Homeowners Insurance FAQs

Homeowners policies generally cover the following:

Damage to Your Home and Other Structures

The amount of damage to other structures on the property is often expressed as a percentage of the insurance on the house. For example, if the house is insured for $250,000, the structures may be insured for up to 10%, or $25,000 each.

Loss of personal property

Your personal property is generally covered anywhere in the world - even when you're traveling.

Loss of the use of your home

Additional expenses that you have to pay because your home is temporarily unlivable because of an insured risk.

Medical Payments

Medical payments to members of your family and guests who are injured on your property. It doesn't matter if you're liable for the injury or not.

Personal Liability

Your liability for damage to person or the property of others. If you have health care professionals or friends visit you, and they are injured on your property, your homeowners insurance will cover the expenses incurred.

Miscellaneous Coverages

Homeowners' policies generally also include additional coverages such as:

• Debris removal
• Repairs: Costs associated with making reasonable repairs to your property to protect it from further damage.
• Trees, Shrubs, Plants, and Lawns: This coverage generally has a $500 limit per tree, shrub, or plant.
• Fire Department Service Charge: This coverage provides up to $500 if you owe the fire department because you called them due to a covered threat to your property.
• Property Removed: If you try to preserve property by removing it from a building threatened by a covered risk -- and damage it in the process -- the loss will be covered.
• Credit Card, Fund Transfer Card, Forgery, and Counterfeit Money
• Collapse: Losses to property resulting from the collapse of a building or a part of a building if due to a risk covered in the basic homeowners policy plus other specified risks such as hidden decay or hidden insect or vermin damage.
• Glass or Safety Glazing Damage.
• Landlord Furnishings: This additional coverage provides up to $2,500 to cover appliances, carpeting, and other household appliances in an apartment on your premises that you rent to others.
• Building Additions and Alterations: Homeowners insurance for renters (Form HO-4) includes an additional extension that insures alteration, fixtures, improvements or installations to the building.

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