Understanding What Homeowners Insurance Covers (and Doesn’t)

KNOW WHAT’S PROTECTED—AND WHAT’S NOT

WHAT DOES HOMEOWNERS INSURANCE ACTUALLY COVER?

Your home is one of your biggest investments. Learn what standard homeowners insurance covers, what’s excluded, and how to ensure you're fully protected.




 
 

Your home is likely one of the biggest investments you’ll ever make - so protecting it is essential.
Homeowners insurance helps safeguard your property and personal belongings from the unexpected. Whether it’s fire, burglary, or another covered loss, having the right coverage can prevent a devastating financial setback.

Why Understanding Coverage Matters

Not all policies are the same. Knowing what your homeowner's insurance covers—and what it doesn’t - can help you avoid costly surprises and ensure your financial future is protected.

Structure and Dwelling Coverage: What’s Included?

This part of your policy protects the physical structure of your home - like the roof, walls, and foundation - against specific risks known as covered perils. These may include fire, wind, hail, or vandalism, depending on your plan. Always check your policy to know which perils are included.

Personal Property Coverage: What Items Are Protected?

Homeowners insurance typically covers personal belongings inside your home, such as:

  • Furniture

  • Electronics

  • Kitchen and bathroom items

  • Clothing

Some high-value items like jewelry or collectibles may require additional coverage or policy riders.

Liability Protection: What Does It Cover?

If someone is injured on your property and you're found legally responsible, liability protection can help cover:

  • Medical bills

  • Legal fees

  • Damages awarded in a lawsuit

It’s peace of mind for the unexpected accidents that can happen at home.

Additional Living Expenses: When and How It Applies

If a covered event makes your home uninhabitable, this coverage helps pay for:

  • Temporary housing

  • Meals

  • Other living expenses while your home is being repaired

It ensures your life can continue with as little disruption as possible during repairs.

Common Exclusions and Limitations

Standard homeowners insurance does not cover everything. Common exclusions include:

  • Floods (separate flood insurance is required)

  • Earthquakes (typically needs a separate policy)

  • Routine wear and tear

  • Pest infestations

Talk to your agent about additional policies that can fill these gaps.

Tips for Reviewing Your Policy Regularly

Your home evolves - and so should your coverage.

  • Notify your agent when you make major updates: new roof, remodeling, additions, etc.

  • Set a yearly reminder to review your policy. Even small life changes may affect your coverage needs.

Talk to Your Local Insurance Experts

We’re here to help - whether you’re already insured with Profinium Insurance or not. The better you understand your policy, the better protected you are. Even a short conversation with one of our agents can bring clarity and peace of mind.








Tim M profile picture

Written By
Timothy Miller
VP Profinium Insurance
 
Published
October 1, 2025





   
 
Please note: Products offered by the Profinium Insurance Agency are not FDIC/NCUSIF insured, may lose value, are not financial institution guaranteed, not a deposit, and not insured by any federal government agency.