Types of Homeowners’ Insurance

It can be very confusing when shopping around for homeowner’s insurance. You want to make sure that your home is protected, since it is the most expensive thing that you will ever own. 

So, what types of coverage is available with your homeowner’s policy. 

Coverage A covers the dwelling. This means that it will cover any damage that occurs to your home. It also covers any attached garages and fencing that is on your property. 

Coverage B is for other structures. This will pay for any damage to other structures on your property, like your garage and pool. 

Coverage C is for your personal property. This includes most things that you have in your home, such as your furniture and clothing. You will be covered if theft occurs and certain items are stolen. That being said, if you own things that are more expensive than most, you may want to look into getting some extra coverage. 

Coverage D covers loss of use. This will cover any costs for you to stay in a hotel or somewhere else if your home needs major renovations. 

Coverage E is for liability. This will protect you and your family if someone gets injured on your property. It will cover your legal expenses if you end up getting sued. 

Coverage F is for medical payments. Medical payments will cover the medical bills of anyone who is injured on your property. 

Since it can be confusing when it comes to buying homeowners insurance, you are going to want to talk to a professional about your options. You may need more insurance in some areas, depending on what you do in your home. 

To make sure that you are fully protected, contact us today at Hanneken Insurance Agency Inc. in Little Falls, MN.