Insurance quotes and assistance
Recent Topics Home Insurance Blog & News Questions & Answers
Renters Insurance Stripped
Home Insurance » Coverage
Whose Home Insurance is Responsible?
Home Insurance » Coverage
Expecting Home Insurance Premium Increases
Home Insurance » Blog
5 Steps Home Insurance Policy Holders Must Take Now
Home Insurance » Blog
Do I have to have home insurance?
Do I need homeowners insurance if I'm a renter?

What Home Insurance doesn’t Cover

You have home insurance.

You’ve read the policy and you know you can afford the deductible.

You know what your home and property are worth, so you know that the limits on the policy are acceptable.

You can afford the premium and you have already paid the policy up for the entire year.

You are safe and your family is protected.

Or is it?

Often, policyholders don’t realize that having a home insurance policy alone is not enough to actually protect their home and possessions from all the perils they face. Why? Because home insurance policies do not cover certain perils like earthquakes, landslides and floods.

In order to ensure you have coverage in the event that a natural body of water overflows and floods your home, or an earthquake occurs and shatters your home’s foundation, or a landslide ruins the walls, windows and security of your home, you need to either cover these perils through an additional insurance policy or talk to your agent about having additional coverages added to your home insurance policy in order to give a wider range of protections.

But in addition to the uncovered perils listed above, you may also need additional coverage for other small things that you might not even have considered – and that your policy doesn’t necessarily point out as missing. Like debris removal for taking out fallen trees and other debris after a hurricane, collapse and sinkhole damage coverage, insurance for building additions and more.

If you aren’t sure what your policy doesn’t cover, and reading the policy doesn’t help you understand, then you should call your insurance company. They will be able to explain to you the perils covered based on your insurance policy class. And if you are just now getting insurance quotes for rates on a home insurance policy, then be sure to consider including these coverages in your quote request.

January 13, 2011

You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

Tags: ,

Leave a Reply

Related Posts