Homeowners insurance includes coverage that protects policyholders against various perils. However, you can customize your policy to meet your individual needs. Although the amounts vary by policy and insurer, most standard homeowners policies include the following types of coverage.

What Does Standard Homeowners Insurance Include?

Liability Coverage

Liability coverage pays for repairs and medical treatments if you or a member of your household accidentally injures someone or damages their property. It also pays the legal fees and judgment amounts—up to your coverage limit—if you should end up in court over the incident.

Dwelling Coverage

Dwelling coverage protects against damage to your home. It covers fires, storms, falling objects, vandalism, and some other dangers. However, most insurers exclude coverage for damage due to floods, earthquakes, and regular wear and tear.

Personal Property Coverage

In addition to the structure of your dwelling, homeowners insurance covers the contents, including furniture, electronics, appliances, clothing, and other personal property. Most policies cover your belongings even while you're away from home—say a laptop or camera is stolen from your hotel room.

Additional Living Expenses

The final type of coverage afforded by standard homeowners insurance pays for additional living expenses if your home is rendered uninhabitable for some reason. It pays for hotel fees, dining out, personal care like laundry, and any other expenses above the cost of what you'd normally pay to live.

To discuss the purchase of a standard or customized homeowners insurance policy, contact us at Steven Hall - Farmers Insurance® in Mountain Grove, MO. Farmers has been one of the most trusted names in the industry since 1928, and we offer Wright County exceptional service and affordable coverage. We specialize in home, life, auto, and health insurance, and we'll walk you through your options and help you design a policy that meets your needs and budget. Visit our website to request a quote or call (417) 926-7900 to speak with a friendly, experienced agent.