There are a variety of things to think about when buying a home. You have to have enough money for a down payment and closing costs. You need to have good credit for a decent loan. You have to pack up everything to move into your house. One crucial thing many people don’t consider when buying their home is insurance.

What is home insurance?

Home insurance protects you from paying out of pocket for damage and liability. You find a policy that is right for you, then pay a monthly premium. When something happens, you file an insurance claim with the insurance company to receive compensation for your losses.

What things does home insurance cover?

That’s all fine and dandy, but what does home insurance cover? That’s a great question. There are a few different categories that home insurance covers. Keep reading to find out what all home insurance covers.

Dwelling coverage

Dwelling coverage includes the inner and outer structure of your house.

Other structures

Other structures coverage refers to structures other than your house on your property. The other structures include a fence, a detached garage, barns, sheds, and other things that may be on your property.

Living expenses

If something happens and you are not able to live in your house, your insurance will take care of some of the costs. These costs include hotel rooms, meals, and any other necessities that you might need.

Liability

Unfortunately, accidents happen. This is where liability insurance comes in. If someone gets injured on your property, you are liable. Instead of paying out of your pocket, liability insurance pays for the damage or injuries.

Personal property

Dwelling coverage covers the structure of your home, but you still have your personal items to worry about. Personal property coverage can take care of your personal effects if they get damaged in a fire.

Contact Dune Lakes Insurance

Contact us at Dune Lakes Insurance in Inlet Beach, FL for more information.