Home insurance provides a real feeling of security, and it does cover many of the things that might cause you problems. However, like most insurance, it does have exclusions. Knowing what those exclusions are is vital so you don’t get a nasty surprise when you file a claim. At Kalare Tech in New Windsor, NY, we are independent insurance agents, and our responsibility is to our clients, not to the insurance companies.
Coverage
Your home insurance is divided into four main parts. It covers hazards that can damage your home, content, liability, and where you will stay if your home is damaged. The coverage includes:
- Theft
- Fire
- Some weather events
- Loss of use
- Content with limits
- Liability
There are limits on this coverage. Your jewelry, art, antiques, and electronics are also limited. You can increase your coverage by endorsing your policy to bring it up to the level you require.
Home insurance doesn’t cover:
- Earth movement- This includes earthquakes, mudslides, landslides, and sinkholes.
- Floods– When water comes from a land source, such as a river, lake, or ocean, the flooding to your home isn’t covered.
- Owner neglect covers many different things- If you get termites, the problem is yours since you should get termite treatment if you live in an area where you are in danger. If your roof is old and leaks and causes damage to your house, this is not covered since the insurance expects you to maintain your home and replace a worn roof. Mold is another damage that is often considered owner neglect since it often results from a water leak behind the walls.
Contact our office at Kalare Tech in New Windsor, NY, to discuss your current and future home insurance needs.
