What Does Homeowners Insurance Cover in 2024?
A Guide for Pakistani Homeowners Home insurance is an essential financial safety net for protecting your dwelling, its contents, and your financial liability if something happens to your property. Understanding what your homeowners insurance policy covers is crucial for securing adequate protection, and this guide will help you understand the basics of home insurance in Pakistan Typical Home Insurance Coverage in Pakistan (2024) While policy specifics vary, here's what most standard homeowners insurance policies in Pakistan cover: · Dwelling Coverage: Protects the physical structure of your home against damage from: · Fire, lightning strikes · Windstorms, hail · Explosions · Theft or vandalism · Other perils specified in your policy Personal Belongings Coverage: Protects your possessions like furniture, electronics, clothing against covered perils. Additional Living Expenses (ALE): If your home is uninhabitable d