Every insurance policy is different and can provide certain levels of protection tailored towards the needs of the policy holder. However, there are some standard types of coverage that are included in most basic home insurance policies.
Basic Levels Of Protection
Most homeowner insurance policies will include some basic levels of protection and coverage. The main dwelling will be protected from many forms of damage and the insurance company will pay to repair the damaged dwelling. This will extend to other smaller structures on the property, like sheds and separate garages, but the level of coverage will differ.
Damage is one important aspect of insurance, but protection for personal belongings is equally important and is also included in a standard home insurance policy. The monetary value of items in the home will be covered in case of damage or theft, so it’s a good idea to keep track of valuables. Every insurance company will have a different limit on the amount covered, so it’s wise to compare the value of belongings against the level of coverage.
The third aspect of home insurance policies is liability protection. This will cover any personal injuries that are incurred on the property by people who do not live there. It may seem silly, but having protection in case of a lawsuit can go a long way to saving a family financially as attorney fees and medical bills add up.
What Is Not Included?
Although each insurance company has different policies that cover different parts of the home, almost all of them do not include one important aspect in their policies. Damage caused by floods, earthquakes and war will not be included in most standard home insurance policies and may be important depending on the geography of the area.
Another important note is that flood damage does not just apply to natural flooding in the region, but will also include water damage from broken pipes or backed up sewage lines. It’s an important distinction because many first-time home owners assume this water damage will be covered under their basic insurance policy.
The right insurance policy can be difficult to figure out for first-time home owners. There are many questions to ask about the property to determine the right policy and it’s a good idea to consult your local real estate agent to get their insight into what additions may be needed. Give me a call for more information – J.P. Cook – 602-320-4253.
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8782 W Laurel Lane
Peoria, AZ 85345
$475,000
3
Beds
2.5
Baths
2,037
SqFt
Status
Active
MLS #
6683709
Property Type
Single Family Residence
Price Type
--
PRIDE OF OWNERSHIP! This well cared for home is a RARE FIND. Starting with ALL NEW WINDOWS AND DOORS, including four sliding doors and sunscreens. NEW AC UNIT, and CUSTOM MODERN BLINDS. Ceiling fans with lights in every room. CARPET FREE. Upstairs has a HUGE LOFT for a second living room/office/or 4th Bedroom. SPACIOUS Master Suite, OVERSIZED CLOSET, Bathroom with separate TUB/SHOWER and TWO SINKS. Backyard has a COVERED PATIO, with a remote PATIO SUN SHADE, mature landscaping and beautiful GREEN GRASS. More than 50k of improvements. SOLAR PANELS with utility bills averaging $29/month. Located in a great, quiet neighborhood with walking distance to Cheyenne Elementary and close 101 freeway access. This one is a TRUE GEM.
2102 N 24th Place
Phoenix, AZ 85008
$475,000
2
Beds
2
Baths
952
SqFt
Status
Active
MLS #
6684867
Property Type
Single Family Residence
Price Type
--
Welcome home to Vel Ru. Main home 2/2 PLUS 400 sq ft guest house! The guest house features a kitchen, 2 bedrooms, and bath keep it as an office or rent it out as your next investment property. 1920's Bungalow Style Home has gorgeous vaulted ceilings and wood beams. Featuring hardwood floors, rounded archways and a gas fireplace. The kitchen is upgraded with granite counters/backsplash, black appliances, gorgeous slate floor, high ceiling, brick accent wall, & plenty of wood cabinets with hardware. The expansive dining room is bright with a cozy feel. Exit out the french doors to the patio in several rooms, window blinds, and bathroom with retro elements as well as tasteful updates. This huge yard on a corner lot with pavers, storage shed, palm trees, open workshop area. Plus an RV GATE!
11035 E Topaz Avenue
Mesa, AZ 85212
$475,000
3
Beds
2
Baths
1,792
SqFt
Status
Active
MLS #
6686143
Property Type
Single Family Residence
Price Type
--
Amazing 3 bed 2 bath, open-floor plan, Bella Via home on an oversized lot in east Mesa! Besides the ideal location with north/south exposure, this home features 10' ceilings combined with a split, open floor plan, making it live and feel like a much bigger space! Kitchen is well appointed with gas range, island sink, and matching stainless. The split floor plan offers a huge central living space with maximum privacy. Plus, this home has Owned solar! No payments.. electricity bills under $10. Don't forget the oversized epoxy-floor garage with space for a third vehicle! Tons of storage. And a nice little orange tree in the backyard! This home has what you need in the $500k price range. Come see it! Welcome home!
