Most homeowners purchase a standard homeowners' insurance policy and rarely take the time to read it after they receive it from their agent.
They may skim it to determine what kind of coverage exists if their contents are lost or stolen, or if their hot water heater leaks, but most don’t give it a thorough review.
The Insurance Information Institute says that homeowners' insurance provides coverage for the structure and contents (personal belongings), and additional living expenses if the home is unlivable because of a covered disaster like a fire, as well as liability protection against lawsuits, damage or injury family members or pets may cause to others.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
