A standard homeowners insurance policy provides financial protection for the structure of your home and the possessions within it in the event of a disaster.
The package-style policy covers both damage to your property and your liability (or legal responsibility) for any third party injuries and property damage that occur on your property or as a direct result of your actions, including damage caused by pets.
Though many disasters are covered by your homeowners insurance, floods and earthquakes are excluded and will require additional policies.
Your home insurance policy is made up of the specific options chosen. How much you will pay for your home policy depends on:
Homeowners insurance provides financial protection in the event that something unexpected happens to your home or belongings. Your home is likely one of your largest investments, making it important to protect for these reasons:
Examples of what home insurance would cover include:
Repairs to your home and belongings: Home insurance would pay for the damage to your roof and electronics if a storm caused a tree to fall on your house and rain caused further water damage to the interior.
Pays for someone else’s injuries or property damage when it is your fault: Home insurance could pay if your child accidentally breaks your neighbor’s window.
Pays for temporary living expenses when your home is damaged: Home insurance would pay for additional living expenses, i.e. a hotel stay during repairs to your home because it sustained fire damage.
Remember, homeowners insurance is designed to cover unexpected damage; all routine maintenance is your responsibility. Our agents are happy to discuss homeowners insurance with you in more detail and help you find a policy that meets your needs.
Before buying homeowners insurance, be prepared to discuss the following with your independent insurance agent:
Bear River Mutual is a Utah-based company that only insures homes in Utah. This makes it so their insurance rates aren’t built based around claims for homes that are in hurricane zones or tornado-prone areas. This is part of what keeps them from having to charge so much for home insurance.
Making an inventory of your house and personal belongings can expedite a home insurance claim. If possible, make a list as well as take photos or even video. Keep this list somewhere other than inside our home.
We offer a wide range of insurance services from leading providers including: Safeco Insurance, Bear River Mutual, Progressive, and several others. Contact us today for free homeowners insurance quote, or fill out one of online forms.