Like many types of insurance, home insurance has exclusions. Exclusions are things the insurance won’t cover. They are very clearly listed in your policy, though usually not on the declaration page. You will have to go back a few pages in your policy to find them. At Integrated Insurance Advisors LLC in Boiling Springs, SC, our team makes sure that homeowners understand the exclusions in their policy and the options that are available to make sure that you have coverage.
Things that home insurance won’t cover
As a homeowner, the expectation is that you will maintain your home. That is not an unreasonable expectation. But, what you consider owner neglect and what the insurance company considers owner neglect may not be the same thing. The insurance company expects you to replace your roof before it starts to leak and damage your ceilings. They also expect that if there is any danger of termites, you will get your home treated to prevent any damage. If your tree is damaged, you need to get it trimmed so it doesn’t fall on your home. Use common sense and do regular maintenance.
Floods happen all over the country and sometimes it is a real surprise. Don’t let the surprise be on you. Your basic home insurance does not include flood coverage and you could lose thousands of dollars of possessions, not to mention your home itself if you don’t get the additional coverage you need. You can buy flood insurance through the NFIP.
Earth movement covers a few different things. It includes earthquakes, sinkholes, landslides, and mudslides. You need to get an additional policy or an endorsement of the home policy if you want to be covered for these.
At Integrated Insurance Advisors LLC in Boiling Springs, SC, our team is here to answer any home insurance questions you may have.