YOUR BASIC HOMEOWNERS INSURANCE POLICY COVERS YOU FOR A VARIETY OF NATURAL DISASTERS AND UNEXPECTED OCCURRENCES. THESE ARE USUALLY CALLED NAMED PERILS AND INCLUDE:
SOUNDS LIKE A LOT, DOESN’T IT? IT IS. BUT, THERE ARE SOME IMPORTANT EXCLUSIONS AND CAVEATS.
WHAT’S NOT COVERED
There are some important and costly disasters that are excluded from your basic homeowners insurance policy. Happily, in most cases, you can purchase additional coverage to make sure you’re protected.
Whether you have an “all risk” policy or a “named perils” policy, there will be exclusions. Read these over carefully and be sure to purchase additional riders or policies to make sure your home is fully protected.
Take a few minutes to get a free, no obligation homeowners insurance quote, and see just how affordable our rates can be.
It's difficult to think about losing your home due to a natural disaster.
However, it’s important to take time to understand just what your homeowners insurance policy covers and what it does not. You can add additional coverage as necessary or, at the very least, know now what you might be in for.
There’s a lot of confusion when it comes to natural disasters and your homeowners insurance. And, it’s no wonder. With over a dozen named perils and a list of exclusions, it’s easy to get confused.