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Home Insurance

What is Homeowners Insurance?

Homeowners Insurance is a contract between you and your Insurance Company. It can provide coverage for your home and your belongings as well as legal responsibilities you may incur as a result of injury or property damage you or members of your family may cause to others. In exchange for your premium payment, your Insurance Company agrees to pay losses as defined in your policy.

What coverages are available in a Homeowners Insurance policy?

Dwelling Coverage

If damaged by a covered cause of loss, Dwelling Coverage pays to repair or rebuild your home.

Other Structures Coverage

Detached structures like garages, fences, and sheds on your property can be covered if damaged by a covered cause of loss.

Personal Property Coverage

Your personal items such as furniture, clothing, and electronics can be covered if damaged by a covered cause of loss.

Loss of Use Coverage

If a covered cause of loss means that your home can’t be lived in, this coverage provides additional housing and living expenses while repairs are being made.

Liability Coverage

If you or a household family member is responsible for causing injury or damage to other people or their property, coverage can be available to pay for the injury or damage. This can include guests who are injured on your property. Additionally, coverage can be provided for legal defense for injury or damage to others.

Additional Coverages

Replacement Cost Coverage for Home, Other Structures and Personal Property

  • Some Homeowners policies provide coverage to Repair or Replace your damaged buildings or belongings with new items of like kind and quality.
    • Most Homeowners policies provide some limited coverage for valuable items like jewelry, watercraft, firearms, and silverware.
    • Limited Coverage for a Home based business may be available.

The content available via is for informational purposes only and may not be used for any other purpose. Content provided or expressed on, including that of third parties, may not reflect Grange Insurance Association’s (GIA) policies or conform to any agreement you may have with GIA and its subsidiary companies. Please contact a licensed insurance agent to obtain particular advice.

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