Homeowners Insurance could be the next most valuable thing you obtain beside your home. It is a policy which has a variety of coverages, and requires careful consideration and assessment. Homeowners Insurance comes in a package policy which means coverage is provided to both damage to your property, and damage and injuries of your fault to others on your property, including injury and damage caused by household pets.
Losses to your home and personal property may occur in a number of ways including, but not limited to fire, lightening and/or thunderstorm, theft and/or burglary. Damages from disasters such as floods and earthquake, maintenance issues are also covered, however with exceptions. Keep in mind you must buy two separate policies for flood and earthquake coverage. Typically, homeowners insurance policy differs in liability limits, and offers different packages with different values. A standard policy insures your home itself and the things you keep in it. There are with discretion higher liability limits, which in return provide for added protection to your home and personal belongings such as jewelry, antiques and electronics. Calview recommends taking a look around and making a note of what you want to protect most, and mending your policy to make sure you will feel comfortable in case damage occurs.
Homeowners Insurance Covers (but not limited to):
Does NOT Cover: