With Halloween upon us, we wanted to share some spooky items that may not be covered by your home insurance policy.
- Earth movement or earth settlement is an item that is not covered by your home insurance policy. It is specifically excluded from every home insurance policy I have ever read. A separate earthquake insurance policy could help protect you in the event of an earthquake. Landslide or mudslide coverage could possibly be acquired as well, only after a geological report has been performed. But even then, there are no guarantees if they will offer landslide coverage.
- Termite damage is not covered by your home insurance policy. It is considered wear and tear, which is why it is not covered.
- Service/sewer line coverage outside the footprint of your home is typically not included. However, some insurance companies now offer it.
- Slow leaks are also not covered by your home insurance. Please keep in mind, insurance should cover sudden and accidental damage, not items that happen over a long period of time.
- There is zero coverage for your car in your home insurance policy, whether it is parked inside your garage or in your driveway. Even if your home caught fire and your car went up in flames, your car insurance would provide coverage for your car. However, if your car was broken into and you had personal property stolen, your home insurance would be the correct place you could file a claim. There is usually zero coverage for personal property included in your auto policy.
We hope you stay safe this Halloween. If you have any questions about your coverage, please call us. We're happy to talk through any scenarios with you.
