What Does Your Home Insurance Typically Exclude From Coverage?

What Does Your Home Insurance Typically Exclude from Coverage?

by

Don Marks

Many homeowners in the United States of America find themselves forced into purchasing homeowners insurance because they have a morgage on thier property and the bank requires it as a stipulation of the lending contract. This has become common place, and because of the normalcy of homeowners insurance, many people don\’t actualy understand what it does and does not cover. What does your homeowners insurance typically exclude?

When purchasing homeowners insurance, you might believe that you will be protected against any unintentional damage to your home such as pipes exploding or forest fires.

There are several common types of home damage disasters that are not covered. Can you imagine living on a flood-plane but not being covered for flood damage? What about having a nice cabin in the mountains that doesn\’t have covereage against landslides?

Here is a short list of some things typically excluded from home owners insurance. While this list is not complete, it covers several of the the most common issues homeowners run into.

Earthquakes

In the United States earthquake damage is typically not covered. For states that are prone to earthquakes it is still not a guarantee that local companies will address it unless specifically requested.

Floods

Most homeowner insurance policies do not cover repairing flood damage . This can be increasingly more of a worry when you realize how broad the definition of flood damage can actually be. On the plus side, The National Flood Insurance Program (NFIP) of 1968 enables certain communities to purchase flood insurance protection from the government directly.

Hurricane/Tornado

Wind damage can greatly deviate in its definition from tornado damage. Tornado damage is rarely covered but wind damage is. What kind of damage was it? I guess that depends if you have a claim for removing a tractor truck from the rubble or not.

Landslides

Landslides are rare in the United States but they do occur. At this time, no insurance contracts will cover landslides in the United States without a special addendum or rider to the contract. Homes on hillsides or in mountain areas like ski resorts are especially at risk.

Even if the insurance agencies in your area don\’t offer certain coverages, an insurance agent will be able to provide information for government programs. In either case, it is extremely important to read up on the exact definitions these agencies are using for each of their contracts. Consider for a moment what type of insurance would cover certain issues. What if an earthquake causes a landslide?

Providing help for property owners who need to research information on repairing and restoring their home from a natural or unexpected disaster. Learn more online at

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Article Source:

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