What a Typical Homeowners Insurance Policy Covers

What a typical homeowners insurance policy covers includes the structure of your home, personal belongings within your home, liability if someone is hurt on your property or destroys neighboring property, and added living expenses and temporary housing costs while you wait on repairs. Enter your ZIP code below to get free home insurance quotes and find affordable coverage today.

Free Insurance Comparison

secured lock Secured with SHA-256 Encryption

Chris Tepedino is a feature writer that has written extensively about home, life, and car insurance for numerous websites. He has a college degree in communication from the University of Tennessee and has experience reporting, researching investigative pieces, and crafting detailed, data-driven features. His works have been featured on CB Blog Nation, Flow Words, Healing Law, WIBW Kansas, and C...

Full Bio →

Written by

Laura Walker graduated college with a BS in Criminal Justice with a minor in Political Science. She married her husband and began working in the family insurance business in 2005. She became a licensed agent and wrote P&C business focusing on personal lines insurance for 10 years. Laura serviced existing business and wrote new business. She now uses her insurance background to help educate...

Full Bio →

Reviewed by Laura Walker
Former Licensed Agent Laura Walker

UPDATED: Jan 30, 2022

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance company and cannot guarantee quotes from any single insurance company.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.

If you own a house, it almost goes without saying that you have homeowner’s insurance. There are some ambiguities about what is covered on homeowner’s policies. In a nutshell, most homeowner’s insurance policies cover costs for damage cause to or by your home. Since there are some differences in each policy, it is a good idea to review yours and determine what your coverage entails. You don’t want to be in a situation where something happens to your house and you don’t have the right kind or adequate coverage for the situation.

Standard Home Insurance Covers the Structure of your Home

When natural disasters like fire, tornados, strong storms or lightning occur, it can be a scary time. Your homeowner’s policy exists to cover the kinds of damage that these incidents can cause.

Homeowners insurance covers buildings other than your home like, garages, pole barns, and gazebos for close to 10% of your insurance.

Floods, earthquakes and wear and tear damage are not always covered in every policy since they are not considered to be standard incidents. Keep in mind that the National Flood Insurance Program is managed by FEMA, and can be purchased through a network of providers.

Compare The Best Insurance Quotes In The Country

Compare quotes from the top insurance companies and save!

secured lock Secured with SHA-256 Encryption

Standard Home Insurance Covers Personal Property

Take a good home inventory of your belongings. You want to be able to give an account to your insurance company about all property damage and loss. Having an inventory will be instrumental in giving this account. Some of the things that your home insurance policy covers are furniture, clothing, electronics, sports equipment and other standard belongings.

Keep in mind that these items are typically covered by 50-70% of your policy.

Another thing to remember is that belongings like fur coats, jewelry and other high ticket items may exceed standard coverage and require an additional endorsement for a special appraisal. Whatever the costs associated with your property you should always start with a good inventory of them.

Standard Home Insurance Covers Other Liabilities

Lawsuits are no fun, but you could find yourself facing one if a person sustains injury or damage to their property by a member of your family or one of your pets.

If someone slips and falls in your house and sustains an injury, your homeowner’s policy should cover their medical costs, as long as the incident was an accident and there was not deliberation to it.

Than Merrill, CEO of FortuneBuilders, further emphasizes the importance of having this coverage: “Liability coverage protects against a guest’s medical bills and your legal expenses if sued,” he says. “In addition, liability coverage will also cover the injured party’s lost wages. It will also cover the costs of repairing the damage you accidentally caused to someone else’s property.”

In a like manner, if your dog tears up a neighbor’s fence, your homeowner’s policy should cover that, as well.

Standard Home Insurance Covers Added Living Expenses

Often times houses get damaged or destroyed and the residents are not able to live there any longer. In these cases, your insurance policy can pay for your temporary housing costs, until damages are repaired. Any expense that is considered necessary for survival like food bills, are covered by your insurance while you are in a temporary residence.

Free Insurance Comparison

Compare quotes from the top insurance companies and save!

secured lock Secured with SHA-256 Encryption