Your home is your most valuable investment so it only makes sense to protect that investment with insurance. But what does that insurance cover?
The standard homeowners policy is divided into two sections:
There are four coverages in Section I:
It's important to note that not all causes of loss are covered on the standard homeowners policy. For example, flood damage is not covered by typical homeowners policies. Homeowners policies are designed to provide coverage for exposures that most homeowners will incur. This helps keep the cost of insurance affordable.
There are two coverages in Section II:
Just as every home is different, so is every insurance policy. To ask questions and learn more about what coverages you need to protect your home, contact your local independent insurance agent today!
Watch this video for more on homeowners coverages.
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