What Does Homeowners Insurance Cover Find Out Now
Personal Belongings
Your homeowners insurance also extends to your personal belongings, such as furniture, electronics, and clothing. If these items are damaged or stolen, your policy can help cover the cost of replacement. The level of coverage is typically a percentage of your home's insured value, and it's wise to conduct a home inventory to ensure your possessions are adequately covered2.
Liability Coverage
Liability coverage is a critical component that protects you if someone is injured on your property. It can cover legal expenses and medical bills if you're found responsible for an accident. As lawsuits and medical costs can be substantial, having sufficient liability coverage is essential. Many experts recommend at least $300,000 in liability coverage3.