If you own your own home, it’s essential that you purchase homeowners insurance to protect the structure of your home and your personal belongings. It’s also wise to buy liability insurance in the event someone gets hurt while on your property. Below you’ll learn about the different types of Home Insurance in Mt. Juliet.
A home structure insurance policy covers damage to your home’s structure due to weather related causes, theft, fire and even frozen pipes that have busted. If you have a separate garage or shed, these buildings will also be covered under your home insurance policy.
If you want to insure your home and belongings from a potential flood, you’ll have to purchase a separate flood insurance policy. Damage to your home from flood waters is not included in a regular homeowners insurance policy, so if you think that rising waters could damage your home, paying an additional fee for a food insurance policy would be worth the cost.
Personal Property Insurance
This type of insurance covers your personal belongings in your house if they are damaged, destroyed by a fire or stolen. This includes your clothing, jewelry, electronics, furniture, appliances and personal items.
Guest Medical Insurance
If someone is at your home and gets hurt while on your property, guest medical insurance will pay for the injured person’s medical bills so you don’t have to. Coverage includes the cost for medical treatment, surgery, ambulance service, x-rays, hospital and dental bills.
This type of insurance protects you or a member of your family that lives in the household against a lawsuit. If you or a family member is being sued over damages to someone else’s property or injuries to their person, this insurance will cover your legal fees and costs to go to court. Even if the incident didn’t happen on your property, you’re still covered by the insurance.
If you don’t own your own home, it’s smart to purchase renter’s insurance. Even though you’re not responsible for the structure you live in, your personal belongings can be insured against damage or theft.
Discuss your home insurance needs with your local insurance agent to ensure that you have the right amount of coverage that you need to protect you and your home.