What Does Homeowners Insurance Cover?

When it comes to insurance policies, once of the most common questions is what does homeowners insurance cover?  It’s important to know, especially when it comes to the most valued possession, the home. In the case of damage, theft, or a lawsuit, it’s best to know exactly what your home insurance policy will pay for and the things it doesn’t.

Homeowner’s policies vary but important options include:

  • Dwelling Coverage – protection in the event of damage caused by peril that is covered
  • Other Structure Coverage – protection for structures such as detached garages damage by peril that is covered
  • Contents Coverage – coverage for personal possessions that are damaged or lot due to covered peril (appliances often included)
  • Loss of Use Coverage – covers cost of living if your home is uninhabitable because of covered peril.
  • Personal Liability Coverage- protection in the event of a lawsuit by someone visiting your  in your home and was injured.
  • Medical Payment Coverage- protection in case someone injured on your property needs medical attention

Covered perils may include:

  • Wind
  • Hail
  • Fire
  • Theft

Property owners and home owners in the Low Country of South Carolina  should discuss the need for flood insurance with their insurance agent. Earthquakes and flood damage most likely will need their own policy.

At Bridge Insurance Agency, our agents are experienced and knowledgeable with Homeowners Insurance. We know you have a choice and we want you to trust us with your questions and uncertainties. You won’t walk away without an answer.