Most people will say that the most expensive asset that they own is their home. Not only is their home expensive, but the things inside of their home are expensive as well. Because of this, it is important that the homeowner protects their home and its contents just in case disaster were to strike by purchasing homeowner’s insurance. When a homeowner purchases a basic policy, there are several things that their homeowners insurance quote in Tomball will include.
Dwelling Coverage
If a person’s home was damaged or destroyed by a covered loss, the insurance would pay to repair or rebuild the home. If the plumbing, electrical, heating, or air conditioning systems are damaged by a covered loss, the insurance would pay for these repairs as well.
Other Structure Coverage
If a homeowner has a detached garage, a shed, gazebo, a fence or any other structure on their property, it would be covered if it were damaged by a covered loss. If the structure is destroyed, the insurance would pay to rebuild the structure.
Personal Property Coverage
This coverage would reimburse the homeowner if any of their personal property is damaged or destroyed by a covered loss. This can include furniture, electronics, clothing, sporting goods, and anything else of value. If the home is broken into and expensive personal items are stolen, the insurance would cover these as well.
Liability Insurance
If a person is injured on the homeowner’s property, this type of coverage would pay for their medical bills, lost wages, and pain and suffering. If they were to sue the homeowner, they wouldn’t need to worry about going broke to pay the victim for their injuries. This coverage also covers family members who cause damage to another person’s property. For example, if the homeowner’s child breaks a neighbor’s window with a ball, the liability insurance would pay for the damages.
Loss of Use
If the home is damaged or destroyed by a covered loss and it cannot be lived in until it has been repaired or rebuilt, this coverage would pay for the family’s temporary living expenses.
A person’s home is not just one of the most expensive things that they own, it is also the most important thing that they own. As soon as the individual purchases a home, they should contact an insurance agency to get a homeowners insurance quote in Tomball. For more information, Browse our website.
