The home owners insurance covers a whole range of structures used for domestic purposes as well as home based businesses. Primary coverage packages provided include:

• Building coverage that include the home, garage and structures on the property
• Personal belongings and household contents coverage
• Reimbursement for costs of temporarily living at another address while repairs are made at the damaged home
• Personal liability insurance that covers you against any estate opening suite for damages caused by you

When determining the coverage you need for your home consider its limits, insurance for replacement costs of the building, actual cash value for replacement costs of the household contents and the endorsement needed to provide the level of coverage you intend to obtain. Different policies and coverage packages in the market should be discussed with your insurance agent.

Homeowner premiums are variable as per the age of the property in question, the location, condition and the owner’s credit rating. Previous loss experience is a factor of scrutiny when it comes to eligibility for coverage. The property’s coverage as well as liability o other parties and the household contents are normally combined in a sole package. This is termed the homeowner policy.

Different types of this include HO-3, HO-4 and HO-6. The most common of these policies is HO-3 with a coverage that incorporates dwelling personal property and owner liability. HO-4 covers personal property and liability of tenants in a rental property. The latter policy is tailored for condominium holders and covers, personal property, liability and the interior of the condominium. The policies assume that the property is 10 years or older and has a fire protection of 1-6. Cities such as St. George, Price, Vernal and Bountiful are included in this description.

The policy always has a deductible amount of $500 unless stated otherwise. Personal liability is limited to $100,000 and medical payment to $1000. Special discounts and coverage packages are rarely included.

Many Utah insurers have an earthquake coverage product designed for the clients need. These include CSE Safeguard Insurance Company, and Amco Insurance Company. The earthquake coverage includes a separate deductible. The average rate for a brick dwelling per $1000 is $7.16; this is based on a 10% deductible.

The Southwest desert and the South Central Mountains are prone to flash floods and this contributes to the value of the homeowner insurance. Policies in these areas may be a little higher than would be at St George.