Your home is the primary space for you and your family. Ideally, it's one of the most significant financial investments for most Georgia residents. That means that protecting it through homeowners' insurance is a valuable financial strategy.
So, what exactly does home insurance cover? Fallaize Insurance Agency, Inc. will discuss some coverage options under home insurance.
Types of coverage
This policy ensures that the whole structure of your home is covered. That includes the walls, ceiling, and floor.
Personal property coverage
All content in your home, like furniture, personal items like clothes and shoes, appliances, and electronics, are covered under this policy. If damaged, burned, or stolen, your insurance provider can replace or repair them even if they are not damaged at home.
This policy covers structures that may be on your property or close to your home like a shed, garage, or fence.
Some accidents are inevitable. Such accidents like a guest or neighbor hurting themselves while at your house can land you into lawsuits. This policy defends and protects you against getting sued by other people after they injure themselves at your home or after you damage their property.
People who are injured while in your home can benefit from this coverage as it helps pay their medical bills.
Additional living expenses coverage
If an accident renders your home dangerous or unlivable, the additional living expenses coverage helps pay for your temporary housing until your provider fixes the house.
Other additional/optional coverages:
- Water back up
- Sports equipment
- Scheduled personal property
- Garden and yard
- Business property
- Musical instruments
- Electronic data recovery
- Green improvement reimbursement
- Identity theft restoration
- Valuables protection
- Food reimbursement
Home insurance is a critical coverage for any homeowner. Looking to buy a home insurance policy in Georgia? Fallaize Insurance Agency, Inc. can help you with that. Be sure to drop by for a quote or to discuss a new policy.