When it comes to protecting your home, a solid homeowners insurance policy will help keep the things that matter most safe. However, if you’ve never filed a claim or only purchased a policy because your mortgage lender required it, you may not understand what the coverage provides. Though no two policies will be the same, they all offer the same general types of coverage. Here’s what you can expect from most home insurance policies.

Coverage for the Structure

Every homeowners insurance policy protects the physical structure of the home and any outlying buildings on the property. If the building suffers structural damage from a fire, storm, or other qualifying event specified by your policy, the insurance will help cover the cost of repairs or replacement. The policy also protects belongings inside the structure, including your electronics, clothing, food, and furnishings. It’s important to purchase a policy that has a high enough coverage limit to fully pay for the cost to rebuild the house and replace everything inside.

Liability Protection

Most homeowners insurance coverage also protects your family from liability if a guest or repair technician is injured on the property. Should someone fall down the stairs or slip on a wet tile floor, they may decide to file a lawsuit against you to cover the cost of their medical treatments and other damages. With liability coverage, the insurance policy will cover the costs of any related lawsuits and associated settlements.

Additional Coverage Options

Homeowners insurance is not all-inclusive. In fact, some events like earthquakes and floods may not be covered by the standard policy. If your area is prone to certain natural disasters, you’ll want to invest in supplemental coverage. If you’re worried about coverage gaps, speak with an insurance agent and let them find you the right policy for you. 

Have questions about your current homeowners insurance policy or need a quote on coverage for a new home? Contact Brent Layton – Farmers Insurance Group in Tremonton, UT. As an experienced insurance agent, he’ll work to find the right coverage for your needs so you’ll always be completely protected. For more than 25 years, he’s helped residents protect the things they love most. Like his Facebook page to stay up to date on the latest news and call (435) 257-3829 for a free insurance quote.