The Different Types of Home Insurance

​In case you are planning on getting your first home insurance policy or simply want to update your current policy, it is essential to know the basics of your home insurance coverage. Before making a final and informed decision, you should be familiar with the different insurance types available to you.

What Is Home Insurance? 
Home insurance is a type of property insurance coverage that shoulders damages and losses to a person's residence. It also covers the other assets and furnishings in the home. Homeowners insurance grants liability coverages against injuries and accidents on the property or inside the house. 

The Different Types of Home Insurance Coverages
Personal Liability: This type of coverage includes bodily injury damage coverage that shoulders the costs if your guest suffers from an injury inside your home or somewhere around your home. It also covers property damage coverage, which happens if your property becomes damaged because of a covered accident. 

Contents Coverage: This type of coverage takes care of and protects the items in your home, such as clothing and furniture. If an incident or accident occurs, you will receive funding for the total amount of your items' value. Personal liability coverage will shoulder the damages and destruction from certain situations. 

Dwelling Coverage: This type of coverage is the foundation and basis for all home insurance policies. It gives you protection for the whole structure of your home, which includes the walls, floors, ceilings, and even built-in appliances. 

It also covers attached structures. Dwelling coverage protects you and your home from hazards such as theft, vandalism, and hail. This policy can aid you in rebuilding your home in case of a total loss.  

Conclusion 
Choosing the right home insurance that is unique to your needs and your home's needs can be complicated and confusing. However, it is crucial to remember that you will find the perfect one for you with enough research. 

Having home insurance is something all homeowners should have. It is comforting to know that there is something that will protect you if there is a setback. 

At Black and Associates Insurance, Inc., we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the insurance that fits your needs. You can get more information about our products and services by calling our agency at  (509) 464-0058. Get your free quote today by CLICKING HERE.