Some Lesser Known Benefits of a Homeowners Insurance Policy

Homeowners insurance is an essential element of home ownership. A homeowner insurance policy ensures peace of mind for the home owner. Adequate coverage will preserve your asset by maintaining and sometimes increasing the resale value of your home. Homeowners insurance can protect your home and/or possessions from natural disasters/weather events, fire and many other causes such as theft, vandalism, etc.

There are some lesser known/talked about policy provisions in the homeowner insurance policy.Let's go through some here:

Reasonable Repairs: the homeowners insurance policy will pay you the reasonable amount that you spend to protect your insured property after a covered loss. For example, if a storm breaks a number of windows and you purchase plywood, sheets of plastic, etc., to covered the openings so to prevent further interior damage from the weather or to protect against possible unwanted entry and theft, you can be reimbursed for those expenses (always a good idea to keep the receipts).

Debris Removal: If your house is damaged due to a covered event, debris removal of covered property is part of the total coverage limit. In addition, if your property sustains so much damage that the policy limit is exceeded, the policy will provide additional funds over and above the policy limit.


Grave Markers: the policy provides up to $5,000.00 for damage to grave markers/mausoleums caused by such things as vandalism, hail, vehicle damage, etc.

Medical Payment: the Liability Section of the Homeowners insurance policy will pay for necessary medical costs of someone who is injured while legally on your property regardless of whose fault it may be.

A Homeowners Insurance policy from a trusted company provides complete peace of mind. It can act as a financial source in the event of any covered loss/damage.

You can rest assured that if your property sustains covered damage, your insurance company will protect you against potential financial devastation.

If you’d like, call InsuranceTrak Services for a better understanding about Homeowners Insurance in the Greater Rochester, NY area.