Welcome to your complete guide on home insurance, designed to help you protect your most valuable asset—your home. Whether you're a new homeowner or reviewing your current policy, this guide will walk you through the essentials so you can make confident, informed decisions.
What Is Home Insurance?
Home insurance, or homeowner’s insurance, provides financial protection against damage to your home and personal belongings. It also includes liability coverage in case someone is injured on your property or you accidentally cause damage to someone else’s.
Key Terms to Know
Auto insurance is made up of different components:
- Coverage – The specific protections your policy offers
- Limits – The maximum amount your insurer will pay per claim
- Premium – The amount you pay for coverage, typically monthly or annually
- Deductible – What you pay out-of-pocket before insurance kicks in
Core Types of Coverage
- Dwelling Coverage
Protects the structure of your home against risks like fire, hail, wind, or vandalism. - Personal Property Coverage
Covers damage or loss of personal items like furniture, electronics, and clothing. - Liability Protection
Pays legal and medical costs if someone is injured on your property or you cause accidental damage. - Additional Living Expenses (ALE)
Helps cover temporary housing and living costs if your home becomes uninhabitable due to a covered event.
Optional Add-On Coverages
- Flood Insurance – Covers flood-related damage (not included in standard policies)
- Earthquake Insurance – Provides protection against earthquake damage
- Scheduled Personal Property – Extra coverage for high-value items like jewelry, collectibles, or fine art
How to Tailor Your Policy
When choosing a policy, consider:
- The replacement cost of your home and belongings
- Local risks (flood zones, hurricane areas, earthquake-prone regions)
- Your financial ability to handle deductibles
- Whether you want additional protection for luxury items or outbuildings
Conclusion
Choosing the right home insurance coverage means balancing protection, affordability, and peace of mind. At Borbolla Insurance Agencies, we’re here to guide you through every step—from evaluating risks to customizing your perfect policy.
Have questions or ready to get started? Contact us today and let’s protect your home the right way.
