Calamities Basic Homeowners’ Insurance May Not Cover

Calamities Basic Homeowners’ Insurance May Not Cover

Life can be full of surprises. Some, like a birthday party with friends or finding a $20 bill in an old pair of jeans can be pleasant. Others, like discovering your homeowners’ insurance policy doesn’t cover your claim, can be rather unpleasant. The fact is, there are certain events that can cause damage to your home that your homeowners’ insurance policy may or may not cover. If you don’t know ahead of time it could lead to an unpleasant, and more importantly, an unpleasantly expensive, surprise.

What are the calamities that may or may not be covered under basic homeowners’ insurance policies?

Flooding. Flooding is not automatically covered under a homeowners’ insurance policy. Flood insurance can be written through a government-sponsored insurance plan (FEMA) that can be administrated by certain insurance companies or one can secure private flood insurance as an alternative to FEMA. The point is unless it is secured separately, you do not have flood insurance. Even when it is secured, be sure to go over the coverage with your independent agent to understand what is and isn’t covered under your flood insurance.

Earthquakes. Unless coverage is secured under a separate policy, a standard homeowners’ insurance policy will not cover damage from an earthquake. The exception could be damage from a fire that results because of an earthquake.

Sinkholes. A sinkhole occurs as the result of the earth settling in underground. When it occurs below a structure, damage can be significant. A sink-hole, like an earthquake, is considered an earth movement hazard and is not covered under basic homeowners’ insurance policies. Your independent insurance agent can direct you to coverage to protect your home from sinkhole damage as an addendum or as a separate policy.

Tsunamis. Most homeowners’ insurance policies will not cover damage from a tsunami unless separate flood insurance is secured.

Wildfires. Typically, damage to a home from fire, including wildfires will be covered under most basic homeowners’ insurance policies. This, however, may vary according to geographic region. If wildfires are a concern, check with your insurance agent to verify your coverage.

Terrorism. Unless your policy specifically excludes terrorism, damage from such acts would generally be covered under most homeowners’ insurance policies. This would frequently include damage from an explosion, fire and/or smoke. 

Meteorites. Talk about an unpleasant surprise. The good news is most homeowners’ insurance policies cover falling debris like meteorites, asteroids, satellites and even airplane parts. Your property and contents are likely covered in such an unfortunate event.

If you ever asked yourself “I wonder if I’m covered for…?” we can get you the answer. Contact us for a no-cost, no-obligation homeowners’ insurance review. We may not only be able to shed some light on your coverage but may also be able to help you improve your coverage at an affordable price. Connect with us and avoid at least one unpleasant surprise.


Do you have questions about your insurance? Find an insurance agent near you with our Agent Finder

Buzz Your
Insurance Agent

Search for a local agent with our agent finder map.

Agent Finder

Search All Blogs

Search
Generic filters
Exact matches only
Search in title
Search in content
Search in excerpt

Buzz Your
Insurance Agent

Search for a local agent with our agent finder map.

Agent Finder

Want to learn more about our blog writer?

Read more about KayLynn's background.

Click Here

Search All Blogs

Search
Generic filters
Exact matches only
Search in title
Search in content
Search in excerpt

Lavender: An Essential Oil for Your Home

Lavender is a Great Smelling, Natural Essential Oil with Many Benefits.

The Value of Business Interruption Insurance

What Would You Do if a Calamity Closed Your Business?

Life Insurance and Suicide

Suicide is Difficult to Discuss, Especially when Life Insurance is Involved

Why Credit Scores Impact Auto Insurance Rates

Many Factors Impact Insurance Rates, Including Your Credit Score

Renters Insurance and College

Make Sure Your Student’s Possessions Are Protected When Heading Off to College

9 Things You May Not Know about Thomas Edison

Some Interesting Tidbits About America’s Greatest Inventor

Should a Stay-at-Home Spouse Carry Life Insurance?

The Importance of Life Insurance on a Stay-at-Home Spouse

Who Covers You When Renting a Car?

You May Have More Coverage Than You Know!

Homeowners’ Liability Insurance: Who Would Sue You?

You May be Surprised at Who Would Sue You in a Pinch

Poorly Reviewed Movies That Became Classics

When Good Movies Get Bad Reviews

Leave a Comment