Things Home Insurance Doesn’t Cover

Everyone knows that home insurance policies will differ from company to company and state to state. However, many people may not read their policy because they assume that their policy covers How To Create Storage Space In A Small House anything and everything. This may not be the case, especially depending on the location. Here are something’s that may surprise you about what your homeowner’s insurance doesn’t cover.
First off, most policies don’t cover damages caused by floods. Of course, for many people this isn’t too much of a surprise. You must purchase a separate policy that is specifically for flood related issues. Some people choose to get this particular coverage through the same company as their homeowner’s, but if you want you can look elsewhere. The monthly rate you may pay for this might be determined by where you live in association to the flood zones of that area. People that are closer into a flood zone have a higher risk of damages caused by flooding, so their monthly rate may be higher.
Some policies also state that damages caused by frozen water are not covered. Many companies require that you purchase a separate insurance policy if this is a possible issue. Other companies may have stipulations in their contracts saying that if you didn’t take the proper precautions from freezing temperatures, then your claim will be denied. Be sure you have either thoroughly read through your particular policy or have contact your insurance agent to be sure.
Mold is another problem that some companies will require you to purchase an extra policy for. Mold can be caused by several different events, like your house not being sealed properly allowing moisture to enter into your home. It can also occur from leaky pipes, or a flood. Since mold has become more and more popular, some companies choose not to cover it unless you purchase additional coverage.
One of the more extreme things that may not be covered by your policy is war or nuclear war. This means if your home is damaged from any type of war or militia tactics, then you cannot file a claim. Finding an insurance company that does cover this may prove to be a little difficult. However, if a celebrity can take out an insurance policy on a leg or eye, then surely someone might allow damages cause by different war efforts.
Perhaps you found the perfect place to build your abode, but didn’t realize that the land underneath is actually a big sink hole. Well, if that sink hole eventually swallows up your home like it did in ‘The Simpson’s Movie’ you probably Ultra Modern Bedroom Designs won’t be able to claim it with your insurance company. Most policies don’t cover the ground or land that your home is built on, so unstable earth like sand, loose dirt or gravel, or even a mountain side, may not be the best idea.
There are a lot of things that may surprise you when it comes to what is and is not covered under your policy. If you have any doubts or questions, talk to your provider, advisor, or a trusted lawyer to see if they can explain the different regulations within your policy. Also, you always have the option of buying a second policy that covers specific instances like flood insurance. You can get quotes for your area online with just a few simple clicks.

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