Home insurance can cover far more than just your house. It might cover your possessions, your public identity, additional living expenses, and more! We’ve gathered a list of some additional coverages your home insurance might include.
However, not all the examples listed here are included in every home insurance policy. Others are available only by endorsement. It’s best to talk to a licensed Trucordia agent about what’s included in your policy.
Personal Property Replacement
Your home insurance will typically provide protection for up to 50 to 70% of the replacement cost of the structure. For instance, if your replacement cost of the home is $150,000, your policy would include $75,000 for your personal possessions such as clothing, computers and such.
Keep in mind, jewelry, art, and furs would require a special endorsement.
Animal Bites
If you own an animal, it’s possible they could harm someone visiting your home or while you’re away. Your home insurance policy can provide liability insurance coverage to help cover the injured party medical bills as well as any settlement or attorney’s fees.
Identity Theft
Identity theft is a growing problem in the United States, so having this coverage can be a great move. This coverage helps with expenses that come when you’re trying to get your stolen identity back and your credit ironed out.
However, this coverage is typically an endorsement, so it won’t be covered in your standard policy.
Theft of Items From a Car in Transport
Your auto insurance doesn’t cover you if someone steals any of your home items that you’re transporting. A home insurance policy can!
However, consider carefully whether or not it would be worth turning in a claim. A deductible and claim on your record could make it a wash, or it could put you in a worse situation come renewal time.
Additional Living Expenses
If your home is made unlivable after being damaged in a covered loss, some insurance companies will pay for your room & board while the home is being repaired.
Extra Coverage Availability
You become eligible for an umbrella insurance policy if you purchase a high limit home insurance & auto insurance policy together. These policies offer additional liability protection if your home or auto insurance policy is exhausted. They’re typically inexpensive, and you can get a quote in just a few minutes.
The coverages above may not be available from all insurance companies, and your options vary by state. You should talk your Trucordia agent to find out if your home insurance company offers the above benefits.
If you have questions about your home insurance, call the insurance agents at Trucordia. Their years of insurance experience can help you insure everything from your home to your auto or business Insurance. We have locations throughout Washington State in Olympia, Centralia, Vancouver, Tacoma and Marysville. Check out our mobile app or get a quote today!
