Your home is not only one of the most expensive assets you’ll buy, but it’s also the center of your life. Unfortunately, your home and other investments are vulnerable to a range of risks, any one of which can destroy your most valuable possessions in a matter of hours. Your homeowners insurance policy extends coverage over several areas, including your personal belongings and savings.
What Does Homeowners Insurance Protect?
1. Damage to Your Home
Homeowners insurance pays for damages to the physical structure of your house. A standard policy covers a broad array of perils, including fire, damage from storms and hail, and even vandalism. Other, less likely scenarios include explosions, meteorites and other falling objects, and water damage caused by burst pipes.
2. Lost Personal Property
The standard policy also includes protection for your personal possessions lost in a covered event. As such, you’ll be compensated if someone steals your jewelry or your TV is destroyed in a flood or fire. However, you should check with your agent to ensure you have enough personal property protection. If you have especially valuable items like jewelry, electronics or artwork, you may want to schedule them on your homeowners policy to protect your investments.
3. Liability Coverage
If a visitor is hurt on your property or a member of your household causes an accident, the resulting lawsuit could threaten everything you own. Fortunately, homeowners insurance includes liability coverage to pay these claims for you, along with any legal expenses you incur defending yourself.
For over 65 years, Texas County, MO, residents have relied on Mitchell Insurance Agency LLC to protect the things that matter most. As independent agents, they have access to an extensive selection of products from some of the industry’s top carriers and the expertise to help choose the one that’s best for you. To learn more about them and request a homeowners insurance quote, visit their website or call (417) 967-2140 today.