OWN A HOME

It has never been easier to get Scheduled Valuable Possessions coverage. Items can be scheduled on an individual or blanket basis. Most often current appraisals are required for items to be scheduled:

·      Your home and attached structures, such as a garage. (Coverage A)

·      Structures located on your property such as a shed, swimming pool, unattached garages and fences. (Coverage B) 

·      Personal property, including clothing and furniture. (Coverage C)

·      Loss of Use - Additional expenses you may incur (hotel, food, laundry, etc.). If forced to leave your house due to a covered loss. (Coverage D) 

·      Personal liability coverage in case you or a household member is sued for negligent acts that result in another person's accidental injury or in property damage. (Coverage E)

·      Medical payments to non-household members injured on your property. (Coverage F)

Homeowner policies typically cover damage to your home as well your belongings resulting from a number of causes:

·         Theft  

·         Fire

·         Lightening

·         Hail

·         Explosions

·         Falling objects

In fact, an HO-B policy covers your house on an "all-risk" basis - only causes of loss specifically itemized in the policy are excluded.

It is important to note that damage caused by floods and earthquakes are two examples of natural disasters that are not covered under a typical policy. However, policies are available for both.

Keep in mind that home insurance typically does not cover the land your home sits on - so estimating the cost of your home should exclude the cost of the land.