Hayek Insurance Blog
Home insurance (or homeowners insurance) is a type of property insurance covering losses and damages to a residence. Generally, policies cover interior and exterior damages, alongside theft or loss of possessions. It does not require ownership and can be granted by landlords to maintain the renter’s insurance coverage.
Not only will it keep homes safe, but it will also help owners get a loan relatively fast. Below are some of the things people need to keep in mind about home insurance.
Standard Provisions of Home Insurance Policies
Home insurance policies are heavily customizable. However, standard provisions are provided to give a basic idea of what the insurer will cover.
Types of Home Insurance Coverage
There are three types of home insurance coverage, depending on their levels of protection. Of course, more expensive policies give better coverage compared to less expensive ones.
What’s Not Covered
Although there are occurrences that home insurance covers, it is essential to know what it cannot. Typically, losses of possessions are covered by home insurance policies. However, occurrences like “acts of God” and “acts of war” are excluded.
Home insurance policies exist to safeguard homes from damages and keep families safe. Whether or not someone owns a house, protection is essential. Being aware of available home insurance policies can help cut down costs in the long run.
At Hayek Insurance, we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the insurance that fits your needs. You can get more information about our products and services by calling our agency at (805) 496-8835. Get your free quote today by CLICKING HERE.