What Doesn’t Homeowners’ Insurance Cover?

When buying a homeowner’s insurance policy, you need to understand that each policy is different. You need to know exactly what is covered by the policy that you have. 

That being said, there are many things that aren’t typically covered with a homeowner’s insurance policy. 

Earthquakes. Though storm damage is covered with standard policies, most of them won’t cover earthquake damage. If you live in an area where earthquakes are common, you may want to add some earthquake insurance to your policy. 

Flood. Water damage is often covered by standard homeowners’ insurance policies. However, flooding isn’t typically covered. Because of this, even if you don’t live in an area where flooding is common, you may want to add some flood insurance to your policy. 

Excessive water damage. Just like floods, most standard homeowners’ insurance policies put a maximum on the amount of damage that they cover when it comes to water damage. They may also not want to cover any damage that may occur if your septic system backups. 

Problems due to neglect. Your homeowner’s insurance policy may not cover any damage that may occur if you do not take care of your home. This may include rust, mold, and other problems that may happen due to wear and tear.

The best way to ensure that you have a policy that will cover everything that you need is to talk to a professional. If you live in Kissimmee, FL, don’t hesitate to contact Familia Insurance Agency. They will look through your policy and see if you need to add anything to your policy to be completely protected. They may even be able to find a better policy at a cheaper price!