3. Living Expenses Coverage
If your encounter renders your home unlivable, this coverage helps cover the costs of hotel bills, meals, and other expenses. Of course, this policy has limits attached to it so be sure to ask your insurance provider beforehand exactly what it is they will cover.
4. Personal Liability Coverage
Personal Liability Insurance covers:
- Bodily injury to an individual
- Property damage
This type of coverage is included in all home insurance policies and
can protect your assets by covering claims and damages resulting from an accident. Personal liability coverage also includes medical bills, legal fees and other protections. However, this is only valid up to your coverage limits.
5. Medical Payments
This covers injuries sustained by a visitor while on your property. That’s why it’s important to take pictures and write down as much information at the scene of the incident as possible. It typically covers smaller claims, with most limits attached to homeowners insurance policies ranging between $1,000-5,000.
6. Other Structures
This coverage protects additional structures that are separate from your home, but are located on your property. These include barns, sheds, detached garages, fences, and guesthouses.