Have you ever wanted to pull your hair out when you get your bill every year for your Homeowners insurance?
Every year it keeps going up and up- but if you take a closer look so does the coverage on your home. Insurance policies keep up with inflation, it would be terrible to have a claim and find out the limit on your house is what it was worth 10 years ago.
What Is Covered by Standard Homeowners Insurance?
The Insurance Information Institute provides a lot of articles to help people better understand how insurance works.
"Most standard homeowners insurance policies include four essential types of coverage:
- Coverage for the structure of your home
- Coverage for your personal belongings
- Liability protection
- Additional living expenses if you are temporarily unable to live in your home because of an insured disaster"
Continue reading at http://www.iii.org/article/what-covered-standard-homeowners-policy