Home insurance policy provides coverage for five main areas:
- The primary dwelling/building
- Other Structures such as storage sheds and detached garage
- Personal property
- Loss of use (if the dwelling is uninhabitable due to damage)
- Personal Liability (if your negligence caused injury to a person or his property)
The home policy is generally an “all perils” type of coverage that includes damage due to fire, theft, wind, hail, hurricanes, water and sewer backup. Earthquake is available for extra premium.
The policy provides replacement cost for both building and contents.