The Importance of Homeowners Insurance

While no one likes to think about natural disasters, theft or fire, these events can and do occur. Homeowners insurance may financially support you in certain situations. Without it, the cost to repair or rebuild can fall entirely on you. The same goes for liability claims. The expenses could be substantial if a guest is injured on your property. Homeowners insurance may help you handle these financial challenges.

What Does Home Insurance Cover?

Most standard homeowners insurance policies include the following coverages:

• Dwelling coverage may cover your home’s structure, including the roof, walls and built-in appliances, against perils like fire, windstorms and vandalism.

• Other structures coverage may cover detached structures such as garages and fences.

• Personal property coverage may cover your clothes, electronics, furniture and other belongings against fire, theft and other covered risks.

• Liability protection may provide coverage if someone is injured on your property or you cause damage to their property.
• Additional living expenses coverage may cover hotel bills, restaurant meals and other living costs if your home is uninhabitable while being repaired due to a covered incident.

Flood insurance is not typically included with homeowners coverage. Your agent can help assess your situation to determine whether flood insurance is appropriate.

Reliable Insurance Agents Near You

Secure personalized home insurance today from City Auto Insurance, your trusted local provider in Dallas, Texas. Contact us today to get started.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.