Before you sign on the dotted line, be sure you have a full understanding of the limits of your homeowners insurance policy. Most standard homeowners insurance policies include four essential types of coverage:
- Coverage for your home’s structure
- Personal property coverage
- Liability protection
- Additional living expense coverage
As with any contract, it is best to read through all the material to ensure you have a thorough understanding of what your policy covers. Here is an overview of what you can generally expect from a typical homeowners insurance policy.