Keeping Your Home Protected, Inside and Out

Whether you’re a new homeowner or are looking to protect additional items, you need a policy that covers your needs. Understanding what a basic homeowners policy does and does not include is important. That way, you know what additional coverage you should consider. Keep reading for tips and tricks on how to find the right fit for protecting your home, inside and out. 

What’s the difference between Homeowners Insurance and Personal Property Insurance? 

In areas where your homeowners policy may be lacking, additional personal property coverage can help ensure your high-dollar valuables are protected. 

Homeowners Insurance will cover various items inside and outside of your home. However, there are limitations to what items and under what circumstances they will be covered. This is where personal property coverage comes in handy. It protects personal belongings inside your home in the event of damages or theft. This includes specific, high-value items, like jewelry, firearms, furs, collectibles, silverware, gold, musical instruments and more. 

For what situations should I consider additional insurance beyond my homeowners policy?

  • Home-based businesses. If your business inventory got ruined or a customer fell in your home, your standard homeowners policy might not cover it. Be sure to talk to your agent about commercial coverage to keep your work and clients safe.
  • Outbuildings. The tree house you built for your kids or the shed you have for more storage are typically limited in standard home coverage. Check with your agent to see if you should get additional structure coverage to have your hard work and personal items protected. 

How do I ensure my home is protected in case of Earthquake and/or Flood?

You may assume you’re covered under your standard homeowners policy from these natural events, but that might not be the case. In reality, these natural disasters require their own policy additions. If you live in a flood or earthquake prone area, talk to your agent about these other insurance options. 

A good Home Insurance Policy coupled with the right amount of additional coverage can help ensure your home and valuable assets stay protected through the ups and downs. Contact an agent today to see how much coverage you may need.