What Is Covered And Not Covered By Home Insurance?

Purchasing a new home is one of life’s significant decision-making moments. It’s probably your most substantial investment, so it’s crucial to ensure that it’s fully protected and properly covered. In this blog post, we’ll explore what standard homeowners insurance covers and what it doesn’t.

What doesn’t Home Insurance Cover?

A typical home insurance policy provides coverage for various elements, including:

  • Your home’s structure: If your home is damaged or destroyed by a storm, fire, or other unplanned events, your home insurance likely steps in to cover it. Structures on your property, such as a garage, tool shed, and gazebo, are usually covered too.
  • Personal belongings: Your home insurance should also cover your personal items, such as furniture, clothing, electronics, and other possessions. Additional endorsements may be necessary for valuable items.
  • Liability coverage: Your homeowners’ policy also shields you against lawsuits associated with property damage or bodily injury that you, as the policyholder, cause to others.

What Coverage Doesn’t  HomeInsurance Provide?

Please note that your home insurance policy will probably not cover certain things. Here are a few you should be aware of:

  • Business assets and equipment
  • Valuable and antique items, unless added to your policy via a special endorsement
  • Identity theft, though some home insurance policies do cover this, it’s not essential
  • Damage resulting from floods typically requires a separate policy

Before purchasing home insurance, inquire about what your policy will and will not cover. Remember, coverage can depend on several factors, including your location, home type, and more.

If you’re looking for comprehensive home insurance in Deerfield Beach, FL, don’t hesitate to contact Deboo Insurance Agency Inc. Our professionals are ready to assist clients in Deerfield Beach, FL, and other nearby towns in Florida. Give us a call today so we can get your home covered tomorrow.