If you are like most of us, your home is the center of your world. It’s where you raise your family and invest in the future. Your home may be the biggest investment you’ll ever make, so be sure you have the right homeowners insurance package to protect yourself, your family and your property from financial disaster. If you are considering buying a home, your housing lender will probably require this coverage, at least for the amount of the mortgage or the replacement cost of the home. Homeowners insurance coverage varies from state to state. You might want to do some research, then call a Linares Insurance agent to discuss the options, including replacement cost protection.

Homeowners insurance policies are unique to the owner and the home, but standard policies usually provide for the following options:

A Linares Insurance agent can guide you in choosing the right deductible, and in getting insurance coverage if you need to pay to rebuild your home. Typically, you do not insure you home for the price you paid for it. The most you will receive, if you house is totally destroyed, is the face amount of the policy.

This covers damage to buildings or structures on your property, such as a separate garage, work shed, gazebo or perimeter fence.

Most of us make a considerable investment in our possessions. Between clothing, furnishings, housewares and decorative items, the investment adds up. Protect your personal property. A Linares Insurance agent can tell you about category limits and per item limits. These limits can affect the amount you can expect to be paid for covered lost or damaged personal property.

This very important insurance covers personal liability, meaning it protects you against claims arising from accidents to others on property that you own or rent. Though some accidents are not covered, generally speaking it is an all purpose liability policy that covers you anywhere.

This covers medical expenses incurred, within a limited specified amount per person and per accident, for injuries that happen in your home to a guest or visitor. It also covers medical expenses for any person injured by you, a family member, or a family pet, whether the accident happens in the home or elsewhere. Payment is made regardless of who is legally liable.

In general terms, your homeowners policy pays for sudden or accidental water damage that originates from an inside water source, like a sink, a showerhead or wall plumbing. Homeowners insurance doesn’t pay for the damage caused by water entering your house from outside the structure, or below ground. Water backup from sewers and drains is not covered. Water damage to roofs and water damage to property inside the home caused by a leaky roof require special consideration. Find out more about the Federal Government’s National Flood Insurance Program (NFIP) and other insurance choices for water damage issues.