Michigan owners who buy homeowners insurance will enjoy coverage for specific perils like hail damage, theft, fire, and vandalism of the property and certain contents. However, there are a few surprising things these policies cover that our Gilead Insurance Agency explains here.
Unexpected Things Covered By Home Insurance
Coverage for Injuries Caused by Animals
Most standard home insurance policies have a certain level of personal liability coverage, which helps cover medical and legal expenses should your pet injure another party. This only covers non-occupants of the home, such as a neighbor, guest, or mail carrier.
Living Expenses After Covered Losses
Anything can happen at any time that may put you out of your home until repairs are completed. Should there be significant damage due to a covered claim that requires you to find temporary accommodations, standard loss of use coverage in your policy may cover all or part of those living expenses. This may include lodging, laundry fees, and pet boarding to name a few.
Damage to Outbuildings & Outdoor Furniture
There is typically a section called “other structures coverage” in a standard home insurance policy. This covers structures that are on the property but aren’t attached to the main home. Some examples include detached guest homes and garages, fences, sheds, and mailboxes. Coverage also may include reimbursement for outdoor furnishings and other installations on decks, patios, and docks you own.
Lawsuits
If you have children who have guests over or if you entertain frequently, there is a possibility of lawsuits should an accident occur on your property to a non-resident. Key contributors to such incidents include having high-risk installations like a sauna, hot tub, or trampoline. Your policy’s liability coverage can step in should you be found liable and can cover legal expenses and any payments to others ordered by a judgment.
Need More Info?
Whether you need homeowners insurance or just want us to review your coverage, contact Gilead Insurance Agency in Michigan. If your policy is with another provider, our agents might be able to find you a better deal.
