Most homeowners understand the significance of having a homeowners insurance policy, but surprisingly, many of them aren’t exactly sure what is covered under it. A home is likely to be the largest purchase you’ll ever make, and it’s imperative to properly insure it in the event of damages, stolen belongings, or a lawsuit involving liability.

Siemers Insurance Agency has been the leading insurance provider for residents of the greater Cincinnati, OH, northern Kentucky, and southeast Indiana areas for more than 60 years. The company is a trusted source for homeowners who are not only shopping around for homeowners insurance, but also looking to have their coverage explained by a professional.

You will find that most standard policies include the following aspects:

• Structural Damage: Depending on how much coverage you have, your homeowners insurance will pay to either repair or rebuild your home should it suffer damages due to fire, theft or vandalism, or inclement weather. Floods and earthquakes are generally excluded from basic coverage.
• Personal Possessions: Since it would be difficult to replace your personal possessions if they were damaged, stolen, or lost, homeowners insurance will also cover a percentage of their replacement costs. It’s vital to take an accurate inventory of your valuable belongings to determine how much coverage is needed.
• Liability: If someone were to get injured on your property and decide to sue for compensation, your homeowners insurance policy will take over the financial responsibility should you be found at fault. This is a big relief, as it will keep you from losing assets if you weren’t able to pay the award amount on your own.

When it comes to homeowners insurance, it’s essential to have peace of mind knowing you are adequately protected. Contact Siemers Insurance Agency at (513) 469-8877, or visit them online to learn more about obtaining your insurance quotes.