When it comes to protecting your home, homeowners insurance is one of the most important financial tools you can have—but many homeowners don’t fully understand what’s actually covered. Whether you’re a first-time buyer or a long-time homeowner, it’s worth taking a closer look at what your policy includes—and what it might not.
What Is Homeowners Insurance?
Homeowners insurance is a package policy, meaning it bundles several types of coverage into one. It typically protects your home, your belongings, and you (as the policyholder) against certain types of liability. If you have a mortgage, your lender likely requires it—but even if you own your home outright, it’s a smart way to safeguard your investment.
What’s Usually Covered in a Standard Policy?
1. Dwelling Coverage
This protects the structure of your home—think walls, roof, and built-in appliances—if they’re damaged by covered perils such as:
Fire or smoke
Windstorms or hail
Lightning
Theft or vandalism
Damage from a vehicle or aircraft
Weight of snow or ice
✅ Example: If a tree falls on your roof during a storm, dwelling coverage pays for the repairs.
2. Other Structures
This covers detached structures on your property, like:
Garages
Sheds
Fences
Typically, this is a percentage of your dwelling coverage (e.g., 10%).
3. Personal Property
Covers belongings like furniture, clothing, electronics, and more.
✅ Tip: High-value items like jewelry or collectibles may need additional coverage through an endorsement.
4. Loss of Use (Additional Living Expenses)
If your home is damaged and uninhabitable, your policy can cover temporary housing, meals, and other expenses.
5. Personal Liability
Protects you if someone is injured on your property or if you accidentally cause damage to someone else’s property.
✅ Example: Your dog bites a guest, or a tree from your yard falls on your neighbor’s car.
6. Medical Payments to Others
Covers minor medical bills for guests injured on your property, regardless of fault—usually in small amounts (like $1,000–$5,000).
What’s NOT Typically Covered?
There are some important exclusions, including:
Flood damage (separate policy required)
Earthquake damage (optional endorsement or policy)
Sewer backup (may need optional coverage)
Normal wear and tear
Negligence or intentional damage
⚠️ Always review your policy carefully and ask your agent about optional coverages that might be right for your home and location.
Why This Matters
Homeowners insurance isn’t one-size-fits-all. The better you understand your policy, the more confident you’ll feel about your coverage—and the easier it will be to fill in any gaps.
If you’re unsure about what your current policy covers or think it might be time for a review, we’re here to help.
Need help reviewing your coverage or getting a free quote?
Contact us today or stop by our office in Glenpool, Oklahoma—we’d love to help you protect what matters most.