Homeowners Insurance

STANDARD COVERAGES

Dwelling

Dwelling coverage may pay to repair or rebuild your house caused by fire, severe weather, falling trees, ice dams, and other covered perils.

Example: You may be protected if your roof caves in from the weight of ice, snow, or sleet, damaging interior components such as walls, kitchen cabinets, and countertops.

Loss of use

If you're unable to stay in your home during repairs due to a covered loss, additional living expenses (part of your loss of use coverage) may pay for additional living expenses above what you'd typically pay, up to your policy's limits.

Example: A fire damages your kitchen and you're unable to live in your home while the repairs are being made. You may be covered for the cost of a hotel stay and meals, above what you normally spend on groceries.

Liability

Personal liability coverage helps protect your assets if you or your family members are liable for someone else's damage or injuries. Additional coverages may be available to purchase for libel, slander, and other lawsuits. If you need more than a $500,000 liability limit, a separate umbrella policy may provide additional coverage.

Example: A delivery person falls on your steps and breaks their arm. If you're found to be liable, your homeowners insurance may cover their medical bills and lost wages.

Personal property

Personal property coverage helps pay to repair or replace furniture, clothes, electronics, tools, and other belongings if they're destroyed in a covered loss. For more expensive items, such as jewelry, art and collectibles, you may need to "schedule" the item, also known as adding an insurance rider to your homeowners insurance policy.

Example: Someone breaks into your car and steals your cellphone and work tools/equipment. Your home insurance policy may pay to replace the stolen items, up to the limits of your policy and minus your deductible.