Focus Insurance’s homeowners’ insurance policies commonly come with certain essential types of coverage against losses brought about by theft, accidents, and disasters, but often at times, they can be customized to meet an individual homeowner’s unique needs. A standard policy, however, does not cover any damage caused by earthquakes, flooding, or regular wear and tear.
Standard homeowners insurance typically covers four critical types of hazards which include:
1. Coverage for the structure of your dwelling
In most cases, it is made up of coverage that may help pay to repair or replace your home and belongings damaged or destroyed by fire, accidents, theft or any other disasters listed in your policy. Most policies may also cover costs of accidental damage to another person’s property or detached structures such as a garage. It is important to purchase enough coverage to rebuild your home when purchasing a policy for your home structure.
2. Coverage for personal belongings
Homeowners insurance also offers personal property protection. These include your furniture and other personal items in case of theft or destruction by any other insured disasters. In order to determine how much of this coverage will be enough, it is important to conduct a home inventory. For expensive items like jewelry, consider purchasing a special personal property endorsement in order to insure their full value or it’s officially appraised value.
3. Liability protection
If someone is not living with you or lawsuits for bodily injury or property damage that your family members cause to other people are filed against you, then a typical homeowners insurance policy will provide liability coverage for you. You can deliberate purchasing an excess or an umbrella liability policy for extensive coverage and higher liability restrictions.
4. Additional living expense
This coverage pays for the additional cost of living away from your home in case you cannot stay there due to damages caused by one of the insured disasters. In most cases, it has limits, both time limits and cost limits.
If you are a homeowner in Missouri looking for insurance coverage for your home, then look no further. At Focus Insurance in Eureka, MO, our insurance agents will create a suitable policy to fit the unique needs of your home. Visit or call our offices in Eureka, MO to get a quote.