When you purchase a home with the help of a bank or mortgage lender, you’ll have to buy homeowners insurance to protect their investment. Even if you are not financing the purchase, it still makes sense to protect your house and belongings with a policy. To help you understand why, Grachek Insurance, the leading seller of home, auto, and life insurance in Kalispell, MT, explains what home insurance covers.

What Does Homeowners Insurance Cover?

1. The Structure of Your Home

If fire, wind, or other forces damage or destroy your home, your home insurance policy pays to repair or rebuild it. Dwelling coverage includes the walls, floors, roof, and any attached structures, such as a deck or garage. This also provides some coverage for structural elements, such as windows and doors, that may be damaged by burglars.

2. Outbuildings & Other Structures

Depending on the policy, homeowners insurance also usually covers additional structures on the property, such as a tool shed, detached garage, a gazebo, and even a fence. However, if you’re not certain that these are covered, check with your insurance broker. 

3. Your Personal Property

Personal property coverage protects the contents of your home against damage, destruction, and theft. These include your furniture, appliances, clothing, and electronics. If you have valuable items like artwork, expensive jewelry, or collectibles, you may have to insure them separately to make sure their full value is covered.

4. Property Damage & Bodily Injury Liability

Liability coverage protects you if someone is injured or suffers property damage. If one of your trees falls on a neighbor's garage or your dog bites the mail carrier, your homeowners insurance policy pays for repairs and medical expenses. It also pays legal fees to defend you in a lawsuit arising from such a situation.

5. Additional Living Expenses

If your home is destroyed or becomes uninhabitable, your homeowners policy pays the additional living expenses you incur. These include hotel room fees, the costs of dining out, and even laundry and personal care.

If you're in the market for homeowners insurance in Kalispell, MT, your first contact should be the experts at Grachek Insurance. They will help you design a policy that protects your home, your belongings, and your financial future. Visit their website to submit an information request form, or call them at (406) 755-4000 to speak to a friendly, helpful agent.