Key Items Covered by Home Insurance

In the world of insurance, home insurance is one of the most important coverages you will ever invest in. This policy protects your most valuable asset when the unexpected strikes. But what exactly does home insurance from West Texas Insurance Agency cover? When you buy home insurance for your Amarillo, TX home, it covers the below key areas.

Covers the structure

Protecting the building is one of the most common reasons why most homeowners buy home insurance. Home insurance covers your dwelling’s foundation, walls, roofs, electrical and plumbing system, etc., from perils listed in your policy. However, remember that the land upon which the building sits isn’t covered by home insurance.

Protects the personal assets

Home insurance covers the dwelling and protects the contents inside the dwelling. Home insurance covers personal property, including electronics, furniture, clothing, appliances, and so on. However, home insurance provides limited protection for high-value items like fur and jewelry, but you can purchase riders or add-ons for optimal protection.

Provides liability protection

One of the most critical components of home insurance is liability coverage. When third parties accuse you of bodily injury and property damage, the ensuing costs can quickly stack up. Worse yet, if sued, the liability costs can be too costly for your pocket. However, liability claims aren’t much of a headache if you have home insurance.

Covers additional living expenses

Suppose a peril like fire or any other listed in policy makes your home unlivable. As a result, you may have to look for a temporary shelter as your home undergoes repairs. The temporal shelter may include a hotel, which results in incurring costs like accommodation, food, laundry — something you hadn’t planned for. Luckily, home insurance covers “loss of use” expenses until your home becomes livable again.

Buy home insurance today!

Ready to get started with home insurance? If you are in Amarillo, TX and its environs, please contact West Texas Insurance Agency for a competitive quote.