What Does My Homeowners Insurance Cover? 
Your homeowners insurance covers the replacement cost of your residence against almost every bad thing that can happen . It covers your personal property contained in the residence with extensions to cover personal property that is away from the residence . It covers other buildings on the property . The most important coverage is legal liability coverage . The company you select should stand ready to handle a lawsuit against you for bodily injury or property damage . The higher the limit on this coverage the better . A lawsuit can ruin your day . There are limitations , exclusions and restrictions . Read the policy carefully . Make sure that the agent that you use gives the insurance company all of the correct information . 