Homeowners Insurance

 A typical policy includes:

• Dwelling coverage: Repairs or rebuilds your home’s structure—walls, roof, foundation.
• Other structures coverage: Covers detached structures like a garage, shed, or fencing.
• Personal property coverage: Protects belongings inside your home—furniture, electronics, clothing.
• Liability protection: Helps cover legal or medical costs if someone gets injured on your property or if you accidentally damage someone else’s property.
• Loss of use/additional living expenses: Pays for temporary housing and other living costs if your home becomes unlivable after a covered event.

You’ll want enough dwelling coverage to rebuild your home from the ground up if needed. It’s also important to evaluate personal property needs and liability limits based on your assets and lifestyle. Periodic reviews (especially after renovations or buying high-value items) help ensure you’re adequately protected. 

•  Replacement Cost provides reimbursement for the cost of replacing an item today, regardless of depreciation.
• Actual Cash Value (ACV) factors in depreciation, so reimbursement reflects the item’s current value.
  You can choose between the two for your dwelling and personal belongings—replacement cost offers greater protection at usually higher premiums.

Standard policies typically exclude:

• Flood and earthquake damage (covered with separate policies or endorsements).
• Sewer or water backup unless you add specific coverage.
• Normal wear and tear, pests, mold from long-term neglect, and other maintenance-related issues.

 Yes. You can add or bundle for:

• Flood or earthquake protection
• Sewer or water backup coverage
• Scheduled coverage for high-value items like jewelry or electronics
• Umbrella or extra liability coverage for higher protection limits