What is Home Insurance?
A standard home insurance policy insures your home’s structure and your belongings in the event of a catastrophe, such as a fire.
In addition, home insurance policies are generally “package policies.” This means that the coverage includes not only damage to your property, but also your liability—that is, legal responsibility—for any injuries and property damage to others caused by you or members of your family (including your household pets).
What are the different types of Home Insurance coverage?
A home insurance policy usually covers four kinds of incidents on the insured property: interior damage, exterior damage, loss or damage of personal assets/belongings, and injury that occurs while on the property.
Home insurance does not cover everything, no matter what your policy limits are. For this reason, it’s a good idea to customize your policy by having additional coverages to suit your specific situation.
Some of the optional add-on coverage is Earthquake insurance, Flood Insurance, Replacement cost plus, Other structures insurance, Personal umbrella liability insurance and many more.
Get in touch with us and we can guide you in choosing the right combination of coverages that suits your needs