Navigating home insurance can be difficult as there are multiple policies in the market. Unfortunately, some homeowners in Indiana may be confused about the types of home insurance available in the market, making a wrong choice. Breneman Perry Insurance explains the different types of home insurance you should know.
A basic form provides coverage of the structures of a home, including the garage and appliances from losses like theft, fire, lightning, vandalism, and explosions.
It provides coverage of one's home and personal belongings. Among the things covered in a broad form include damage from an accidental overflow of water or an electrical current.
This is one of the common types of home insurance covering your house and personal property against losses caused by fire, smoke, theft, vandalism, and lightning strikes.
The comprehensive form provides coverage for your home, personal property, additional living expenses, and medical bills of another person if they get injured in your home. Being an open-peril policy, it covers all items not excluded in your policy.
It helps cover mobile or manufactured homes like trailers, RVs, sectional homes, and modular homes from risks like theft, vandalism, and smoke.
A modified coverage protects older homes, and the compensation is paid in cash.
If you reside in Indiana and want to enjoy home insurance benefits, reach out to Breneman Perry Insurance for assistance in choosing the right home insurance for you.
