Is it Covered?

10/29/2019 (Permalink)

Review Your Homeowners Insurance Before Disaster Strikes

Most of us feel comfortable in the knowledge that we have an insurance policy that will cover major disasters like a fire or water damage.  Not all disasters, however, are created equal in the eyes of your insurance company. It is a good idea to check with your agent about what is and isn’t covered.  You may want to consider purchasing additional coverage.

 Although most standard homeowners policies provide coverage for water damage resulting from broken pipes, the policy usually does not cover flood damage from storm surges during hurricanes, overflowing rivers, and sewer backups. Consider purchasing a sewer backup supplement to your homeowners policy before you experience the impact sewage backup can cause to your property. Flood insurance is a separate policy that your provider can purchase through the NFIP (National Flood Insurance Program).

When was the last time you reviewed your homeowners insurance policy?