What is Homeowners Insurance?

Homeowner’s insurance, also known as HO policies (link to explanation of different type of HO policies) protects a variety of interests of the homeowner. This can include losses occurring to one's home, its contents, loss of use, or loss of other personal possessions of the homeowner, as well as liability insurance for accidents that may happen at the home or at the hands of the homeowner within the policy territory.

Typical Home Insurance Coverages

Section I - Property Coverages


Covers the value of the dwelling itself (not including the land) up to the policy limits.

HO-4 (renter's insurance) typically has no Coverage A.

Covers other structure around the property that are not used for business, except as a

private garage.

Covers personal property, with special limits for certain property and losses.

Covers expenses associated with additional living expenses (i.e. rental expenses) in the

event of a covered loss.

Covers a variety of expenses associated with owning a home up to the limits stated on

the policy. Some examples would be :

  • debris removal
  • fire department changes
  • credit card / identity theft charges
  • collapse

These vary depending upon the form.

In an open perils policy, specific exclusions will be stated in this section. These generally include earth movement, water damage, power failure, neglect, war, nuclear hazard, septic tank back-up expenses, intentional loss, and concurrent causation.  Some exclusions can be purchased back with endorsements. 

An endorsement is a written modification that either adds or deletes a coverage to customize the policy to suit the homeowner’s needs. There are many endorsements for the standard homeowner’s policy, including for identity theft or back-up of sewer lines.  We encourage you to review the exclusions of your policy and ask any questions.

Section II - Liability Coverages


Coverage E - Personal Liability

Covers damages arising out of negligence which the insured is legally liable for and

provides a legal defense at the insurer's own expense.

To ask us any questions about home policies.