At The Owens Agency LLC in Waldron, AR, we understand that understanding what is and isn’t covered by a home insurance policy can be confusing. Our agency is staffed with licensed, experienced insurance agents who are well-versed in home insurance, and we’re here to share our knowledge with you.
What is covered in a standard home policy?
A standard homeowner insurance policy typically covers the structure of your home, other structures on your property (like a detached garage or shed), and your personal belongings inside your home.
You can also expect coverage for additional living expenses incurred while your home is uninhabitable and being repaired. These expenses may include extra mileage to work, transportation costs, rent, hotel, food, and pet boarding expenses. These are covered if a covered peril, such as fire, windstorm, lightning damage, explosion, hail, vehicle damage, vandalism, water damage from pipes, falling objects, or the weight of ice and snow on your roof, damages your home.
A standard home insurance policy also covers liability for others injured on your property and legal expenses needed to settle the dispute.
What isn’t covered by a standard home policy?
A standard home policy does not cover earthquakes and floods, but they can be added for an additional cost. Furthermore, standard home insurance policies don’t cover intentional damage, sewage backups, pest infestations, everyday wear and tear, and anything else specifically listed in your policy conditions. Lastly, high-value artwork and jewelry may be covered, but strict coverage limits may exist.
For more information on home insurance
At The Owens Agency LLC in Waldron, AR, we understand you may have more questions about home insurance coverage. We’re here to answer all of them and help you make a well-informed decision about your policy. Call us today at (479) 637-2207.
