Homeowners Insurance

Home insurance offers protection and peace of mind to property owners. It’s a policy designed to shield your home and its contents from various risks and unexpected events. It’s essential to consider the coverage options and policy details carefully to protect your specific needs and assets. 

What Does Home Insurance Cover? 

The following are some common areas that homeowners insurance policies typically cover: 

• Dwelling coverage may help cover the structure of your home itself, including the walls, roof, foundation and other built-in structures, in events of damage or destruction caused by covered perils.
• Other structures coverage extends to structures on your property that are not attached to your home, such as a shed or fence.
• Personal property coverage may help cover your personal belongings, including furniture, appliances, clothing, electronics and other items, in case of damage, theft or loss.
• Liability coverage may help with costs if someone is injured on your property or if you cause damage to someone else’s property. It may cover medical expenses, legal fees and potential lawsuits up to the policy’s limit.
• Additional living expenses may help with temporary accommodation, meals and other living expenses if your home becomes uninhabitable due to covered damage. 

How Is Home Insurance Calculated? 

The following are several factors that insurance companies may consider when determining the premium for a homeowners insurance policy: 

• Property value
• Geographic location 
• The cost to rebuild or replace your home
• Deductible
• Home features and condition
• Coverage limits and options
• Your claims history
• Your credit score 

It’s best to contact insurance providers with detailed information about your home and discuss your coverage needs to get an accurate estimate for your home insurance premium.
 

Where Do You Get Home Insurance? 

Contact Five County Insurance today to discuss your home insurance needs. We can make cover recommendations based on your specific needs.