think

Here are some of the surprisingly comprehensive insurance coverages that come standard with your homeowners policy.

While you might assume that your standard homeowners insurance policy only offers minimal coverage, this assumption is far from the truth.   In actuality, even the most basic homeowners policies include coverage that extends beyond protecting your property from physical damages. Here are some of the unexpectedly comprehensive coverages included in your policy.

  • Personal Property Coverage

The coverage that addresses physical damages to your home also extends to your personal possessions. This means that the belongings that are damaged, stolen, or lost during a break-in, act of vandalism, fire, extreme weather event, or other claims event will be covered up to your policy’s coverage limits.

  • Personal Liability Coverage

Your homeowners insurance also offers personal liability coverage. This coverage offers financial protection in the event that you or another covered member of your household is legally responsible for another party’s injuries, property damage, or other losses. This coverage is useful because it travels with you and your family to ensure that they are protected, even if liability issues arise away from your home.

  • Loss of Use Coverage

Loss of use coverage helps you pay for the costs associated with living away from your home. Generally, loss of use coverage kicks in when your home sustains such serious damages that it is temporarily uninhabitable. This portion of your homeowners insurance will help you cover things like hotel stays, restaurant bills, and even gas for your car if your commute is longer than what it usually is from your home.

These are some of the coverages that are included in your standard homeowners insurance policy. Want to learn more about the wide array of coverages you can expect from your home insurance? If so, contact the experts at Stromsoe Insurance Agency in Murrieta, California. Our dedicated team is ready to assist you with all your coverage needs today.

Leave a Reply

Your email address will not be published. Required fields are marked *