Insurance Services of Washington Blog
A homeowners insurance policy is there to act as a safety net to protect your finances from getting depleted in case there is an accident or weather disaster that happens on your property. Standard policies actually do not cover damage due to termites or floods. Nonetheless, it is important that you know the full range of benefits that your insurance covers.
Payment for Pet Bites
Homeowners insurance policy may actually offer protection from dog bites at no extra cost. In fact, such policies may actually cover as much as $26,000 for every case of animal bite. You won't know how important this is until you realize that it is a huge part of the total $100,000 coverage.
Payment for Fire Damage
Your homeowners insurance policy covers the cost of loss after fire ruins parts of your home. For example, grease fire may start in the kitchen and then spread to the rest of the house. Your insurance policy will cover all that plus any new mandates aside from those damages covered.
In fact, in cases where homes are required by law to put up water sprinklers to help put out house fires, your homeowners insurance policy may include even the cost of the sprinklers in addition to the damage caused by the fire.
Payment for Power Outage Damage
You should also know that your homeowners insurance policy may even cover the cost of the goods you need to restock your fridge in case there is a huge power outage. In fact, most insurance policies would reimburse up to $500 for the food that went bad because of a power outage.
Payment from Falling Debris Damage
If for any strange reason, a satellite crashed into your roof from the earth's thermosphere, then the homeowners insurance policy will issue a check for the damage to your home. In other cases where there is debris falling, to your house coming from a construction site from a tall building, you will get paid too.
Payment for Property Losses
You may be surprised but your homeowners insurance policy can cover loss of possessions of your children who are even away from home. In case they lose their dorm room even if they are far away. However, off-campus housing is often included as this will require a renters insurance policy.
Some Final Words
If you are aware of all the protection provided by your homeowners insurance policy, then you will certainly know the difference between panic and relief. Talk to your insurance agent in order to know the true extent of your insurance coverage. At Insurance Services of Washington Inc., we aim to provide comprehensive insurance policies that makes your life easier. You can get more information about our products and services by calling our agency at (425) 868-1123. Get your free quote today by CLICKING HERE.