In Wheat Ridge, CO, home insurance policies don’t have specific coverage for carport but it is usually covered under “other structure” coverage. This coverage is for detached structures like garage, fence, carport, shed, and others.
A lot of homeowners look for ways to remove it from their coverage since they don’t own any of these. Unfortunately, it is a complete package. You cannot exclude it. What you can do is to look for a home insurance company that does not include other structures in the basics of their home insurance policy. CO Insurance Specialist is one of the insurance companies that does not include other structure in their package.
However, it is still important to find out the basics of a home insurance policy as offered by most insurance companies in CO.
It covers the repair or rebuilds of your home
When your home is damaged by natural disasters like wildfire and hurricane, this policy will repair or rebuild it. However, there are exceptions. Damages caused by routine wear and tear, earthquake, or flood are usually not covered. However, you could pay for additional coverage for any of them.
It covers your furniture and fittings
It is not likely that your home will be damaged without affecting your furniture, fittings, clothes, and other belongings. This is why most home insurance policies cover the damage done on them but it is often to an extent. Most companies will pay you about 50 to 70 percent of the total amount of insurance for your belongings.
It covers your liability
If you or any member of your family hurts someone, a lawsuit may be filed against you. Your home insurance policy will pay your legal fees and the medical bills incurred by the injured party. You are also liable if someone gets injured in your property. Your home insurance covers that too.
It covers your additional living expenses
You have to put up in a hotel if your home is being repaired. In this situation, your home insurance policy will cover all the hotel bills albeit for a limited amount of time. It is a good idea to ensure that your insurance policy covers this as it usually pushes your insurance company to fix your home sooner to avoid paying more hotel bills.
If you don’t have any “other structure” and you don’t want it covered in your home insurance policy, contact CO Insurance Specialist.