Since your home is probably the largest investment you’ll ever make, you need to protect your investment. Home insurance is the best way to cover possible damages to your home such as: theft, fire and lightening, smoke, frozen pipes, and ice and snow. Homeowners insurance provides coverage for liability claims, medical payments to third parties and legal costs if a lawsuit is brought against you.

Contact Us today to find out what type of home insurance policy is right for you.

The four areas typically covered by a home insurance policy are:

It is important to remember that when you are purchasing coverage for the structure of your home, you should buy enough to rebuild your home. Structures that are detached from your home such as a garage, shed, or gazebo are generally covered to a particular amount specified in your policy.

Items such as furniture and clothing are covered if they are destroyed by fire, theft, or other insured disasters. The amount of coverage you have is usually a fixed percentage of the amount of insurance you have on the structure of your home. Average coverage is about 50% to 70%. Jewelry, silverware, and other expensive items are covered, but there is generally a dollar limit if they are stolen.

Liability protection covers you against lawsuits for property damage or bodily injury caused by your family or pets. This includes the cost of defending you in court. Most policies include no-fault medical coverage. If someone is injured in your home, they can submit their medical bills directly to your insurance company. Having the claim filed directly with your insurance company means that expenses are paid to the injured party without them filing a liability claim against you.

If you are unable to live in your home due to damage from fire, storm, or other insured disasters, your policy covers hotel bills, restaurant meals, and other living expenses while your home is being repaired. The limits of your coverage are determined by the policy you choose.