Most Homeowners insurance policies combine these five main coverage’s in to a single policy:
You can also add supplemental coverage’s
to your homeowners policy such as:
A renter’s insurance policy not only protects personal property like your TV, furniture and clothing from losses. It can also include liability coverage which will protect you if someone is accidentally injured, for example slipping on a wet floor in the kitchen.
Whether you're renting an apartment, condo, or a home it is most likely that your landlord's insurance policy is not going to protect you from the loss of the plasma TV’s, furniture or personal items in the event of theft, fire, hurricane or water damage.
Home Owners Insurance policies do NOT cover flood. Flood insurance is a separate policy that provides protection for destruction and financial devastation caused by heavy and lengthy rain falls, storm surges, blocked storm drainage systems, snow melts, etc.
Although it may not seem like much, even a few inches of water can cause serious damage; resulting in thousands of dollars in repair and restoration costs. In certain circumstances flood insurance may be required on your home.
against the unexepected!