Personal Liability Insurance: What Happens When Someone Gets Hurt on Your Property

Is your home really protected from all risks?  Many homeowners believe standard insurance covers everything—until disaster strikes.

At  Vargas & Vargas Insurance , we’ve helped thousands of homeowners avoid  costly gaps in coverage . From unexpected  water damage  to  building code updates , the right add-ons can save you from financial stress.

In this guide, we’ll explore  six must-have home insurance coverages , how they protect you, and how to ensure you’re fully covered.

Extended & Guaranteed Replacement Cost Insurance: Protecting Your Home from Rising Costs
Imagine this: A big storm damages many homes in your area. Suddenly, building materials become really expensive because everyone needs them at once. Extended replacement cost coverage helps pay these extra costs, even if they’re more than your regular insurance limit.

There are two types:

• Extended replacement cost: Gives you 25%, 50%, or 100% extra coverage
• Guaranteed replacement cost: Covers all extra costs, no matter how high

Think of it like having an emergency fund for your home. We usually suggest getting 100% extended coverage to make sure you’re fully protected.

Personal Injury Protection for Homeowners: Coverage You Might Be Missing
Did you know you could be sued for something you post on social media? Personal injury coverage protects you if someone sues you for:

• Saying or writing something that hurts their reputation
• Wrongly making someone leave your property
• Entering someone’s property without permission

The good news? This important protection usually costs only about $10 per year!

Water Backup Insurance: Protect Your Home from Costly Damage
Water problems can be sneaky and expensive. This coverage helps if:

• Your sewer backs up
• Drains overflow
• Your sump pump stops working

This isn’t the same as flood insurance, but it’s just as important. Water backup problems happen more often than you might think, and fixing them can be really expensive.

Service Line Coverage: Underground Protection
Think about all the important lines running under your yard:

• Water pipes
• Power lines
• Internet cables
• Gas lines

If these break, fixing them means digging up your yard – which can cost $5,000-$10,000! Service line coverage helps pay for:

• Finding the problem
• Digging up the lines
• Fixing or replacing broken lines
• Fixing your yard afterward

For about $50 a year, you can get $10,000-$20,000 of protection. That’s a great deal for peace of mind!

This coverage helps fix or replace these things if they break down after their warranty expires. Think of it as an extended warranty for everything important in your home!

Ordinance or Law Coverage: Keeping Up with Building Codes
Building codes change all the time to make homes safer. If you need to repair your home after damage, you might have to:

• Update electrical wiring
• Install better plumbing
• Make things handicap accessible
• Meet new safety standards

This coverage helps pay for these required updates, which regular insurance might not cover.

For more detailed information about home insurance protections, visit the Insurance Information Institute’s homeowners guide, click here or check out the Consumer Financial Protection Bureau’s resources, click here.

At  Vargas & Vargas Insurance , we make insurance  simple and affordable . Call  617-298-0655  or visit  www.vargasinsurance.com  to speak with our experts today.

• Explain these coverages in simple terms
• Help you choose what’s right for your home
• Find ways to save you money
• Be there when you need to make a claim

Making Smart Choices When deciding on coverage:

1. Think about your home’s unique features
2. Consider your budget
3. Plan for the unexpected
4. Ask about bundling discounts
5. Review your policy yearly
6. Which coverages you need
7. How much protection is right for you
8. Ways to save money
9. What your policy covers

Choosing the right home insurance coverages ensures you’re financially protected from unexpected risks .

Contact Vargas & Vargas Insurance today, and let’s make sure your home is fully protected with the right coverage at the right price.