The most expensive asset that most homeowners own is their house. Because the house is so expensive, it is important that it is protected. One of the best ways to protect a home is to purchase a homeowners insurance policy. Before calling around for homeowners insurance quotes Des Moines IA, homeowners should know what standard policies cover.
If a home is damaged or destroyed by a covered loss, such as a fire or severe storm, this insurance will pay to have it repaired or rebuilt. This also includes heating, electrical wiring, plumbing, and air conditioning. If the homeowner needs to rebuild the home, they should make sure that they have enough coverage to cover the cost.
Other Structures Coverage
If homeowners have additional structures on their property, such as a detached garage, a shed, fence, or a deck, this insurance will cover the structure if it was damaged or destroyed by a covered loss.
Personal Property Coverage
If a homeowner’s property is damaged or destroyed by a covered loss, this insurance will cover it. This can include furniture, electronics, sporting equipment, and clothing. This coverage would also reimburse the homeowner for any property that is stolen during a break in.
Loss of Use Coverage
After a fire or a severe storm, a home can be too damaged to live in. When this happens, the homeowner would need to find somewhere else to stay. Loss of use coverage would cover the cost of housing and living expenses until the home has been repaired or rebuilt.
If a homeowner or one of their family members are responsible for causing injuries or damage to another person or their property, this insurance would cover the expenses. It would also cover any defense costs.
Additional Home Coverage
There are a variety of additional types of coverage that a homeowner can add to their policy. For example, floods are not covered under most standard homeowners policies. If a person lives in a flood prone area, they can pay extra to add this to their policy.
A homeowner can get information on various types of coverage when they call for Homeowners Insurance Quotes Des Moines IA. For more information, click here.