See how affordable your homeowner's insurance can be.
Homeowners insurance, also known as home insurance, is a property insurance policy that provides coverage for a private residence. A homeowners policy typically covers losses and damages to your personal residence, as well as furnishings and certain other assets within your home. Home insurance may also offer liability coverage against certain types of accidents that occur within your home or on your property. Most mortgage lenders require a homeowners insurance policy.
Why do I need homeowner's insurance?
- Home insurance protects one of your most important investments
- A homeowners insurance policy offers protection against accidents in your home or on your property
- Most mortgage lenders require homeowners insurance
Who should carry homeowners insurance?
- First-time home buyers
- Current homeowners
What does homeowner's insurance policy cover?
Property Damage
Most policies cover damage to your house and any permanent structures on your property for:
- Fire
- Wind
- Hail
- Water damage (unless excluded by your policy)
Personal Property
Protects belongings that were damaged or stolen such as:
- Furniture
- Appliances
- Clothing
- Dishes
Our Personal Property Insurance calculator helps with deciding how much coverage fits your situation.
Jewelry
Limited coverage for jewelry stolen from your home, (usually $500 – $2,000). You may need special coverage for things in your collection like:
- Engagement rings
- Wedding bands
- Diamond bracelets
We can help you with a jewelry insurance policy that covers your valuable collection.
What else may be covered by a homeowner's insurance policy?
Personal Liability
Could help with medical expenses or property damage to others caused by you or members of your household, including pets. Personal liability could also help with legal expenses in the case of a lawsuit.
Examples: A visitor trips on loose carpet in your home and gets injured; or your child accidentally throws a ball through a neighbor’s window and breaks an expensive vase.
Medical Bills
Covers medical payments for minor injuries to people who don’t live with you but get hurt on your property.
Example: A visitor slips down your steps on a rainy day and gets injured.
Additional Expenses
Coverage for extra costs you might have to pay when experiencing a covered loss.
Example: A fire makes your home uninhabitable and you need to temporarily live elsewhere.
