Understanding Home Insurance Exclusions

Home insurance provides a great deal of peace of mind. It covers many things, which can tend to lull you into a false sense of security. However, home insurance does have some exclusions, and by knowing them, you can add that coverage if you need it. At Everett Insurance in Glen Allen, VA, we place the needs of our customers first and offer competitive rates and great service.

Floods

With all the once-in-a-hundred-year floods that have been happening around the world, it is time to think about your vulnerability. When a small creek can rise 30 feet, it is bound to cause damage. While your home insurance won’t cover the damage, flood insurance will. The NFIP provides flood insurance in two parts: structure and content. You buy them separately, and they have pretty strict limits.

Mudslides/ landslides

When areas get heavy rain, it can lead to other damage beyond flooding. Mud or landslides are one of them. These are becoming more frequent and can cause catastrophic damage. If you are in an area with potential for this type of damage, an additional policy can be added to your current coverage.

Sinkholes

Many areas have shown an increased occurrence of sinkholes; if you live in one of these areas, adding this coverage makes sense.

Earthquakes

Everyone knows the areas where this is a common occurrence, but with fault lines running under other areas, earthquakes can happen almost anywhere.

Owner neglect

This is a much broader category and can mean many different things. Did you neglect to replace your old roof and then suffer interior damage to your home? The repair is something you will have to take care of yourself. Termites and rodents are considered owner neglect.

Contact Everett Insurance in Glen Allen, VA, to learn more about home insurance. We can help ensure that you are covered for every accident and event.