Structure of the Home
The home structure is covered if damaged by fire, hail, or other disasters listed in your policy. Detached structures such as sheds and garages are also covered by standard homeowners insurance. Standard policies don’t cover earthquakes, floods, or normal wear and tear.
Items inside the home such as furniture, art, clothes are covered if stolen or destroyed in your property. Expensive items like art, jewelry, and collectibles are covered but only up to the standard limits.
If your car is broken into or stolen from your property, it will be covered by your homeowner’s policy. If you’re backing out of your garage and instead of putting it in reverse, you drive through your house. Insurance will cover the cost of repairing your home but won’t cover damage to the car itself.
If someone that does not live in the property ever sues you because they were hurt on your property, you are covered. Liability covers the cost of defending you in court, plus the cost of any awards. The standard liability insurance coverage is $100,000. If you want more liability protection, you should speak to your insurance company about your coverage limits and how to increase them.
Additional Living Expenses
If you cannot live at home due to damage, ALE will pay hotel costs and other living expenses incurred while the home is being repaired. You will be reimbursed for any missed rental payments if you rent out a portion of your home.