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1 of 3 Premium Clicks used this month SUBSCRIBE Print + Online Subscriber Activation | Register x Forgot Password | Need an Account? e-edition | subscribe | newsletter | deals Home News Latest Stories Workers put finishing touches on parking lot Memorial Day travel expected to hit 10-year high Departing Ashland High principal Zundel looks to next challenge The Beanery coffeehouse in Ashland closes abruptly Speakers rebuke Grants Pass plan to ban pot growing Crime, Courts and Emergency Services Emergency services New suspect arraigned in 2014 robbery of Ashland gas station Flood warning issued for southwestern Jackson County Ashland fire torches woodshed, greenhouse Emergency services Politics and Elections Case, Salmon leading in Central Point School Board race Lundberg, Mannenbach leading Eagle Point races Jackson County district election turnout under 17 percent Arthur I. Cyr: Camp David summit will not help Mideast stability Ashland water bills could go up to fund watershed protection Education Departing Ashland High principal Zundel looks to next challenge Jacksonville Elementary students on stage at Britt Case, Salmon leading in Central Point School Board race Lundberg, Mannenbach leading Eagle Point races Ashland High's Michelle Zundel heading to Medford district Environment OR-7, mate may be adding to their pack Rogue jet boat tour company eyes TouVelle for permanent home Why is Bear Creek so muddy? Blame Emigrant silt and winter storm Mt. Ashland Ski Area proposes summer adventure center Jackson County declares drought disaster State News Bill would cancel 'kicker,' use money for budget reserves, education Oregon Senate passes bill keeping domestic abusers from having guns State investigates spray crew exposure to herbicide Corvallis-based Bravo company returns home from Afghanistan Judge's order could de-escalate Josephine County gold mine dispute Nation - World Uh oh .... Apple Watch demand is weak There's a $10 million precious stone hidden in plain sight at Grand Central Obituaries Warren Irving Paul Dorothy Isabelle Murphy Bayliss Bruce Michael McGregor Walter Schweiger Dawn Borns/Hagler/Huttl Weather Photo Galleries Since You Asked Videos Web Cams Mail Tribune 100 Shareable Check out top import and export for every U.S. state Patriots fan sets up GoFundMe page to help pay for team's Deflategate fine Sports Latest Stories South's Bartlett falls short at state tourney Spieth claims share of lead at Colonial Warriors fend off Harden, Rockets Ducks beat Blackhawks, take lead in Western finals Giants again blank Dodgers Varsity 541 College Sports SOU's Sanders takes fourth in hammer SOU hires Carlson as coach Ducks down Beavers in 11 innings, 3-2 Raiders prepare for NAIA national meet Holmes heads SOU recruiting class Pro Sports Spieth claims share of lead at Colonial Warriors fend off Harden, Rockets Ducks beat Blackhawks, take lead in Western finals Giants again blank Dodgers Cavs too much for Hawks in Game 1 Community Sports Business Latest Stories The Beanery coffeehouse in Ashland closes abruptly Blog: The Gateway to Summer Allegiant Air resumes flights to Arizona Two Crown Markets planned for Talent Cars We Remember: 1955 and 1956 Plymouth memories Real Estate News Single-family home sales take off Never enough: New Starbucks proposed on Barnett Road in Medford Jackson County debt-ridden homeowners have an option New home in an old house People In Business People in Business Transportation Allegiant Air resumes flights to Arizona Tourism stronger than ever in Southern Oregon Medford airport still flying high with record passenger counts Erickson finds room to work at Medford airport Agriculture 1-800Flowers.com reports $10.5 million loss in third quarter Opinion Latest Matthew T. Mangino: Is Nebraska a death penalty game-changer? Letters to the Editor, May 22 Our View: Free tuition could fly if 'fifth-year' plans reined in Michael Gerson: The Clintons' cloud of deviancy Arthur I. Cyr: Secretary Kerry’s reply to North Korea Editorials Our View: Free tuition could fly if 'fifth-year' plans reined in Our View: Josephine voters choose lawlessness again Our View: Renovating the Capitol is important but costly Our View: Take it easy on hunting and fishing fees Our View: Kicking state government down the road Letters to the Editor Letters to the Editor, May 22 Letters to the Editor, May 21 Letters to the Editor, May 20 Letters to the Editor, May 19 Letters