Understanding a Homeowners insurance policy and acting on next steps is so important based on where you are on that journey. A standard homeowners insurance policy provides essential protections, but it doesn’t cover everything. Understanding any exclusions is critical so you can decide if you need additional coverage for certain risks. In this post, we will cover single family residence coverages and not other property types such as commercial properties.
- What's NOT Covered On a Standard Homeowners Insurance Policy?
- What's Covered On a Standard Homeowners Insurance Policy?
What's NOT Covered On a Standard Homeowners Insurance Policy?
Note: Included What's Covered as well but important to understand What's NOT covered.
| *What’s NOT Covered (Exclusions) | |
|---|---|
| Natural Disasters | |
| Flood Damage | No |
| Earthquake | No |
| Ground Movement such as landslides, mudslides, sinkholes | No |
| Maintenance Issues | No |
| General Wear and Tear | No |
| Sewer Backup and Water Damage from External Sources | No |
| Mold, Fungi, and Rot | No |
| Damage from Termites, Pests, and Rodents | No |
| Property Inside house | |
| High-Value Personal Property | No |
| Intentional Damage | No |
| Luxury Amenities or Structures | No |
| Identity Theft | No |
| Other Common Exclusions | |
| Power Failure | No |
| War and Nuclear Hazard | No |
| Acts of Government or Ordinance | No |
| Liability for Certain Dog Breeds | No |
| Pets | No |
| Additional Exclusions | |
| Business-Related Claims | No |
| What’s Covered (Exclusions) | *What’s Covered |
| Dwelling Coverage (Coverage A) | |
| Roof | Yes |
| Walls | Yes |
| Pipes | Yes |
| Cabinets | Yes |
| Flooring | Yes |
| Doors & Windows | Yes |
| Structure’s other items such as platforms | Yes |
| Appliances | Yes |
| Other Structures (Coverage B) | |
| Detached Garages | Yes |
| Sheds | Yes |
| Guest houses | Yes |
| Fences | Yes |
| Personal Property (Coverage C) | |
| Furniture | Yes |
| Electronics | Yes |
| Clothing | Yes |
| Liability Protection (Coverage E) | |
| Family members | Yes |
| Guests | Yes |
| Medical Payments to Others (Coverage F) | |
| Injuries related medical treatments | Yes |
| Additional Living Expenses (ALE) or Loss of Use (Coverage D) | |
| Hotel bills, restaurant meals, laundry services, and other expenses | Yes |
| Additional Endorsements Required | |
| High-Value Items | Yes |
| Sewer or Water Backup | Yes |
| Home-Based Business | Yes |
| Identity Theft | Yes |
| Additional Types of Homeowners Insurance Policies (HO-2, HO-3, HO-5) | |
| HO-3 | Yes |
| HO-2 | Yes |
| HO-5 | Yes |
| *What’s NOT Covered (Exclusions) | Limitations apply |
| *What's Covered | Limitations apply |
*What’s Covered Triggers: Fire, Smoke, Windstorms, Hail, Lightning, Property Theft, Vandalism, Internal water damage, Falling objects, Weight of Ice/Snow/Sleet, Liability protections.
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Understand current or new Homeowners Insurance policy options, use the checklist to mark the coverage and consult an agent to get the right coverage. And, get the clarity on your Homeowners Insurance coverage and be ready with the allowed claims when it comes to such situations.
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Based on the location with various natural disasters and insurance company, the policy needs to be evaluated by working with an agent.
Start Your Homeowners Insurance Journey Here
Homeowners Insurance Index
Start here on Homeowners insurance journey. List of Homeowners insurance policy posts: 1. What’s NOT Covered On a Standard Homeowners Insurance Policy? 2. Understand Homeowners insurance life cycle 3. Understand Additional Types of Homeowners Insurance Policies 4. What is involved in a homeowner’s insurance policy? 5. Homeowners Insurance Policy Checklist
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