Home Insurance For Your Texas Home Homeowners insurance coverage can provide financial protection against loss due to disasters, theft and accidents and other covered losses Coverage For The Structure Your homeowner insurance policy pays to repair, replace or rebuild your home if is damaged or destroyed by a covered loss. The most common types of losses are, theft, fire, wind, hail and lightning damage. We recommend that your policy have replacement cost coverage to allow you to restore your property. Most home insurance policies do not cover flood or earthquake; these need to be added under a separate policy. Coverage For Personal Property Personal property can include; furniture, clothe, electronics, art, sports equipment, and tools. The best way to determine the full replacement cost of your personal property is to complete a home inventory. Some personal property is subject to limitations, such as guns, jewelry, and art. Your homeowner’s insurance will provide some basic coverage and can be adjusted to insure your total value. Your homeowner’s insurance does cover with limitations trees, and other landscape items. Liability Coverage Your liability coverage part insures you against bodily injury or property damage to other third parties that you are legally liable for. The liability coverage of your policy pays for both the cost of defending you in court and any court awards up to the policy limits. We generally recommend at least $1,000,000 of liability insurance protection. Your policy can also include no-fault medical payment coverage. Liability covers any guests that are injured on your poverty without regard to fault. Additional Living Expenses Additional living expenses provides financial resources for you to live at a temporary location while your home is being repaired. Coverage can include the cost of meals, hotel bills, and other related costs. Choosing the right coverage for your home may depend on a number of factors. You generally need enough insurance to cover the cost of rebuilding your home and replacing your personal possessions. The homeowner’s policy also provides liability insurance to defend you in the event of a lawsuit. At J.S. Edwards & Sherlock, we can help you find a plan that suits your specific needs.