817-485-5050 info@schwabagency.com

Why There’s More to Standard Homeowners Insurance Than You Might Think

You might be surprised to learn that your standard homeowners insurance policy includes all these coverages.

While many homeowners assume that their standard home policy only offers them minimal coverages, this is far from the truth. In fact, even the most standard homeowners insurance policies offer surprisingly comprehensive coverage. Here are some of the coverages that your policy offers you.

  • Personal Property

The same coverage that helps you address physical damages to your home’s structure also applies to your personal belongings. This means that your homeowners insurance will offer compensation for the items that are stolen or damaged during a break-in, act of vandalism, fire, extreme weather event, and so on.

  • Personal Liability

Your homeowners insurance will also offer coverage for the personal liability issues that the members of your household may run into. For instance, if a third-party is injured on your property, your personal liability coverage will pay for their medical fees and, if necessary, your legal defense. Additionally, this liability coverage travels with you and your family members, ensuring that they are covered even for liability issues that arise away from your home.

  • Loss of Use

This coverage helps you in the event that your home is damaged and temporarily uninhabitable. This coverage enables you to pay for the expenses associated with living away from your home while it is undergoing repairs. For instance, loss of use coverage will take care of things such as hotel stays and restaurant bills.

These are some of the surprisingly comprehensive coverages included in your standard homeowners insurance policy. Want to learn more about your home coverage options? If so, contact the team at The Schwab Agency in Colleyville, Texas. We are ready to assist you with all your insurance needs today.


The Schwab Agency

The Schwab Agency, LLC has over 20 years of experience within the insurance industry in our community and our goal is to bring you unparalleled service and dedication. Since the majority of our business is through long-lasting relationships with our clients, fulfilling your needs is of the highest priority.

COVID-19 Update:

Due to new increasing cases of Covid-19 our office will be closed to the general public until further notice. Our team will still be working full-time in the office and here to assist with all your insurance needs. Please contact us via phone at (817) 485-5050 or email: info@schwabagency.com.

We hope everyone is doing their part to protect themselves and their loved ones during these hard times, and thank everyone for understanding our decision to do our part to help protect our staff and those in our community.

Tim Schwab.
President and Managing Partner