Your current home insurance policy might not cover everything
November 25, 2014
Most homeowners, especially new homeowners, purchase home insurance policies they feel covers their needs and then don't think more about their coverage unless something goes wrong. But what happens if something goes wrong you didn't plan on, or you aren't covered for? To many homeowners' surprise, not everything is covered by a standard home insurance policy.
The following items are commonly assumed to be included in policies but rarely are. Check the list below, and take a look at your policy as well. You don't want to be caught off guard when you need the coverage.
Some of these situations might seem unrealistic, but it never hurts to understand what you are covered against. Just because flooding isn't common in your home doesn't mean it won't happen. Cover your basis, compare home insurance quotes and have a home insurance policy in place that will protect you when you really need it. After all, that is the point.