Your home is your most valuable investment, so you want to make sure that your homeowners insurance policy offers comprehensive coverage. The team at Hummel & Plum Insurance Agency helps clients in Chillicothe, OH, select policies to ensure that what matters most is protected. They customize coverage to protect your unique assets, but they always begin with a basic homeowners policy. Below, their team reviews three ways basic homeowners insurance protects you.

3 Types of Coverage Homeowners Insurance Provides

1. Dwelling

When most people think of home insurance, they imagine it offering protection for the physical structure of the home itself. However, many policies also cover any other structures present on your property. This can include garages, tool sheds, guest houses, and even fences. Because policy details can differ quite a bit, be sure you’re clear on what your policy does and does not cover.

2. Personal Belongings

Along with your home, the personal belongings contained within can also be covered. Your policy should not only cover damages due to a natural disaster or unforeseen circumstances, but it should also cover the replacement of items if they are stolen. When shopping for insurance, ask about policy limits as items that exceed this value may not be included, so you may want to extend coverage.

3. Third Party Lawsuits

Liability coverage is a component of many homeowners policies. This coverage offers assistance in case a third party is injured at your home or their property is damaged during their visit. Legal costs can become extremely expensive even for minor issues, so having a good liability policy in place protects homeowners from this cost.

For over a century, Hummel & Plum Insurance Agency has helped residents of Chillicothe secure the best insurance coverage available at an affordable price. If you’d like more information on how you can implement a comprehensive homeowners insurance policy, feel free to call (740) 773-1620 today. You can also visit the website to learn more about working with an independent agency.