It is true that most individuals don’t truly read or understand their insurance policy. The average person just knows that insurance is required when owning a car or a home, but beyond that most don’t look into their policies much. When purchasing homeowner’s insurance it is rare that one knows what is covered and what isn’t until it’s time to put in a claim and at that time it is too late! In this post, Long Island Insurance Executive, Gregg S. Marcus explains what is usually covered and what you need to know about a basic homeowner’s insurance policy.
In most cases, a homeowner’s insurance will cover against the following things:
- Damage to the home from wind, hail, lighting and any other storm related damage.
- Theft from the premise.
