Homeowner’s Insurance: Beware of Exclusions

Homeowner’s Insurance

When you need to make a claim on your homeowner’s insurance policy, that’s a rotten time to find out the situation is not covered. If you don’t already know, take time to familiarize yourself with the exclusions included in your policy so you can avoid nasty surprises.

What are Exclusions?

Exclusions are situations or ‘perils’ that your insurance company will not provide coverage for so it’s important you know what those situations are in your policy. If you come across something you don’t understand in your policy, be sure to ask your insurance expert for more information.

Examples of Exclusions in Your Homeowner’s Insurance

Here are some examples of perils or potential causes of a loss that are not usually covered by insurance companies:

  • Damage caused by insects and rodents such as termites, squirrels, mice, or any other animals.
  • Water damage caused by a flood, or by water seeping through cracks in your foundation.
  • Damage from frozen indoor plumbing, unless you take specific precautions as outlined in your policy.
  • Damage caused to the exterior of your home by freezing, heaving caused by frost, or a snow slide.
  • Damage caused by wear and tear, rust, corrosion or gradual deterioration.
  • Damage caused by a landslide and other ground movements such as earthquakes.
  • Intentional or criminal acts committed by you.

Optional Coverage is Available

If there is a particular situation or peril that concerns you, ask your insurance expert about coverage options for it, known as endorsements. To protect your home against generally excluded perils, such as earthquakes and floods, you may be able to purchase optional coverage. There’s no harm in asking for a quote to add an endorsement to your homeowners policy and then decide if it is worth it or not.

Homeowner’s Insurance Advice

To be sure what coverage and exclusions are in your homeowner’s insurance, feel free to ask the insurance experts at Mitchell & Whale about your policy. Give us a call at 1-800-731-2228 or email us at info@mitchellwhale.com; we’d be happy to talk with you.

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