Now that you own a home in Florida, the next decision you need to make is purchasing home insurance from Peninsula Underwriters Insurance Agency to protect your invaluable investment. But what does home insurance cover?
Home insurance coverages
Before shopping for home insurance in Florida, you must understand the different coverages to make an informed decision. Here are the most common homeowner’s insurance coverages.
This coverage protects your dwelling from various risks, including fire, theft, lightning, vandalism, and other risks. Besides, this coverage covers detached structures like the fence and swimming pool at an extra premium.
However, remember that home insurance doesn’t cover you against all risks — it has exclusions. Typically, home insurance won’t cover damage from:
- Floods and earthquakes
- Pest and mold infestation
- Intentional damage
- Acts of war
- Government actions
- Water damage due to sewer backup
If you would like to understand what is exactly covered by your home insurance policy, be sure to read your policy document in detail.
Home insurance covers damage and loss of personal items like clothing, furniture, and electronics. As such, if theft, fire, and any other covered peril devour your assets, your home insurance company compensates you for the loss.
Home insurance covers liability claims like property damage and bodily injury. For instance, if you host a party in your home and a guest falls off the stairs and dislocates their hip, you could be liable for the medical costs. Thankfully, with liability coverage, you don’t have to worry about such costs.
Loss of use
Home insurance covers additional living expenses when your home becomes damaged by a covered peril. This way, you don’t have to call friends and relatives for temporary shelter when catastrophes strike your home.
Buy home insurance today!
Need home insurance in Florida? At Peninsula Underwriters Insurance Agency, we understand that home insurance is not a one-size-fits-all. As such, we offer numerous home insurance coverages for your convenience. Contact us today to discuss your home insurance coverage.