{"id":405,"date":"2024-04-15T04:00:00","date_gmt":"2024-04-15T10:00:00","guid":{"rendered":"https:\/\/www.swinsurance.com\/blog\/?p=405"},"modified":"2024-04-15T15:19:08","modified_gmt":"2024-04-15T21:19:08","slug":"what-level-of-perils-coverage-do-you-need","status":"publish","type":"post","link":"https:\/\/www.swinsurance.com\/blog\/what-level-of-perils-coverage-do-you-need\/","title":{"rendered":"What level of perils coverage do you need?"},"content":{"rendered":"

How much protection your home insurance provides depends on which coverage level you buy from Southwest Insurance Center. Home insurance comes in HO-1, HO-2, HO-3, HO-5, and HO-8 forms. Each form covers a different number of perils, such as fire and earthquake, so which you choose can impact how well protected you keep your Austin, TX, home.<\/p>\n

Named Peril Coverage<\/strong><\/h2>\n

Most homeowners’ insurance policies feature peril coverage, meaning that only the perils mentioned in the policy receive coverage. HO-1 and HO-8 policies cover ten perils, while HO-2 policies cover fifteen.
\nFinancial institutions typically require home buyers who want a mortgage loan to obtain an HO-3 policy. These policies cover the most common perils but still don’t cover everything.<\/p>\n

All-Perils Insurance<\/strong><\/h2>\n

Only HO-5 policies cover all possible perils. Even if a satellite orbiting Earth crashes into your swimming pool, your HO-5 policy covers it. In insurance, we always say, "Expect the unexpected." That’s why we encourage people to buy all-peril coverage. The premiums only cost a little more per month than an HO-3 policy, but you fully protect your home against financial loss.<\/p>\n

Which Policy Do You Need?<\/strong><\/h2>\n

We can’t answer that in a blog because every homeowner’s situation differs. Call Southwest Insurance Center for an appointment to create a custom home policy. Protect your Austin, TX, home with a policy designed specifically for it, which covers the gazebo, pool, trampoline, and mother-in-law suite.<\/p>\n

We don’t believe in cookie-cutter home insurance, and neither should you! Let us help you design a policy that protects your home, everything in it, and the recreational areas of your yard, too. Call us today.<\/p>\n","protected":false},"excerpt":{"rendered":"

How much protection your home insurance provides depends on which coverage level you buy from Southwest Insurance Center. Home insurance comes in HO-1, HO-2, HO-3, HO-5, and HO-8 forms. Each form covers a different number of perils, such as fire and earthquake, so which you choose can impact how well protected you keep your Austin, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[5,6],"class_list":["post-405","post","type-post","status-publish","format-standard","hentry","category-insurance","tag-austin-tx","tag-southwest-insurance-center"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t