Your home is one of your most valuable possessions so when purchasing an insurance policy, you don’t want to simply base your decision on which company has the cheapest rates. Rather, consider what your CT homeowners insurance should cover in order for you to rest assured that, should disaster ever strike, you and your family will be taken care of.
Replacement and Liability Coverage
Extending your policy to cover additional costs will help protect you and your family. The types of extended coverage available include personal property coverage, replacement costs and personal liability coverage. Personal property coverage will reimburse you for the loss of personal items, such as furniture, appliances, clothes and electronics. Adding replacement costs to your CT homeowners insurance will help cover the cost of rebuilding or repairing your home. Personal liability protects your assets in case you or any family members are found to be legally responsible for injury or damage to others or their property.
Don’t Forget Additional Structures
Additional building or structures on your property that are not part of the main housing structure may require special coverage. These buildings include the following:
- Stand-alone garages
It may not be fun to think about, but it’s smart to prepare for the worst and make sure you, your home and your family are protected with CT homeowners insurance. Premiums are an important factor, but understanding exactly what is covered will help give you peace of mind.