Whether you are planning to purchase a new home or looking to re-evaluate your current policy, homeowners coverage isn’t one-size-fits-all. It’s important to understand what the basic coverages are.

• Dwelling/structure coverage helps pay to repair or rebuild your home’s structure if it’s damaged by a covered peril (fire, wind, hail, etc.).
• Other structures cover detached structures on your property (such as a shed or fence).
• Personal property helps pay to repair or replace your belongings (furniture, electronics, clothing) if they’re damaged, stolen, or destroyed by a covered loss.
• Liability coverage helps if someone is injured on your property or if you’re legally responsible for damage to someone else’s property.
• Loss of use / Additional living expenses help cover temporary housing and living costs if your home is uninhabitable after a covered loss.
• Optional coverages and endorsements may include replacement cost for personal property, scheduled personal property (for high‑value items), sewer/back‑up, earthquake, or flood. (Note: flood insurance is typically a separate policy.)

Beyond choosing the right coverage, it’s important to consider other factors that impact how your policy protects your home and belongings.

• Deductible. Higher deductibles can lower your premium, but mean higher out-of-pocket costs if you have a claim.
• Coverage limits. Make sure your dwelling and personal property limits reflect the cost to rebuild and replace your belongings. Be sure to inventory your belongings periodically.
• Replacement cost vs. actual cash value. With replacement cost, policies pay to replace items at today’s cost without any deduction for depreciation. Actual cash value pays the depreciated value.
• Special or high-value items. Jewelry, art, and collectibles may need scheduled coverage to be fully protected.
• Location and risks. Local weather, flood zones, and crime rates can affect what coverages you need.
• Life changes. Renovations, adding high-value items, moving, or renting out your home are all reasons to review your policy.

While shopping for the right policy, here are some questions you should ask:

• What discounts might I be eligible for? (Examples include multi policy, home safety features, claims free, and security system discounts*.)
• Are my high-value items fully covered or do they need a scheduled endorsement?
• Does my coverage provide replacement cost or actual cash value?
• What perils are excluded from my policy (for example, flood or earthquake)?
• How would a claim affect my premiums and claims history?

Compare, customize, and buy coverage online. Personalized help is available.

Explore quality coverage today.

*Availability varies
¹Rising cost of homeowners insurance is scaring away millions of Americans. USA Today. www.usatoday.com/story/money/personalfinance/real-estate/2025/05/30/americans-go-without-home-insurance-costs-rising/83945277007, June 4, 2025.
²Study reveals widespread underinsurance among homeowners, exposing risk in the wake of devastating wildfires. University of Colorado Boulder. www.colorado.edu/today/2025/01/09/study-reveals-widespread-underinsurance-among-homeowners-exposing-risk-wake-devastating, January 9, 2025.