J Haverstock <p>Homeowners insurance value is in the offering of a economic safeguard against any misfortune that could risk the security of what is generally the most precious asset you own. You can insure the home and the contents with just a standard policy. The policy comes as a package meaning that coverage extends to damage of the property, the polcy holder or members of the policy holder’s family inflict onto others. The policy also includes damage created by the household pet.</p><p>However disaster coverage may be limited depending on the policy and specific disasters may not be covered. Maintenance related damage deemed as the fault of the homeowner will not be covered in the standard policy. Beware that exemptions may include earthquake and flood damage and coverage for these should be done by purchasing a separate insurance policy. Always read the policy thoroughly to find out what is included and what is exempt.</p> 2009-05-14T23:29:02Z 6 2009-06-03T04:48:04Z