Many people purchase a home insurance policy without knowing the details. Not every policy is the same, and you should make sure that the amount of coverage you are receiving is enough for your property and your family. There are a few basics that should be a part of every homeowners policy. Protect yourself and your home by confirming your policy has the following inclusions:
Fire Protection
Most home insurance policies cover fire, including fire damage, smoke damage, and injuries sustained. However, you should verify that all of these items are covered. You don’t want to get caught in a situation, for example, where fire damage is included but smoke damage is not. Additionally, it is important to confirm that fire insurance is actually included in your homeowner’s policy if you live in an area where wildfires are common. In this case, you may be required to buy high-risk fire insurance.
Storm Coverage
Some storms come without warning and can leave destruction in their wake. Extreme weather can destroy roofs, shatter windows, and rip off siding. In addition, severe storms can cause electrical systems to fail, usually due to fallen trees or wiring damage. While it is typical for home insurance policies to cover storms, each policy is different and may include certain exclusions. You should know what these exclusions are and decide whether it would be best to purchase expansions or additional policies. Furthermore, it is a good idea to choose your policy based on both premium and deductible costs. Where risks are higher, you might want to trade out a low premium for higher deductible options.
Personal Liability and Medical Expenses
Accidents can happen anywhere, even at home, and you need to protect yourself from both liability for an injury sustained on your property and from the medical bills after the accident that will incur. Both lawsuits and medical bills can quickly overwhelm your ability to pay, and without sufficient insurance, these expenses have the potential to sink your bank account fast. Protect yourself from the fallout that can occur in the aftermath of an accident on your property.
It is imperative that you protect your home with a suitable home insurance policy. It is also wise to know your coverage and ask your Agent any questions you can. This will help you ensure that you have enough insurance to thoroughly safeguard your home and assets against the unthinkable. Contact Harris Insurance today with any Florida property insurance questions or quote requests. We’ve been protecting Florida Residents since 1965!
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LEGAL DISCLAIMER
Views expressed here do not constitute legal advice. The information contained herein is for general guidance of matter only and not for the purpose of providing legal advice. Discussion of insurance policy language is descriptive only. Every policy has different policy language. Coverage afforded under any insurance policy issued is subject to individual policy terms and conditions. Please refer to your policy for the actual language.
