Homeowners insurance, also called home insurance, helps pay for damage to your home and the things you own when something happens that’s covered by your policy. It also provides liability coverage that helps protect your finances if you’re held responsible for someone else’s injuries or property damage.
Home insurance is for people who own and live in their house. If you’re paying a mortgage, your lender likely requires hazard insurance. That’s part of a standard homeowners policy. If you own a home but rent it out to tenants, you’ll need landlord insurance like USAA Rental Property Insurance.
How much does homeowners insurance cost?
The amount you pay for home insurance depends on many factors. The size and age of your home, its location, and the coverage amounts and deductibles you choose can all affect your premium. You may be able to lower your premium with our homeowners insurance discounts.
What does a homeowners policy cover?
Most Weather-Related DamageYou’ll have to buy a separate policy if you need flood insurance.
Theft and VandalismOur standard homeowners policy also includes coverage for identity theft.1
Some Water Damage and MoldThis only includes water damage that’s sudden and accidental. Learn more about water damage coverage.
What does homeowners insurance help protect?2
You can tailor a USAA policy to your needs, so you get a balance of coverage and value. Some coverages are standard. Others you can add as needed, like earthquake3 and home sharing coverage.See note4 Learn more about home insurance coverage.
Dwelling and Other StructuresThis includes the house, permanently attached items and other structures like fences, driveways, detached garages and pools.
Personal BelongingsWe’ll help pay to repair or replace items,See note5 including electronics, furniture and appliances. Add more protection with Valuable Personal Property insurance.
Loss of UseIf your home is unlivable after a covered loss, we’ll cover your increase in living expenses. This includes the extra cost for a hotel and buying meals.
Personal LiabilityThis generally provides coverage if you’re responsible for someone’s accidental injury or damage to their property.