Dwelling coverage in home insurance protects your home's structure, like walls and roof, against covered perils such as fires or storms. It ensures repair or rebuilding expenses are covered, helping you restore your residence to its original state. Review your policy to determine the appropriate coverage limits for your home's value.
Content coverage safeguards possessions like electronics, clothing, and furniture at home. It compensates repair or replacement costs for covered perils, including fires, faulty lighting, and storms. This coverage extends to theft or vandalism. However, valuable items like fine art and jewelry may need separate coverage due to their worth.
Personal liability comprises bodily injury coverage and property damage coverage. Bodily injury coverage pays for the costs of guest injuries that visitors get when visiting your home. If your guests get injured during a trip or fall accident, personal liability helps them cover their costs of medical bills and any legal fees when you are sued. This cover also extends to pet bites, ensuring your guests get appropriate care.
Loss of use coverage in home insurance pays for your living expenses if your home is damaged and you can't live in it during repairs. It covers costs like temporary housing, meals, and transportation, helping you maintain your normal life while your home is restored. Your agent can customize this coverage to suit your needs.
Other structures coverage in home insurance protects structures on your property beyond the main dwelling, such as a garage, shed, or fence. If these structures are damaged by covered perils like fires or vandalism, this coverage assists in repair or replacement costs. It's essential to assess coverage limits to ensure proper protection for your property.
Property damage coverage protects you when your guests’ property is damaged. Based on the extent of the destruction, liability coverage ensures that 3rd party repairs and replacements are taken care of, ensuring you do not incur any out-of-pocket expenses. Take note that this policy only works where injuries and damage arise from accidental events and not intentional acts of harm.