Numerous homeowners within Virginia purchase home insurance, hoping it will cover them against all manner of risks on their property. While it will help protect you against emergencies such as theft and hail, not all policies cover events such as flooding. Below, Smith Insurance Agency talks about the different home insurance policies to consider looking into.
Content coverage is designed to protect items such as furniture and clothing if they are stolen or damaged by incidents such as fire and vandalism. This policy provides compensation for your repair and replacement costs as needed, allowing you to eliminate any additional out-of-pocket expenses. Expensive content such as fine art and jewelry are often excluded from this policy and will require you to get extra coverage for such possessions.
Dwelling coverage protects the structure of your home against events such as fire, theft, hail, and vandalism. When these perils cause damage to your home, dwelling coverage will help you pay for the repair and replacement costs needed to fix your property. Dwelling coverage also covers structures not attached to your houses, such as a tool shed and a garage.
Liability coverage comes in handy when your guests sustain injuries or when their property is damaged. This policy helps you pay any medical costs arising from bodily harm and the costs of fixing damaged property. If you are also sued for any of the above incidences, liability coverage pays for your court awards and legal fees.
When your home is deemed uninhabitable due to damages from covered perils, additional living expenses will ensure that your accommodation costs are taken care of. This includes your restaurant meals, transport expenses, and hotel bills until your home is fixed.
Whether you need coverage that keeps your belongings safe or prefer a policy that protects you from lawsuits, Smith Insurance Agency is here to help you with your insurance needs. Call us today to get a home policy tailored to Virginia residents.
