Homeowners Insurance

What Is Homeowners Insurance?

Homeowners insurance protects your house and personal belongings from damage or loss. It also provides liability coverage if someone is injured on your property or you accidentally damage someone else's property. This essential coverage protects one of your most valuable assets.

Why You Need Homeowners Insurance

• Required by mortgage lenders to protect their investment
• Covers repair or rebuilding costs after fire, wind, hail, or other covered perils
• Replaces your personal belongings if damaged or stolen
• Protects you from liability lawsuits and medical claims
• Provides temporary living expenses if your home becomes uninhabitable

Common Coverages

Dwelling coverage protects the structure of your home. Personal property coverage pays to replace your belongings like furniture, clothing, and electronics. Liability coverage handles legal claims if someone is injured on your property. Additional living expenses coverage pays for hotel and meal costs if you need to live elsewhere during repairs. Other structures coverage protects detached garages, sheds, and fences.

What Perils Are Typically Covered?

Most homeowners policies cover fire, lightning, windstorms, hail, theft, vandalism, and water damage from burst pipes. Flood and earthquake damage typically require separate policies. Review your policy to understand specific exclusions and limitations.