Your home may be one of the most valuable assets you have and an investment in your future. Unfortunately, fires, natural disasters, and other unforeseen events can occur at any time, potentially destroying the home and a significant portion of your wealth. A comprehensive homeowners insurance policy shields you from losses, extending an umbrella of coverage that protects several aspects of your life.

A Brief Guide to Homeowners Insurance

Structural Damage

Homeowners insurance is designed to protect property owners against structural damage to their homes caused by a covered event. If a fire, severe storm, or other peril damages or destroys the house, the policy will cover the cost of repairs or rebuilding. This protection also extends to other structures on the property, such as storage sheds and detached garages.

Personal Belongings

Your life consists of your home and all the belongings inside it. Fortunately, the standard home insurance policy pays to repair or replace any personal possessions lost to theft or any other covered disaster. However, the plan limits may be too low to cover valuable items, so those with expensive jewelry or electronic equipment should purchase additional coverage.

Liability Claims

If a member of your family causes an accident in which someone is hurt, or a visitor is injured on your property, the resulting liability claim could threaten all your assets, including your savings and investments. Homeowners insurance includes generous liability coverage that pays the value of any valid claims and costs associated with your legal defense.

From their offices in Garfield, NJ, the agents at Imperial Agency specialize in providing homeowners in the area with coverage solutions tailored to their needs. These agents have access to hundreds of policies and the expertise to select the one that adequately protects what you value most. Learn more about their services online. Request a homeowners insurance quote by calling (973) 546-9567.