5 Surprising Things That Home Insurance Won’t Cover
Home insurance is a crucial investment for homeowners, providing financial protection against various risks and damages. However, many homeowners are unaware of the limitations of their policies, leading to unexpected financial burdens when disasters strike. Here are five surprising things that standard home insurance typically won’t cover:
1. Earthquakes and Land Movement
Standard home insurance policies do not cover damage caused by earthquakes, landslides, or sinkholes. These risks require separate insurance policies, which are especially important for residents in high-risk areas like California, Washington, and Missouri.
2. Floods
Flood damage is not covered by standard home insurance. Homeowners need to purchase separate flood insurance, often through the National Flood Insurance Program (NFIP), to protect against river overflows or storm surges.
3. Sewer Backups
Sewer backups are not typically covered by standard home insurance. Homeowners can purchase additional endorsements to cover such incidents, but they are responsible for maintaining sewer lines up to the main sewer .
4. Maintenance Issues
Home insurance does not cover damages resulting from neglected maintenance, such as a leaking pipe or a broken step. Homeowners must ensure regular upkeep to avoid disputes over claims.
5. Expensive Jewelry and Valuables
Standard policies often have limited coverage for valuable items like jewelry, art, and collectibles. Homeowners need to purchase additional endorsements or “floaters” to ensure these items are fully protected.
Summary Table
| Item Not Covered | Why It’s Not Covered | How to Get Covered |
|---|---|---|
| Earthquakes and Land Movement | Not included in standard policies | Purchase separate earthquake insurance |
| Floods | Requires separate policy | Buy through NFIP or private insurers |
| Sewer Backups | Not standard; requires endorsement | Add sewer backup endorsement to policy |
| Maintenance Issues | Result of neglect | Regular maintenance and upkeep |
| Expensive Jewelry and Valuables | Limited coverage in standard policies | Purchase additional endorsements or “floaters” |
Understanding these gaps in coverage can help homeowners make informed decisions about their insurance needs and avoid financial surprises in the event of a disaster. Always review your policy carefully and consider additional coverage options to ensure comprehensive protection for your home and valuables.
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