When most people think about their homeowner’s insurance policy, they believe one size fits all. However, that couldn’t be farther from the truth. That said, most standard policies will cover the main things, such as damage to your home due to fire, smoke, and even certain weather. They may also cover damage due to theft or vandalism.
So, what isn’t typically covered by insurance?
- Mold. Most policies typically don’t cover mold unless it is due to water damage from storms or a burst pipe. They won’t cover mold that happened because you didn’t take care of your home.
- Valuables. If you have a lot of valuables, your homeowner’s insurance policy generally won’t cover them. So, if you have expensive jewelry or art, you may want an umbrella policy to help you replace anything stolen or damaged.
- Flooding. Most policies won’t cover flooding, so if you live in an area that floods, you may want to protect yourself and your home by purchasing flood insurance.
- Earthquakes. Earthquake damage is also not usually covered, so if you live in a high-risk area, you will want to ensure that your policy will cover the damage. This may mean you have to get extra insurance, just in case!
Though you may think that your policy will cover everything, the truth is that your homeowner’s insurance may not cover mold, flood damage, or even damage due to earthquakes. It also may not cover your expensive valuables.
If you want to ensure your home is fully protected, don’t hesitate to contact us today at ACU Insurance Services in League City, TX. We will be glad to help you find the right plan for your budget.
