Owning a home comes with the obligation to keep your property and those on it safe. Homeowners insurance is designed to protect you financially if there is a disaster, theft or accident in your home. At Academy Insurance Agency Inc., we’re here to help you sort through homeowners insurance to keep your investment protected.
What Does Home Insurance Cover?
A standard homeowners insurance policy can help cover repairs due to property damage caused by the following:
- Fire and smoke
- Windstorm or hail
- Falling objects
- Water damage from plumbing, water heater, appliances and heating or cooling systems
Your policy may also provide coverage for additional living expenses, which can reimburse you or help cover expenses if you need to live somewhere else temporarily following a covered incident (such as a home fire or a tree falling on your house).
Home insurance also protects against third-party liability claims of bodily injury or property damage. The liability portion of your policy may also help protect you financially if a guest or other third party sues you for an injury caused on your property or you (or a covered party such as your spouse or children) cause property damage.
What your home insurance policy will cover depends on the coverages you choose. To confirm what your policy covers, reach out to an agent.
How Much Does Home Insurance Cost?
The cost of homeowners insurance will vary from policy to policy. The following factors can influence your premium:
- The value of the home
- The home’s location
- Your credit score
- Security features in the home
- Your chosen policy and coverage limits
To confirm a quote, reach out to an agent to discuss your home’s factors today.
Get Started Today
At Academy Insurance Agency, our agents are here to help you navigate home insurance coverage. Contact an agent today to get started or for more information.