What is homeowners insurance?

Homeowners insurance is protection for your home that covers various situations that may impact your home, such as natural disasters, theft, injuries, home equity, and vandalism and even covers you if you’re liable for injury to another person or damage to their property.

  • What does homeowners insurance cover?

    A regular homeowner’s policy is meant to guard your property from unexpected events. It can help cover damage from:

    • Fires or lightning

    • Windstorm damage

    • Explosions

    • Riots or civil upheavals

    • Aircrafts

    • Vehicles

    • Theft or vandalism

    • Falling objects

    • Weight of ice, snow, or sleet

    • Freezing plumbing, HVACs, or other components.

    • How much homeowners insurance do I need?

      The amount of home insurance coverage you need depends on a number of factors. But most importantly, you should have enough protection to cover the costs of rebuilding your home and replacing all of your possessions in the event of the unexpected.

    • Continue Reading: https://kenvenick.com/2019/11/homeowners-insurance-faqs/


Article submitted by Ken Venick MSRN Member: Contact Ken:  443-471-4310 or kvenick@equitymortgagelending.com