18 Oct 2018
What Your Standard Homeowners Insurance Really Covers

Even the most standard homeowners insurance policies offer a comprehensive array of coverages.

If you assume that a basic homeowners policy only offers minimal coverage, you are mistaken. In reality, even standard policies offer an inclusive range of coverage options. Here are some of the surprisingly comprehensive coverages included in your standard homeowners insurance.

  • Loss of Use Coverage

Loss of use coverage will help you address the costs of temporarily living away from your home. For instance, if your home sustains damage during a claims event and is unsafe to live in, your loss of use coverage will help you cover expenses such as hotel stays, restaurant bills, and the like.

  • Personal Property

Most homeowners are aware that their insurance covers physical damages to their home. However, did you know this coverage also extends to your personal possessions? If your belongings are damaged or stolen due to a claims event, you will receive compensation for these items up to your policy’s coverage limit.

  • Personal Liability

Your homeowners insurance also includes coverage for the liability issues that take place on your property. For instance, if a neighbor injured themselves in your backyard, your homeowners insurance would cover their medical expenses and, if necessary, your legal costs. Additionally, this liability coverage travels with you and the members of your household to ensure you are all covered for liability issues that arise off your property.

These are some of the coverage options included in your standard homeowners insurance policy. Curious to learn more about your home’s coverage options? Contact us at Weaver & Associates in Arcadia, California. We are ready to assist you with all your insurance needs today.