6 weird things your homeowner's insurance might cover
Updated: Feb 14
2. Animal StampedeAn animal stampede might seem extremely far-fetched for some people, but it's a probably a risk for more homeowners than you think. Imagine what a herd of deer might do to your landscaping and fencing.Homeowners Insurance typically covers damage caused by animals that are considered wild. So if you live next to an alpaca farm and a few of them eat all of the flowers in your backyard, you’ll need to seek compensation from the farmer rather than your insurance company.
3. Dorm theft According to the Insurance Information Institute, most personal possessions in an on-campus dorm room are covered under a parent’s homeowner’s insurance policy. Some policies limit dorm room coverage to ten percent of the policy’s total for personal property. Also, most insurance providers have an age limit, usually 25 or 26 for the student involved. It’s important to know that a homeowner’s insurance policy doesn’t provide coverage for students in off-campus housing. Separate renters insurance needs to be purchased to cover that student’s belongings.
4. Food SpoilageThe food in your fridge may not your first concern when a big storm’s wind or lightning knocks the power out, but getting it replaced is a nice perk in many home insurance policies. According to one expert, people often don’t report food spoilage because the limits (usually $500) are lower than the deductibles. So, why pay $500 to collect $500 in damages? When the covered weather event that caused the blackout also causes damage to your home, it makes sense to include the spoiled food as part of a larger claim. So in addition to replacing windows or cleaning out a water damaged basement, you might as well replace those pizzas you had in the freezer too. 5. DefamationNastiness between neighbors may start as unkind words hurled over the fence, but it can easily escalate into accusations and civil suits. If your client is accused of defamation or slander, some home insurance policies may cover their defense. Some policies may exclude coverage if a libel suit is related to business pursuits—that would be something covered by a business policy.
6. Falling objects
Here’s a scenario for you, You’re in your kitchen on a sunny Wednesday afternoon when you suddenly hear a loud crash. When you check the exterior of the house, you notice a large hole in the roof. You discover a moist, smelly mess in your attic. Since it was a nice day outside, the damage was definitely not related to weather. Eventually you discover the falling object that caused the damage was likely from a passing airplane.
The Federal Aviation Administration says these so-called “blue ice events” happen a few times every year, and should be reported to the FAA for investigation. Luckily, damage from blue ice (and other falling objects like meteorites) is usually covered under the “open perils” section of your homeowners policy.
Get started on a homeowner's insurance policy quote for yourself today because you can never know what’s coming your way so you might as well be prepared for it.
AZ Insurance Team 480-535-5709 https://www.azinsuranceteam.com/contact
*All home insurance policies are a little different and this may not be applicable to your home insurance policy, talk to your agent to see what your home policy covers.