At its most basic, homeowners insurance can help cover the costs of repairing or replacing any damaged property, as well as cover the cost of replacing items that are stolen or destroyed.
A homeowners insurance policy can provide coverage for any medical expenses incurred by a person injured on your property, as well as any legal costs associated with defending yourself against a liability lawsuit.
Homeowners insurance policies generally include coverage for:
- The structure of your home
- Personal property and additional living expenses
Additional coverage may be offered for items such as
- Jewelry
- Musical instruments
- High-value items
Homeowners insurance can help give you peace of mind that your home and possessions are protected in the event of an unexpected disaster.