Your home insurance is a lifesaver. It protects you against many perils, ranging from theft, fire, vandalism, riots to numerous natural calamities. However, as you rest easy knowing that you will file a claim for every catastrophe, there are perils that your typical home insurance policy won’t cover. Therefore, just as important it is to know what your home insurance covers, it’s equally paramount to know what’s not covered. This way, you won’t be in for a surprise when filing a claim.
To that end, Murvay Insurance of Newport Beach, CA, shares problems that your home insurance doesn’t cover.
Certain natural disasters
One of the biggest blunders you can make is assuming that your home insurance protects you against all natural disasters. For example, while your home insurance will cover you against hail, lightning, and other natural disasters, typical home insurance doesn’t cover flood and earthquake damage.
With this in mind, if you live in locations where earthquakes and floods are frequent, you need stand-alone coverages to protect your home.
Water damage: It’s tricky here
Water from floods isn’t the only headache you have to deal with. While home insurance covers your home against water damage from busted pipes and leaking roofs, some types of water damage are typically excluded.
For instance, if heavy storms, debris, and malfunctioning sump guards cause water backups through sewers, any damage arising from water damage isn’t covered by your typical home insurance.
Home insurance expects you to maintain your home properly. As such, any neglect won’t be covered. For instance, if you fail to turn your heat on and a pipe bursts due to freezing, your claim could be denied.
Normal wear and tear
Home insurance safeguards you against accidental problems such as a tree falling on your house or an electrical mishap that causes fire. However, home insurance won’t cover deterioration of your home resulting from regular wear and tear.
Are you looking for more information on home insurance? Please contact Murvay Insurance. Besides, you can visit our Newport Beach, CA offices to speak to one of our agents.