Types of Coverage for Colorado Home Insurance
Because of its abundance of dry, forested areas, Colorado is no stranger to wildfires — which can cause extensive damage to your home and personal property. Having the right homeowners coverage in place is key to recovering if you come face to face with a hazard like this. The good news, your homeowners insurance offer protection for wildfires and a number of other hazards, including:
- Falling objects
- Frozen interior plumbing
- Water damage from plumbing, heating or cooling system
- Weight of ice, snow or sleet
Finding the best coverage to protect your home starts with understanding your options. Here are some common coverages to get familiar with:
Coverage A: Dwelling
Pays to rebuild or repair your home.
Coverage B: Other Structures
Pays for damage to other, detached structures on your property such as garages, gazebos, sheds and fences.
Coverage C: Personal Property
Covers your personal belongings, including furniture, clothing and appliances, if they are stolen, damaged or destroyed.
Coverage D: Loss of Use
Pays for additional living expenses if your home is uninhabitable due to a covered loss.
Coverage E: Personal Liability
Protects you against financial loss if you are sued and found legally responsible for someone else’s injury or property damage.
Coverage F: Medical Expense
Covers medical payments to others, injured on or off your property, regardless of your legal responsibility.
Optional Coverages for Colorado
There are certain types of events not covered by your standard policy. If you live in Colorado, you’ll want to make sure you look into adding the following coverages, since your state is more prone to these types of hazards:
Colorado Home Insurance for Flooding
Your standard homeowners policy doesn’t cover damage to the structure of your home or your personal property if damaged by flooding. American Family offers flood insurance from the National Flood Insurance Program. This coverage will protect your home and its foundation, your personal belongings and everything else that makes your house a home. Whether you live in a flood zone or not, it’s a good idea to have this coverage.
View Flooding Insurance >
Colorado Home Insurance for Earthquakes
Even though the seismic hazard is low to moderate, people with homes in Colorado should consider adding earthquake coverage, since damage from earthquakes isn’t covered by your homeowners policy.
View Earthquake Coverage >