If you own a home or have looked into owning a home, you have probably come across the topic of home insurance. Home insurance is one of the few types of insurance people are most familiar with. You might have a little idea of what home insurance is, but do you know the benefits of having home insurance?
Top benefits of home insurance
Homeowner’s insurance helps cover the inside and outside of the building. If something happens to your house, such as a natural disaster or a fire, dwelling insurance will cover the repair costs for your home.
Other structures coverage
If you have other structures on your property, such as a shed, fence, or detached garage, your insurance will cover it.
Loss of use coverage
Sometimes, things happen that make your house unusable for a period. When this happens, you need a place to stay. This is where the loss of use coverage comes in handy. It takes care of some of your living expenses while you wait for your house to become livable again.
Personal property coverage
Personal property refers to your belongings, including jewelry, electronics, furniture, appliances, and more. If your belongings get lost in a fire or stolen, your insurance can cover them up to a predetermined limit.
Accidents happen. Liability insurance can come to the rescue if someone gets hurt on your property. It covers medical costs or damage to another person’s property. It also covers you in the event of a lawsuit.
For more information about home insurance, contact us at LeapFrog Insurance in San Antonio, TX.