to the Editor, May 18 Columns Michael Gerson: The Clintons' cloud of deviancy Arthur I. Cyr: Secretary Kerry’s reply to North Korea Guest Opinion: Medford needs SkyPark more than it needs parking Dana Milbank: Hillary Clinton's hypocrisy Kathleen Parker: Unswaddling the bab(i)es on campus Guest Opinions Guest Opinion: Medford needs SkyPark more than it needs parking Guest Opinion: Ample water? Think again Guest Opinion: Oregon mothers need much more than flowers Guest Opinion: Child poverty and the Schneider Children’s Center Guest Opinion: Animal-killing program pulls wool over taxpayers' eyes Lifestyle Latest stories Religion Briefs: Friday, May 22 Looking Up: Spica stands out in spring’s sky Fishing Report: Friday, May 22 Get Out: Friday, May 22 Shady Cove salmon derby will pay off Food Community blog: Roasting rhubarb riffs on beet-goat cheese salad Page H. Onorato: Saturday brought treat for supper Taste of Alba Wine by the keg, growler, box and ammo can Potluck: A Gooey Butter Cake to cherish Home and Garden Homeowner’s insurance: What it covers, what it excludes Monarchs are disappearing, but you can help with a wildflower garden Linda Cobb: Time to make a list of spring garden chores Dear Monty: Novice homebuyer’s first attempt disappointing Home Help: Keep a man cave top of mind when choosing a new home Health Health Watch: How to avoid the diet rut Donna Knight: How to lessen your risk Community blog: Little Free Libraries Community blog: Fasting out of Cancer Brent St. Germain: Weight loss goes to the dogs Hiking Biking Faith Religion Briefs: Friday, May 22 Religion Briefs: Friday, May 15 Religion Briefs: Friday, May 8 Religion Briefs: Friday, May 1 Religion Briefs: Friday, April 24 Milestones and Achievements Prefontaine-style running trail proposed in south Medford Bukair-Hinkle Wedding: Stephanie Anne Obad and Mark Douglass Schmor Ashland water bills could go up to fund watershed protection Drones helping create unique wedding photos Columnist for a Day Rogue Healthy Aging Tempo Latest stories 5 things to do in the Rogue Valley Live Music in Local Clubs Memorial Day celebrates veterans Rogue Rage Duo at The Point SOU presents Shakespeare's 'The Winter's Tale' Theater SOU presents Shakespeare's 'The Winter's Tale' OSF commissioned plays tour throughout country 'Cuckoo's Nest' is a big play, well presented 'One Flew Over the Cuckoo's Nest' REVIEW: Randall Theatre's 'Little Shop of Horrors' a rollicking good time Music Live Music in Local Clubs Rogue Rage Duo at The Point The Farr Side: Swift dominates Billboard Music Awards Interview: Country mainstay T. Graham Brown reflects on career Laurie Lewis, Tom Rozum at The Mountain House Community Events Memorial Day celebrates veterans Third Friday: 'Into the Woods' is a must-see 5 things to see at Art in Bloom Flowers, art and music highlight Art in Bloom Hip-Hop Poetry Open Mic at OSF's Black Swan in Ashland Movies Interview: ‘Good Kill’ offers blistering look at ‘battlefields and blackjack’ of drone warfare Review: ‘Tomorrowland’ feels like another Disneyland staple — Dopey Movie review: Disney takes us to ‘Tomorrowland’ Dwayne Johnson rocks in a new way in ‘San Andreas’ Movie review: Cast keeps laughs coming in ‘Pitch Perfect 2’ Dining Upscale pub fare at The Point Wine by the keg, growler, box and ammo can 6 stars of the Rogue Valley food universe Cool down with a cold one (or two, or three) Nguyen Street Food Tempo Videos Classifieds Jobs Autos Real Estate FEATURED » Obits Blogs TV Listings Movie Listings Oregon Outdoors Oregon Healthy Living Special Sections Business Services NEWS NOW The Beanery coffeehouse in Ashland closes abruptly ... Our View: Free tuition could fly if 'fifth-year' plans reined in ... Fishing Report: Friday, May 22 ... The Beanery coffeehouse in Ashland closes abruptly ... Our View: Free tuition could fly if 'fifth-year' plans reined in ... Fishing Report: Friday, May 22 ... Homeowner's insurance: What it covers, what it excludes Comment By Laura Firszt Networx MailTribune.com By Laura Firszt Networx Posted May. 21, 2015 at 8:44 AM By Laura Firszt Networx Posted May. 21, 2015 at 8:44 AM » Social News You pay hundreds of dollars for homeowner’s insurance. It’s required coverage for everyone who takes out a mortgage, yet people seldom go over the fine print of their policy, to find out what is covered, the dollar amount, and any deductibles. Before disaster strikes, why not inform yourself about how, exactly, your homeowner’s insurance