What does homeowners insurance cover?

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The basic structure of a homeowners policy looks like this: $ Coverage A: Dwelling - protects the structure of your home and other structures attached to it. The basic homeowners insurance policy pays you in case of any damage due to fire, and severe storms. Tornados and hurricanes may be covered. $ Coverage B: Other Structures - provides protection for structures or dwellings on your property but not attached to your residence (unattached garage, storage, shed, fencing, boundary etc.) $ Coverage C: Unscheduled Personal Property - covers damage to your personal effects owned or used by you inside or outside the home. $ Coverage D: Loss of Use - reimburses you for expenses you may incur if your home becomes uninhabitable due to a loss covered by the insurance policy. $ Coverage E: Personal Liability - provides coverage if another person brings a claim or lawsuit against you for bodily injury and/or property damage resulting from negligence on your property. $ Coverage F: Medical Payments - provides coverage for medical payments if a third party is injured by or on your personal property. Very important in the overview is what is NOT covered or what is often limited by contract. Mold and some related water damage. This is very often specifically limited. Mold damage can be very expensive to repair since it can grow undetected for quite a while before you know you have a problem. Read your policy carefully, especially if you live here in California as well as Texas, Florida, Nevada and Arizona to name just a few problem states. War, nuclear accidents and terrorism. A local riot would likely be covered but being attacked by terrorist or armies would not. Similarly, if your home is irradiated by a nearby power plant you$re not covered. Natural disasters If your home burns down in a wildfire and you live in a remote cabin or your home is rattled apart by an earthquake, inundated by a flood you may not be covered. Similarly, if you$re the victim of a landslide, however, you$re pretty much on your own. That kind of $earth movement$ usually isn$t covered, so it pays to get a geologists$ report before buying any home near a cliff or on a hill. Both earthquake and flood insurance are available as stand alone coverage. Neglect If a tree topples over in a windstorm and crushes your house, you$re covered. If your home collapses because of a termite infestation, you$re probably not. Dogs High risk pets like a Pit Bull, Rottweiler or wolf hybrid may result in your insurance getting very expensive -- if you can persuade your insurer to cover you at all. Intentional damage Intentional damage by an insured person -- or by the person$s spouse, children or relatives living in the house -- typically isn$t covered. Estranged spouses often come into a gray area. Although they may not live in the home, they may be listed on the policy or the property deed and be considered to have an $insurable interest$ in the home. Computer equipment Most computer equipment is covered but only to a specific limit. If you have a computer for you, your spouse and each of the three kids you should check you policy and consider adding additional coverage above the standard limits. Luxury items and collectibles (coins, guns, artwork, jewelry etc) Just like computer equipment, most of these items have specific limitation. You can add a rider called Scheduled Personal Property for additional coverage.
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Does homeowners insurance cover fences?

Yes, unless otherwise stipulated in your policy, In General, a Home Owners Insurance Policy will cover certain other permanent structures on your residential property incuding

Who is covered under homeowners insurance?

A "Named Insured" or "Insured" should defined by the policy and listed in the Definitions section of your policy. Generally it is the person listed on the declarations page, a

If homeowner dies does homeowner insurance cover it?

Homeowners insurance covers the house itself should it be damaged. Many of the policies include liability insurance so that if anyone is injured there you have protection. The

Does homeowners insurance cover electrical?

It is not meant to be a maintenance policy of the home. If your electrical is broken from wear and tear then it usually wouldn't be covered. If there is a random occurrence an

Does homeowners insurance cover tenants?

No, your homeowners insurance does not cover tenants nor any oftheir property or liabilities. actually, the presence of tenantswithout the presence of an owner can void all co

Is your deck covered on homeowners insurance?

If you have additional or other structures coverage on your home insurance policy and the deck was damaged by a covered peril such as wind, hail, lightning, etc then you shoul

Will homeowners insurance cover a roof?

Yes, If your roof was damaged by a covered peril on your Home Insurance Policy then you have coverage. If your roof is just old and is due for a replacement then that is pa

Does homeowners insurance cover dishwashers?

If Your dishwasher is just malfunctioning and needs a repair man then NO, Your home Insurance Policy does not cover Appliance Maintenance. A good home insurance policy

Does homeowners insurance cover trampolines?

Typically Trampolines and resulting injuries are not covered under your homeowners insurance policies. Most companies automatically exclude coverage for damages and injuries a

What does homeowners liability insurance cover?

It covers your negligent actions anywhere in the world as well if someone sues you your laibility coverage will kick in and they will defend you. There are some other coverage

Does homeowner insurance cover hvac?

Your HVAC is covered under your homeowners insurance for the same perils as your home, such as Wind, Hail, Fire lightning etc and subject to the applicable deductibles. See