Here are some typical situations in which homeowner’s insurance covers:

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Events inside your home

There’s a fire in your kitchen

Risk: You act quickly and prevent a grease fire from getting out of control, but smoke damages the counters and cabinets in your kitchen.

Coverage: Property coverage in your policy can help if your house is damaged by fire and/or smoke.

 

Thieves strike while you are away

Risk: You return to your home to discover thieves have stolen electronic equipment.

Coverage: If your possessions are stolen, damaged or destroyed in an insured loss, your coverage can help replace them, up to the policy’s stated limits.

 

A visitor is injured

Risk: A guest at trips on the steps between your deck and the lawn — fracturing his leg when he falls.

Coverage: Medical payments coverage can cover the medical costs if a visitor is hurt on your property, regardless of liability.

 

A storm hits

Risk: You can’t live in your house while the storm damage is repaired.

Coverage: Coverage for additional living expenses can help with the extra cost of temporary relocation caused by a covered event.

 

Events away from home which are usually covered by home insurance 

Your jewelry is stolen

Risk: You travel — but your wedding ring is stolen.

Coverage: With personal possessions coverage, lost jewelry is covered up to your policy limits.

 

You lose your passport

Risk: While on vacation, you lose the bag that has everyone’s passports.

Coverage: Your homeowners’ policy can help with the cost of replacing passports and other valuable papers.

 

Optional coverage that’s popular with homeowners

Homeowner’s policies generally cover valuable items like jewelry, artwork and collectibles — but usually at relatively low limits. If you have such valuables you can insure specific valuables at higher limits.

 

Other coverage:

Get brand new replacements

Risk: An electrical fire destroys the flat screen TV in your family room.

Coverage: With Contents Replacement Cost Coverage, you’ll be reimbursed for the cost of buying a new television of similar quality — not just what your old TV was worth.

 

Your identity is stolen

Risk: You discover you’ve become the victim of identity theft when a series of unfamiliar charges appears on your credit card statement.

Coverage: Identity coverage can help with losses and expenses if your identity is stolen — you’ll also receive help resolving the crime and replacing certain documents.

 

Maximize value with multiline discounts

You can get the most value from your insurance coverage with discounts when you buy multiple policy lines — be sure your homeowners insurance quote includes quotes for everything you insure:

 

• Auto

• Life

• Business

• Recreational

• Umbrella