Homeowners Insurance Covers more than Your Home

When many people think of their homeowners insurance policy, they think simply of the actual home itself; of the structure whose roof rests over their head each night. But your homeowners insurance policy, when understood properly, is so much more than just simple protection for your dwelling and attached structures. In fact, it contains many different categories of coverage that you may eventually find useful.

1. Loss of use: Have you ever considered where you would go if there was a fire in your home that made it uninhabitable until repairs were completed? And who would pay for the temporary dwelling you must inhabit? Your homeowners policy, if it has loss of use coverage, would pay for the hotel, apartment or other suitable dwelling you need to run to for safety after an insurable event.
2. Liability: Sure, a pool party sounds like a lot of fun, but you never know whether or not one of your guests might get hurt during a backyard brouhaha. And it isn’t just parties that keep you exposed to injury liability—a neighbor tripping on your walkway or a stray branch falling on someone’s car can also result in a costly claim against you. Your homeowners insurance liability portion can protect your personal finances against these claims.

If you are unsure of all the different items your Round Rock homeowners insurance protects, find out more at Evans, Ewan & Brady today.