29248 N 122nd Lane
Peoria, AZ 85383
$475,000
4
Beds
2.5
Baths
2,706
SqFt
Status
Active
MLS #
6692658
Property Type
Single Family Residence
Price Type
--
This amenity filled Vistancia neighborhood features 2 private pools & spas, cabana, & huge park. In addition, you'll have access to the larger community pools, water slides, a full-size basketball gym with multi purpose building, public parks & trails. This beautiful home features a rare 3-car garage, 4 bedrooms plus Loft and main floor Den with french doors! On a prime greenbelt lot. Your private courtyard and 4 panel sliding door offers the perfect indoor/outdoor living space. Additional upgrades include a soft water Loop, gas range, custom built-ins+ accent walls, and EV charger in garage. HOA covers front & back landscaping for the ultimate low maintenance living. Our preferred lender is offering reduced rates to qualified buyers, see private remarks for details.
2478 E Roma Avenue
Phoenix, AZ 85016
$475,000
2
Beds
2.5
Baths
1,122
SqFt
Status
Active
MLS #
6693001
Property Type
Townhouse
Price Type
--
Welcome to this charming property that appeals to the modern homeowner. Mesmerize your visitors with the stylish accent backsplash in the kitchen. The kitchen is further enhanced with efficient and eye-catching stainless steel appliances that make food preparation an enjoyable venture. This property features a generously spaced walk-in closet in the primary bedroom, offering ample storage space for all your outfits and accessories. Getting ready in the morning or winding down in the evening is made easier with double sinks in the primary bathroom. Enjoy the shared neighborhood amenities that offer another layer of enjoyment to residing in this vibrant community. Don't miss this once-in-a-lifetime opportunity to make this delightful property your own!
1744 E Los Alamos Street
Gilbert, AZ 85295
$475,000
3
Beds
2
Baths
1,124
SqFt
Status
Active
MLS #
6699262
Property Type
Single Family Residence
Price Type
--
Welcome to your slice of paradise in Gilbert! This charming single-story home offers 3 bedrooms and 2 bathrooms, meticulously remastered for modern comfort and style. Step inside and be greeted by a delightful open floor plan, adorned with luxurious Luxury vinyl plank flooring that adds both elegance and durability to the space. The kitchen is a chef's delight, boasting solid stone counters, crisp white shaker cabinets, and gleaming stainless steel appliances, creating a perfect blend of functionality and sophistication. Retreat to the spacious primary room, complete with a large en suite featuring exquisite fixtures, shaker cabinets, and a beautifully tiled stand-in shower. Plus, the walk-in closet is equipped with a fantastic closet system, offering ample storage and organization options. Step outside to your expansive backyard oasis, where lush mature landscaping and trees provide privacy and tranquility, creating the perfect setting for outdoor gatherings or simply relaxing under the Arizona sky.
2101 Leisure World --
Mesa, AZ 85206
$475,000
3
Beds
2
Baths
1,723
SqFt
Status
Active
MLS #
6697499
Property Type
Single Family Residence
Price Type
--
Please do not miss this beautiful Barcelona floor plan. It has been tastefully updated and has views of Coyote Run Golf Course from both the front patio and the back patio. The front courtyard is so welcoming to all visitors and once inside the home, the gorgeous rock fireplace and vaulted ceiling invites you in. The large kitchen has plenty of cabinets and counter space plus you have a large laundry room and incredible pantry. All 3 bedrooms are huge and the home has hard surface floors throughout for easy care. Do not miss this house!! All this in the Premiere Active Adult Community of Leisure World with 36 holes of private golf, new tennis complex, pickle ball, swimming pools, library, state of the art fitness center, theater, arts and crafts, billiard room, and much more!
450 W Cherrywood Drive
Chandler, AZ 85248
$475,000
2
Beds
2
Baths
2,123
SqFt
Status
Active
MLS #
6700053
Property Type
Single Family Residence
Price Type
--
Located in Sun Lakes, this 2 bedroom, 2 bathroom home with a den is ready for a new owner! This home features over 2,000 livable square feet. Enjoy the granite countertops and stainless steel appliances in the updated kitchen and the spacious living room. The bedrooms feature large walk in closets. The 2garage features a separate entrance for a golf cart! This community of Sun Lakes features a golf course, club house, pools, tennis courts and much more! Come and see what this beautiful home and community has to offer!
