Homeowners Insurance is to protect from things that can damage your home and personal belongings. Not only does homeowners insurance protect during an inclement weather event, but the policy can provide coverage for injuries that occur on your property and lawsuits against you. Whether you own or rent, there are different packages of home insurance offered to protect your home and belongings. Policy packages can protect against specified perils such as fire, windstorm, hail and theft.
In addition to coverage for named perils, a package policy can contain coverage for property damage, additional living expenses, personal liability and medical payments. Homeowners policies apply to most owner-occupied single family dwellings and is modified slightly for apartments and condominiums.
Sometimes an insurance company's underwriting guidelines and policies may exclude certain coverages from the primary homeowners policy- such as windstorm or hail and often flood. When shopping around for policies, inquire about companies’ level of coverage and whether or not they offer windstorm and hail protection, or if a separate windstorm and hail or flood policy is right for you. Always talk to your agent and insurance company about your specific policy to make sure you are covered.
If you have questions, the Consumer Services Division of the Department of Insurance is here to help.
North Carolina Department of Insurance
325 N. Salisbury Street
Raleigh, NC 27603