What Does Homeowners Insurance Cover?
A standard homeowners insurance policy can provide coverage to repair or replace your home and its contents in the event of damage. Damage to your home can result from fire, smoke, theft or vandalism, or a weather event such as lightning, wind, or hail. Other covered damage could come from other things like a falling tree.
That coverage includes appliances, furniture, clothing, and other possessions. Coverage for outbuildings on your property, such as a garage, barn, or shed, along with outdoor grills or fireplaces, swing sets, walls, or fences is also included. A swimming pool or other recreational equipment may also be covered, but those higher-risk items may require additional liability coverage or may be excluded from your policy.
You can also be covered for living expenses if you need to find alternate lodging while your home is rebuilt. Liability coverage, or reimbursement for medical expenses and legal fees if people that are not living in your home are injured on your property, can be included as well.