What Does Homeowners Insurance Cover?
Homeowners Insurance in Houston
What is Homeowners Insurance?
Homeowners insurance is a specific type of insurance policy that protects homeowners against losses and damage caused by perils such as fires, storms, or burglary. It also covers legal costs if someone is injured in your home or on your property.
Earthquake and flood coverage is typically not included in standard homeowners insurance policies, but you may be able to add on this additional coverage (flood insurance is often required in flood zones). Your home insurance premium is typically paid monthly, along with your monthly mortgage payment.
Homeowners insurance is almost always required in order to get a home loan. Don’t be surprised if your lender requires you to purchase homeowners insurance before the mortgage company will sign off on your loan (this protects the lender’s interest in your home). But even if you don’t have a mortgage, it’s a good idea to have homeowners insurance coverage to protect your investment.
Review your coverage each year with your insurance company to make sure you still have enough insurance coverage to meet your needs. Remember, you can add on to your homeowners insurance policy at any time, and add more coverage as your situation changes. Many homeowners opt to shop around for homeowners insurance from different companies to help reduce their monthly premiums.
What Does Homeowners Insurance Cover?
Homeowners insurance policies vary on what and how much they cover, but typically they’ll cover all or part of your financial losses. Coverage often includes:
- The home itself, including the structure and its plumbing, electrical wiring and central air and heat systems.
- Other structures on your property such as sheds and fences.
- The possessions in your home, such as electronics, appliances and clothes, even when they aren’t located on your property.
- Loss of use, such as paying for a hotel room while your home is getting fixed.
- Personal liability coverage (financial losses should someone get hurt on your property and sue you).
- Medical payments for people who get hurt on your property.
To learn more about automobile insurance solutions for you and your teenager, contact the experts at www.cosechains.com or (281) 858-4700 / (713) 772-0241. Our licensed insurance experts will be happy to answer any questions you have.
Source:Zillow
Homeowners Insurance in Houston
Cosecha Insurance, Life Insurance in Houston, Life Insurance Coverages in Houston, Life Insurance Discounts in Houston, Life Insurance Rates in Houston, Life Insurance Policy in Houston, Car Insurance in Houston, Car Insurance Coverages in Houston, Car Insurance Discounts in Houston, Car Insurance Rates in Houston, Car Insurance Policy in Houston, Auto Insurance in Houston, Auto Insurance Coverages in Houston. Auto Insurance Discounts in Houston. Auto Insurance Rates in Houston, Auto Insurance Policy in Houston, Home Insurance in Houston, Home Insurance Coverages in Houston, Home Insurance Discounts in Houston, Home Insurance Rates in Houston, Home Insurance Policy in Houston, Motorcycle Insurance in Houston, Homeowners Insurance in Houston, Retirement Savings in Houston, Social Security in Houston, Unexpected Loss in Houston, Disability Insurance in Houston, Insurance Requirements in Houston, Insurance Companies in Houston, Personal Auto Insurance in Houston, Business Insurance in Houston, Commercial Insurance in Houston.
