Homeowners insurance can protect you in case of loss or damage to your property. If you are looking to purchase homeowners insurance in St. Louis or St. Charles County, our comparison shopping can help you maximize savings.
What is protected under homeowners insurance depends on your policy. Different policies provide coverage for different types of loss or damage. Make sure you understand what your home insurance policy covers.
Homeowners Insurance Coverage
Your homeowners insurance policy should include dwelling coverage. This will protect you from the financial costs of rebuilding or repairing your home in the event it is damaged or destroyed. However, dwelling coverage only protects your home for covered losses such as tornado, lightning or fire damage.
St. Louis is known for its severe weather. You will want to purchase additional insurance for uncovered losses. Common losses that may require additional policy coverage includes hail, water or flood damage.
Personal Property Coverage
Personal property coverage provides coverage for your personal belongings. This includes, but is not limited to, your furniture, appliances, clothes and electronics. You should calculate the expenses of your belongings and make sure your personal property coverage will cover these in case of an emergency.
Personal property coverage has limits. You will want to discuss these limits with your insurance agent & ask what your options are for additional items that may not be covered under this policy.
You may want to consider additional liability coverage as part of your home insurance policy. While this does not cover your medical bills, it will protect you from expensive medical bills or lawsuits in the event that someone is hurt on your property.
Additional Living Expenses Coverage
If your home becomes unlivable following a St. Louis tornado, you will be grateful for additional living expenses (ALE) coverage. ALE coverage provides reimbursement to you when you are unable to live in your home due to an insured loss or claim, while your home is being repaired.
The Milburn Agency
Your home is your biggest investment – make sure you’re insured in case of a claim. Call The Milburn Agency to discuss any questions or concerns on your homeowners insurance policies.
Compare quotes today on St. Louis and St. Charles County homeowners insurance. Let our comparison shopping help you find the best value for your home.