Homeowners insurance provides coverage for any loss or damage that is done to your home. This could include damage to the exterior of the home or structure, stolen personal items inside the home, and complete loss of the home. A homeowners insurance policy also gives you coverage for any claims of liability against the you for accidents.
Homeowners insurance gives you financial protection against natural disasters and theft. It is important to take the time to assess the value of what you own and to learn how your home insurance coverage will cover your home and possessions.
Typical coverage packages:
- The physical structure of your home
- Personal possessions
- Additional living expense (in the event of covered loss or a natural disaster)