Questions About Specific Home Insurance Coverage Scenarios

What does your homeowners insurance cover when it comes to common perils?

As a homeowner, you like to think that your insurance always has your back.  However, all insurance policies have their limits, and your home insurance is no different.  So, where does your policy draw a line?  Here is what your home insurance will and will not cover when it comes to these common perils.

Hurricane Coverage

If your home is in the path of a hurricane or tropical storm, then your home may sustain damage from high winds, heavy rain, and extreme flooding.  Fortunately, your home insurance policy will offer coverage for the damages related to wind, rain, and hail.  However, if your home is damaged by floodwater, then your policy will not offer coverage for repairs.  The only way to secure flood coverage is with a specialty flood insurance policy.

Theft Coverage

Homeowners insurance covers theft both inside and outside your home.  Homeowners insurance will only cover your belongings up to a certain coverage limit.  So, if you have high-value items that exceed these limits, then they will not be covered by your policy.  You can secure additional coverage for valuable items through policy endorsements or by securing specialty policies for specific items.

Pet Liability Coverage

Typically, your home insurance will provide coverage if your dog bites someone on or off your property.  However, there are three main coverage exclusions:

  1. Your home insurance will not cover dog bites to someone covered under your policy (you or the immediate family members living in the household).
  2. Your insurance provider may exclude your dog from coverage if they have a history of biting.
  3. Your insurance provider may exclude your dog from coverage if it is considered “high-risk.” Certain breeds, such as pit bulls, Doberman pinschers, rottweilers, German shepherds, Siberian huskies, and so on are typically labeled “high-risk” by home insurers.

This is what your homeowners insurance covers when it comes to common risks and perils.  Do you have questions about your home insurance coverage?  If so, then contact the experts at Robert J. Los Insurance Agency in Hamburg, New York today.