protects you? Your home’s structure Homeowner’s insurance will pay toward the rebuilding of your home if it’s damaged or destroyed by certain natural disasters. (These include fire, lightning, hail, hurricanes, and if you live in Florida, “catastrophic ground cover collapse” -- sinkholes, in layperson’s terms.) The policy also covers outbuildings such as detached garages or toolsheds. IMPORTANT: If the unthinkable happens and you need to rebuild, you’ll be able to collect only up to the amount of coverage. To illustrate: Say you have insurance for $250,000. The cost of reconstructing your home comes to $400,000. You’ll have to pay $150K ($400,000 minus $250,000) out of your own pocket. Your personal possessions Your personal possessions are included in your homeowner’s policy, in case of theft, vandalism or natural disaster as above. Coverage on home furnishings, clothing, electronics and similar usually is equal to 50-70 percent of the insurance on your house. In the previous example, where you have $250,000 worth of insurance, your belongings would be covered for $125,000-175,000. Landscaping -- trees, shrubs, and bushes on your property -- is covered at the rate of 5 percent of your house insurance. Valuable belongings like coin or stamp collections, jewelry, or furs are insured, usually with a limit on the dollar amount. This portion of your policy is not limited to the contents of your home and yard. It provides coverage of your personal items off premises, too … at the office or on vacation, for instance. In addition, it protects you against fraudulent use of your credit cards, normally to a maximum of $500. Liability The liability insurance included in your homeowner’s policy covers your legal expenses and court awards in case you’re sued for bodily injury or property damage. This applies to both you and your family members, on your property or elsewhere. However, there’s a limit to the amount, possibly as low as $100,000, and certain types of harm, like dog bites, are excluded. Should you decide you’d like additional protection, you can purchase umbrella liability in increments of a million dollars. Additional living expenses If an insured disaster makes your home uninhabitable, homeowner’s insurance will pay for additional living expenses until the building is repaired. This comprises hotel accommodation, restaurant bills, and related charges, as well as lost rental income if you normally rent out a portion of your home. Once again, the amount of coverage is limited. What’s more, a time limit may apply. What is not covered Don’t face the prospect of an unpleasant surprise. Learn about problems that standard homeowner’s policies do not insure. In most cases, it’s possible to purchase additional coverage to protect against them. Flooding, tsunamis and earthquakes are not covered. If you live in a high-risk area, though, you’re legally required to obtain flood insurance to be eligible for federal financial assistance on your home purchase. In addition, your mortgage lender may demand that you purchase this insurance even in a moderate-to-low risk region. Furniture harmed by insurable events may be covered only for its replacement value -- the dollar amount it would cost to replace it with items in similar condition. In other words, if your 10-year-old couch was damaged or stolen, you’d receive enough to purchase another 10-year-old couch, not this year’s model. And there is no compensation for everyday wear and tear. Mold damage and sewage backup are limited or excluded, although these have the potential to do enormous damage to your property. Termite infestation is not covered by a standard homeowner’s policy. This kind of insect problem is, unfortunately, quite common and can be extremely destructive. Depending on which species you have in your home, cost of professional termite extermination or tenting can total over $10,000. Finally, acts of war including some types of terrorist attacks are excluded from standard coverage. Laura Firszt writes for networx.com. This post originally appeared here: http://www.networx.com/article/homeowners-insurance-what-it-covers-w. By Laura Firszt Networx MailTribune.com By Laura Firszt Networx Posted May. 21, 2015 at 8:44 AM » Comment or view comments Reader Reaction » STAY INFORMED Email NewsLetter Sign Up Today Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. Southern Oregon Directory Featured Businesses Loading... 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