Homeowner’s insurance is formulated to cover damages to home from events such as windstorms, fire, vandalism, lightning, and hail. Damage from earthquakes and floods is typically not included in a basic homeowner insurance policy. The types of damages not covered under a basic policy may require the purchase of additional home insurance. Decatur GA residents can access affordable homeowner’s insurance coverage through the services of an independent insurance agent.
Types of Home Insurance Coverage
A homeowner’s policy can ensure the protection of your home and assets in a number of categories, including:
Dwelling
If your home is damaged by a cause that is covered under the insurance policy, dwelling coverage can further repairs or rebuilding of your home. It is important to purchase enough of this coverage to cover the estimated costs of such a repair or rebuild.
Personal Property
Personal items in your home may be protected personal property coverage in the event there damaged or destroyed by a covered cause. These items can include electronics, furniture, sporting goods, and clothes. Certain items may carry specific liability limits.
Personal Liability
If you or a member of your household is subject to a claim or lawsuit concerning alleged bodily injury or property damage to others, personal liability coverage can help provide a defense and cover you financially concerning the damage for which you may be held responsible.
Other Structures
Detached structures on your property such as sheds, garages, and fences which are not covered under your basic home insurance policy, can be covered through other structures coverage.
Loss of Use
If you need to move out of your home on a temporary basis due repairs and restoration work that must be done, your additional living expenses can be covered through loss of use coverage.
Deductibles and Limits
Your deductible represents the portion you must pay with a covered claim. Carefully select your deductible based on how much you are willing to pay if you sustain a covered loss
If you are moving into a new home soon, you are going to need homeowner’s insurance. An independent insurance agent serving the Decatur GA area can help you find the right policy at a rate that matches your budget.
