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  • Writer's pictureBlayne Jacobson

Understanding Homeowners Insurance:

Updated: Jul 3, 2023

Homeowners insurance is an important investment for any homeowner. It protects your home, belongings, and personal liability in case of unexpected events such as fires, natural disasters, theft, and accidents. But with so many options available, it can be challenging to understand which coverage you need. In this blog post, we'll break down the most common home insurance coverages and explain what they cover.


Dwelling Coverage:


Dwelling coverage is the foundation of a home insurance policy. It covers the cost of repairing or rebuilding your home if it's damaged or destroyed by covered events such as fire, wind, hail, or lightning. This coverage also includes attached structures like garages and decks.


Personal Property Coverage:


Personal property coverage protects your belongings such as furniture, electronics, and clothing, in case of theft, fire, or other covered events. It covers the cost of repairing or replacing your items up to the policy's limits.


Liability Coverage:


Liability coverage protects you from legal responsibility if someone is injured on your property or if you accidentally damage someone else's property. It also covers legal fees in case of a lawsuit. Liability coverage can be extended to cover defamation or libel.


Medical Payments Coverage:


Medical payments coverage pays for medical expenses if someone is injured on your property, regardless of who is at fault. It can cover costs such as emergency room visits, X-rays, and surgeries.


Loss of Use Coverage:


Loss of use coverage covers your living expenses if your home is damaged or destroyed by a covered event and you can't live in it during repairs or rebuilding. It can cover costs such as hotel stays, food, and transportation.


Water Damage Coverage:


Water damage coverage protects you from unexpected water damage caused by events such as burst pipes, leaking appliances, or heavy rain. It covers the cost of repairing or replacing damaged items, as well as the cost of fixing the source of the water damage.


Additional Coverages:


There are additional coverages you can add to your home insurance policy to ensure you are fully protected. Some of these additional coverages include:

  • Flood insurance

  • Earthquake insurance

  • Jewelry and valuables coverage

  • Umbrella insurance

  • Water Backup and Sump Pump Overflow Coverage

  • Identity Theft Coverage:



Choosing the right home insurance coverage can be overwhelming, but it's important to have adequate coverage to protect your home and belongings. By understanding the different types of coverages available, you can make an informed decision and feel confident that you are covered in case of unexpected events. Don't hesitate to reach out to our agency for assistance in selecting the best coverage for your needs.

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