Property Insurance or Dwelling Insurance typically pays to repair or rebuild your home if it’s damaged or destroyed by an insured event like a fire or storm.
Personal Liability Protection
Personal Liability Insurance applies if someone is injured or their property is damaged and you are to blame. When choosing your liability coverage limits, consider your annual earnings or wages and the assets you own. Your personal liability coverage should be high enough to protect your assets or prevent garnishment of future wages if you are sued.
Medical Payments insurance covers medical expenses for guests if they are injured on your property, and in certain cases covers people who are injured off of your property. It does not cover health care costs for you or other members of your household.
Additional Living Expenses
If you can’t live in your home because of a covered loss, your homeowners insurance policy will pay additional living expenses-commonly up to a period of time (usually 12-24 months), while damage is assessed and your home is repaired or rebuilt.
Protection for Your Personal Property or Belongings
Your home is filled with furniture, clothes, electronics and other items that mean a lot to you. Personal Property Insurance helps replace these items if they are lost, stolen or destroyed as a result of a covered loss.
Scheduled Personal Property
If you have special possessions such as jewelry, art, antiques or collectibles you may want to talk to your agent about this additional coverage. SPP provides broader coverage for specific items.
If You Rent Out Your Home
If you plan to rent your Scottsdale property, you will need a landlord insurance policy. Visit our Landlord Insurance page for more information.