What Does Homeowners Insurance Cover?

Coverage for the Structure of your Home

Most homeowner's insurance policies provide coverage for the structure of your home against named perils, or certain catastrophes (such as fires, hurricanes, tornadoes, lightning, or other disasters specifically noted in your homeowners insurance policy). 

A notable coverage exclusion of Homeowner's Insurance policies are floods and earthquakes; insurance to protect against these types of losses almost always has to be purchased under a separate policy.

Coverage for your Personal Belongings

Your homeowner's insurance policy will provide basic coverage to protect the contents of your home. According to the Insurance Information Institute, “most companies provide coverage for 50% to 70% of the amount of insurance you have on the structure of your home.” 
You can extend the amount of that coverage in the event you need additional protection by adding a Valuable Possessions Endorsement to your Homeowner's policy.

You can extend the amount of that coverage in the event you need additional protection by increasing the contents coverage on your Homeowner's policy or scheduling items of value under the Scheduled Personal Property Coverage endorsement. 

Liability Coverage

Typically, your homeowner's policy will also include coverage that protects you and your family against liability risks, such as a visitor falling and getting injured on your premises. 

For more information and a few great tips, check out our Understanding Homeowner's Insurance page.


Customized Homeowners Insurance To Fit Your Needs

While all Preferred Mutual homeowners insurance policies are specific to your individual property and coverage wants and needs, we also have high value homeowners insurance policies as well as mobile home insurance policies designed to be more customized out of the box to fit your unique needs - and give you peace of mind. 

In fact, we have offer homeowners insurance policies for vacation homes (secondary or seasonal home insurance), condo insurance, or insurance if you want to rent your home out to others.  

Save On Homeowners Insurance With Discounts For:

  • Combining multiple policies such as home and auto
  • Building or renovating your home with superior construction techniques 
  • Home construction less than 20 years old
  • Non-smoker (NY, MA & NH)
  • Protective devices
  • Hard wired generator
  • Central station alarms
  • Higher deductibles

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