2323 E Harvard Street
Phoenix, AZ 85006
$475,000
3
Beds
2
Baths
1,453
SqFt
Status
Active
MLS #
6672801
Property Type
Single Family Residence
Price Type
--
Property eligible for a $10,000 grant as primary residence with FHA or Conventional loan. Plus a one point rate buy-down! Seller also willing to offer buyer concessions. Welcome to this cozy, completely remodeled, historical, yet modern home, in the Green Gables neighborhood! Huge open space designed for today's lifestyle. New roof, windows, AC, all updated in 2018. This home's location make it a true gem in the market. Centrally located in a well-established but constant developing neighborhood of the urban Avalon Subdivision - None HOA community that has a ton of character. Just a quick drive to Downtown Phoenix, Arcadia, Biltmore, Scottsdale, and Tempe. Easy access to the I-10, 202, and 51 freeways, makes this the ideal and perfect location for authentic inner city-life.
15430 W Amelia Drive
Goodyear, AZ 85395
$475,000
2
Beds
2
Baths
2,449
SqFt
Status
Active
MLS #
6612745
Property Type
Single Family Residence
Price Type
--
Indulge in the elegance and comfort of this stunning 2-bedroom, 2-bath home nestled within the prestigious Pebblecreek active adult community. Boasting a generous 2,449 square feet of living space, this residence features vaulted ceilings which enhance the home's spacious feel and flood the interiors with natural light. New homeowners will delight in the living arrangements which include both formal and casual living spaces; a formal living room for hosting esteemed guests, a dining area for memorable dinners, and a welcoming gathering room that seamlessly connects to a chef's dream kitchen where daily camaraderie and culinary mastery come to life. Each bedroom serves as a tranquil retreat, complete with ample space and privacy. Appointed with modern conveniences, this home benefits from a 2022 roof update, a 2023 HVAC system, and a brand-new water heater, ensuring peace of mind and comfort for years to come. Pebblecreek is not just a place to live, but a lifestyle. Geared specifically for those 55 and better, this guard-gated community spoils its residents with a bounty of amenities. Challenge neighbors to a friendly game on one of the 36 pickleball courts, explore your golfing aspirations on any of the three golf courses, or take a leisurely stroll with your furry companion in the dog park. With two clubhouses and three pools, community engagement and recreation are just steps away from your front door.This property is ideally suited for active adults seeking a blend of sophistication, security, and endless social and recreational opportunities, right in the heart of Goodyear. Don't miss your chance to own a slice of paradise within Pebblecreek.
1122 E Brookwood Drive
Casa Grande, AZ 85122
$475,000
4
Beds
3
Baths
2,196
SqFt
Status
Active
MLS #
6683168
Property Type
Single Family Residence
Price Type
--
WOW! THE BUILDER IS OFFERING UP TO $20,000 TO BUY THE RATE DOWN OR USE ELSEWHERE! This in one of the beautiful models at Arroyo Grande. It has many optional features including vaulted ceilings, a gourmet kitchen, a walk in shower, an oversized eat in kitchen island, a walk-in pantry, all built in appliances, an extended kitchen, and many more. This home is close to several retail areas with restaurants, grocery stores, drug stores, and many other retail offerings. You need to see this one. This is our most popular floor plan. The home is close to schools and numerous employers.
12424 N 144th Drive
Surprise, AZ 85379
$475,000
4
Beds
3
Baths
2,065
SqFt
Status
Active
MLS #
6686349
Property Type
Single Family Residence
Price Type
--
Welcome to Marley Park.This beautiful home sits across the street from Portico Park, within walking distance of Willow Swim Park. Owner's Suite is near the back of the home and features flex space for a home office, gym, kids' playroom, you name it! Kitchen island is over-sized with comfort-height granite countertops, separate walk-in pantry and space to entertain. NEW INTERIOR AND EXTERIOR PAINT. Guest suite offers a private bath and walk-in closet. Come and play outside in the custom-landscaped yard with artificial turf and a pergola!
