Homeowners insurance covers damage to your home and belongings. It also provides liability coverage for accidents that occur on the property. The amount of coverage and policy details vary, but generally homeowners know more about what home insurance does cover than what it doesn’t.

Or so they think.

Many homeowners insurance policies go far beyond the broken windows and stolen property that homeowners expect coverage for and will reimburse policyholders for spoiled food, identity theft, meteorites and more.

What does home insurance cover?

Review the policy documentation provided by your insurance company to get a better understanding of what your homeowners insurance does cover. Your policy declaration page should outline your specific coverages, including the amount of coverage for the structure of your home, personal property and liability. It is important to regularly review your policy and make updates as necessary to ensure that you have the coverage you need.

If you have any questions about your policy, reach out to the VIU by HUB Advisory Team or your insurance carrier. They would be happy to walk you through your policy to help you better understand your coverages.

Adding more coverage to a homeowners insurance policy

After reviewing your policy, you may want to add coverage for certain perils. Our ultimate homeowners insurance guide outlines some of these additional coverages but you’ll need to speak to your insurance company about the coverage types they offer and the cost for each.