What do most homeowners insurance policies cover?

A typical homeowners insurance policy provides a package of coverages designed to protect you financially. The main parts of this package generally include:

Property Coverage: This protects your physical assets against damage from specific covered events (like fire, windstorm, theft, etc., subject to policy exclusions). It usually covers:

• Your Dwelling: The structure of your house itself.
• Other Structures: Detached structures on your property (like garages or sheds).
• Personal Property: Your belongings inside the home (furniture, electronics, clothing, etc.).
• Additional Living Expenses (ALE): Costs incurred if you need to live elsewhere temporarily because your home is uninhabitable due to a covered loss.

Liability Coverage: This protects you if you are found legally responsible for accidentally injuring someone (who doesn't live in your home) or damaging their property. It can help cover legal defense costs and potential settlements or judgments, up to the limits stated in your policy.

It's important to remember that specific coverages, limits, deductibles, and exclusions can vary. For details about your specific policy, please review your documents or contact your AAA Insurance Agent.