Homeowner’s insurance provides various types of coverage. Knowing these can help you understand exactly what’s protected. Most homeowner’s policies in New York include the following types of standard coverage:
Dwelling (home structure)
This type of insurance is what can help protect the physical structure of your home, like the walls and the roof.
This type of insurance can help protect the physical structure of buildings on your property that are separate from your home, such as a shed or a stand-alone garage.
Personal property coverage can help protect the belongings inside your home, which can include belongings like furniture, bicycles, stereos and more. If these belongings are stolen or damaged outside of your home, personal property coverage could also help you replace them.
Loss of Use
This coverage provides you with additional money you may need should your home become uninhabitable due to a covered loss. Examples would be money to rent an apartment or motel, additional costs associated with boarding pets, increase in costs for food.
Liability insurance can help protect you if someone makes a claim against you or sues you for damages after being injured on your property.
Guest medical protection
This type of coverage can help cover the cost of medical expenses for a person who’s injured on your property.
Replacement cost coverage on contents; Scheduled coverage on jewelry, furs, antiques, silverware, guns, boats, musical instruments, etc.; Identity theft; Water backup; Business property