5 Things You Don't Know About Home Insurance

​After finding your new home, the next step is to protect it by buying homeowners' insurance. If your personal or auto insurance also covers home insurance, then you may extend your coverage, but if you want a separate policy for your home, take note of the following things that most homeowners may have missed when it comes to getting home insurance. 

What Is Included In A Home Insurance Policy
Do you know that your home is not the only thing that’s part of your policy? Also included are your driveway, sheds, fences, and structures inside your property. If you want to know about the coverage or additional coverage of your policy, consult your homeowner's insurance agent.

Your Personal Property Is Covered
Personal property is the things you own, and your homeowner's insurance can cover your personal property, whether it's at home or anywhere. If your laptop gets stolen from inside your car, you'll be covered. However, there may be limits to this coverage when it comes to valuable items like jewelry, antiques, artwork, and other valuable items. 

Additional Living Expenses Are Covered
If your home suddenly becomes uninhabitable because of a fire, theft, or other conditions, this falls under a clause known as "loss of use," and your insurer may be able to help you pay for a suitable place to live. The insurance company may even cover living expenses like food, parking, laundry, housekeeping, etc.

What Is Your Personal Liability
Liability is the thing that you are responsible for. It is the reason why you’re getting your home or property insured in the first place. This condition is your fault, or anyone included in your policy causes any damage to other people's property; your insurance company should have these covered. And to be clear, these are entirely unintentional situations.  

What’s Not Covered By Homeowners Insurance
Your policy does not cover earthquakes and flooding. These may be covered by a separate policy that you must also purchase if you want to protect your property further. Other things that are not included in your policy are sewer backups, mold, pool accidents, wear and tear, jewelry, and fine art and construction work damage. 

At American Eagle Insurance, we put our clients first by offering them policies that they can afford. Having insurance is a necessity nowadays and we're here to help you out. Learn more about our products and services by calling our agency at (225) 667-7377. You can also request a free quote by CLICKING HERE.