How to Read Your Home Policy

Whether you live in a house, condominium, or apartment, your home needs to be protected — and you need to understand how it is protected!

Here is your guide to understanding every kind of coverage listed on your home policy‘s declarations page (AKA your full policy document).

• Coverage A/Dwelling: This is probably the most important part of a homeowners policy! This covers the structure of your home and many parts that help create it, such as floors, windows, and doors.

• Coverage B/Other Structures: Covers stand-alone structures on your property, like fencing or sheds.

• Coverage C/Personal Property: Covers personal belongings that aren’t built into the structure of your home. This includes furniture, clothing, electronic devices, etc.

• Coverage D/Loss of Use: Covers temporary living expenses while your home is being repaired from a serious claim.

• Coverage E/Personal Liability: Pays for expenses related to an injury or property damage sustained by others for which you or covered residents of your household are liable.

• Coverage F/Medical Payments to Others: pays for expenses related to an injury that occurs on your property — whether you’ve been found liable or not

• Deductible: The amount you pay to repair damage in a claim before your insurance starts to pay

If you have a condo policy, then you have all of the above coverages except for Coverage B/Other Structures.

If you have a renters policy, then you only have Coverages C through F.

Still confused? Let us know. We’ll be happy to discuss your coverages.