Types of Coverage Offered By Home Insurance Policy

The purpose of a comprehensive home insurance policy is the one that keeps the home protected against calamities in more ways than one. The policy can keep you covered for repair damage and home renovation resulting from the covered damage. 


While, a comprehensive home insurance covers any losses due to fire, floods, earthquake and other natural or man-made calamities, Loss of valuable contents of home in case of a burglary, cover for jewellery, valuables, works of art, additional benefit of rent for alternate accommodation or temporary resettlement, and add-on benefits like keys and lock replacement, liability cover, loss of rent etc.
    • When the home goes through a damage such as fire the policy assists you to rebuild or repair the house. It takes into consideration the structures such as a deck or garage attached to your home which will be considered for repair.

    • Not just repair, the cover will also be available for damages to your personal property which can be theft of personal possessions such as jewellery, furniture and other valuable items. The covered items can be replaced up to the define limit as per the policy.

    • The policy takes into account the living expenses. The costs incurred up to the limit of your policy which is due to loss of purpose of the home will also be included. In case, when you have to live in a temporary home the policy assists in handling the charges or living expenses for the temporary relocation.

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