Suppose you share your Illinois home with others. In that case, you may wonder if your home insurance policy will cover everyone living there. The answer to this question depends on the insurer and your policy type. You’ll need to read the fine print of your policy to understand who is covered and under what circumstances. Here is some general information about who is typically covered by your policy from OnQuote Insurance.
Who is covered by homeowners insurance?
A home insurance policy typically covers the policyholder, their spouse, and any minor children living in the home. Other relatives may also be covered if they live in the house and are listed on the policy. Minors under your full-time care are also covered regardless of their relationship (such as foster children).
Who is not covered?
A few different types of people are not typically covered under a home insurance policy. Unmarried couples, roommates, and friends are all people who would not be covered. This is because home insurance policies are typically only for family members who live in the same household. If you have any other relationship with the people you live with, you will most likely not be covered under their home insurance policy.
How to insure those who are not covered by your home policy
If you want to insure someone who is not covered by your home policy, you can add them to the deed of your house. This will make them the joint owner of the property, and they will be able to benefit from your home insurance policy. You can also add an "Other Members" endorsement to your existing home insurance policy. This will extend coverage to other household members, such as domestic partners or roommates. If you have roommates, they could also purchase their own renter’s insurance policy to be fully insured.
Contact Us Today
If you’re a homeowner in Illinois, OnQuote Insurance can help you find the home insurance policy that fits your household’s needs. We work with various insurance companies to find the right coverage at the right price. Contact us today to discover more!