As a homeowner, it is imperative that you understand what is covered, or more imporantly — what’s NOT covered.
Not all policies are created equal
There are many different options with home insurance, so it is important to first know what is included in a standard home insurance policy. Simply because you have a policy does not mean you have obtained proper protection, and sadly most people only come to realize this when it is most important — when you need to file a claim.
For example: One common exclusion in standard home insurance policies is damage caused by water back-up of sewers and drains. However most insurers provide the option to add the coverage back for a nominal cost. I include this coverage on every single proposal I deliver. If the client opts to decline and sign off on this coverage it is because they have made the decision to remove the coverage — not because I made the decision for them in an effort to be the cheapest.
I never want to find myself on the phone with an angry client standing in two inches of their own crap, wondering why in the hell I wouldn’t have told them about this inexpensive coverage in the first place. That would be, well…crappy.
If you live in Indiana and would like to discuss your insurance with me Click Here.
- What’s Covered in a Home Insurance Policy?
- Most unusual home insurance claims
- Five insurance mistakes to avoid