That's a lot like asking, "Which house should I buy?" It all depends on your personal circumstances. What kind of homeowners insurance should I choose? Have more questions? Call (800) 841-2964 to speak to an agent. Coverage for additional costs you might incur because of a covered loss (for example, if you need to temporarily live elsewhere if a fire makes your home uninhabitable).Coverage for personal liability exposures that arise from being a homeowner.(Most policies don't cover lost jewelry.) If you need greater coverage for your prized collection, you might need a homeowners policy endorsement. Limited coverage-usually $500 - $2,000-for jewelry stolen from your home.Damage to your personal property due to causes specified in your policy.Dwelling coverage for damage to your house and certain attached structures on your property (unless the cause of the damage is specifically excluded in your policy).What does homeowners insurance cover?Įach homeowners insurance policy offers different protection, but standard policies usually provide: The personal liability portion of a homeowners policy provides coverage, for example if your litigious brother-in-law slips down your steps on a rainy day and injures himself. Fortunately, a homeowners policy will cover damage to your home and personal property due to a variety of causes (called "named perils" in insurance lingo). these are the kinds of threats that might cause you to lose sleep, if you didn't have the protection of homeowners insurance coverage. How does homeowners insurance work?įire, theft, accidents. Find out what's best for you with a free online home insurance quote, or call (800) 841-2964 to discuss your options with one of our licensed insurance agents. (A cozy townhouse needs different coverage than a sprawling country estate.) The GEICO Insurance Agency makes available a wide range of coverage options. When you're looking for homeowners insurance, apply the Goldilocks principle-you're looking for a policy that's just right. (Most mortgage holders require you to have it.) But honestly-why wouldn't you want homeowners insurance? Your home is one of your largest investments. Why do you need homeowners insurance coverage?įor one thing, you probably can't buy a house without it. There are different kinds of homeowners insurance policies, so it's important to understand what homeowners insurance is and how a homeowners policy actually works. Homeowners insurance coverage is an important responsibility of owning a home, as it adds a layer of financial protection for what may be you and your family's biggest investment. Learn About Homeowners Insurance Coverage
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