If you want that you should get protection for any damage that happens to your home, getting home insurance is a sensible idea.Home Insurance provides protection for your most precious possession – your home. It protects your home from any damages due to any disaster. Expensive jewelry, furs, silverware may also be covered against loss.

Personal Possessions: Home furniture, clothes, sports equipments and other personal items, passenger elevator if stolen or destroyed by fire, hurricane or any other listed disaster, will be covered. You must have decorated your home with many of your loved paintings and artifacts.

Insurance companies usually provide 5% coverage for trees, plants and shrubs on the total value of the house. In this context you will get coverage for theft, vandalism, explosion or a falling aircraft. But for theft there may be a dollar limit. However, some companies do have restrictions on protection off-premises and may provide coverage only up to 10% of the total value.
. It also usually covers structures like garage, gazebo or a tool shed. Personal belongings are usually covered for 50%-60% of china elevator the total value. You will usually find 100% protection if these perils cause you to repair or rebuild your house. Landlords who have partially let their house may also find coverage for the rent they were otherwise supposed to receive from the tenants. If any damage occurs to them, you would really be disappointed but wouldn’t you love to be reimbursed for the damage? Home insurance will provide protection for any listed damage. So create a home inventory as soon as possible.

An added advantage of this policy is that it provides coverage for loss or damage of personal property anywhere in the world. Damage by wind or a disease is not covered. You will be covered no matter wherever in the world you are. A standard home owners policy covers the following:

Structure of your home: This part of the policy protects your home from damages caused by fire, hail, lightning or any other listed disaster. Such a policy provides coverage if your home is damaged due to fire, storm or any other listed disaster and has caused you to temporarily stay away from home.

Liability: Liability insurance protects for any damage caused to your neighbors or any third party by you, your family members or any of your pets. A floater or purchasing special personal property endorsement may help you get full value for such items. You may usually find 20% coverage of the total value of the insurance on your house which may be increased with an added premium. In addition, it also provides the cost of defending you in court. So, if you want to protect your home get home insurance.

Additional living expenditure: This pays for expenses like hotel bills, restaurant bills and other related cost of living