Homeownership is a major milestone that comes with the exciting challenge of safeguarding your investment.

With the right homeowners’ insurance, you can protect yourself and your property from unexpected events. Rockingham Insurance offers comprehensive coverage that ensures everything important to you, from your physical home to the possessions and people inside it, remains secure.  Let’s dive into what homeowners’ insurance covers and how it offers essential protection in various scenarios.

What Does Homeowners’ Insurance Cover?

Homeowners’ insurance provides a range of protections to ensure that what matters most to you is safeguarded in the event of theft, water damage, personal injury, and other types of losses. Here’s a breakdown of what typical policies may include:

• Dwelling Coverage: This is the part of your homeowners’ insurance that protects the structure of your home itself—from the walls and roof to the built-in appliances and carpeting. If a fire chars your walls or a storm damages your roof, dwelling coverage helps pay for these repairs.
• Contents Coverage: Think of everything inside your house—your furniture, electronics, clothing, and other personal items. Contents coverage ensures that if your belongings are stolen or destroyed in a covered disaster, you’re compensated so you can replace them.
• Personal Liability Coverage: If someone is injured on your property, or if you or a family member accidentally damages someone else’s property, this coverage helps pay for any resulting legal expenses or damages.
• Medical Payments Coverage: This coverage assists with medical expenses if someone gets injured on your property, regardless of who’s at fault.
• Ordinance or Law Insurance: If your home is damaged and needs repairs, this coverage helps pay for the costs to rebuild it to current building codes, which can be crucial if building regulations have changed since your home was originally constructed.
• Other Structures Coverage: For structures on your property that aren’t attached to your home, like a detached garage, fence, or shed, this coverage helps pay for damages.
• Loss of Use Coverage: If a covered disaster makes your home uninhabitable, this coverage pays for your living expenses (like hotel bills) while your home is being repaired or rebuilt.
• Credit Card Coverage: This aspect protects you against unauthorized transactions on your credit cards and bank accounts, which can be particularly useful in today’s digital age.

The Importance of Reviewing Your Coverage Regularly

Life changes such as purchasing a new car, remodeling your home, or experiencing significant life events like marriage or having a child can all impact your insurance needs. Regularly reviewing and updating your coverage ensures that it evolves with your life, providing peace of mind that you are always adequately protected.

For more detailed information on homeowners’ insurance and to ensure your coverage meets your current needs, reach out to your trusted Rockingham Insurance agent. They’re here to guide you through the process of selecting the right coverage to protect your home and everything in it.