Hidden Home Insurance Exclusions: What You’re Probably Not Covered For

Home insurance, sometimes called hazard insurance by mortgage companies, is vital if you own your own home.  Homeowner’s insurance protects your dwelling itself, the possessions inside your dwelling, and even the other structures on your property, like sheds or fences.  But it doesn’t protect you from everything.  So, if home insurance covers so many things, what does home insurance not cover?

Well, there are quite a few things that home insurance doesn’t cover.

• Earthquakes – Earthquakes are excluded from standard homeowner’s policies.  That would fall under earthquake insurance, and entirely separate type of insurance.

• Floods - Home insurance does not cover floods. That would fall under flood insurance, an entirely separate type of insurance.

• Regular Wear and Tear - Wear and tear happens naturally, and home insurance may not help to repair damage caused by wear and tear, such as a roof developing a leak because the sun rotted away some of the shingles.

• Lack of Maintenance - It is the property owner’s responsibility to replace things in a timely manner if they are no longer suitable. If you fail to maintain the plumbing, a leak occurs and goes unrepaired for months.

• Termites – An infestation of termites, and the damage they cause, is often not covered by home insurance, as preventing them is considered a part of routine maintenance.  If they chew through any wires and start a fire, however, that might be covered, since fire is considered a covered peril.
  

If you’re not sure what your home insurance covers, remember that you can always check your policy.  If you would like to talk more about your home insurance policy, give AZ Insurance Team a call.  As an Arizona-based insurance broker, we can find you the best policy for your budgets and needs.  You can give us a call at 480.535.5709 or request a quote.

You can get a home insurance quote here.

Disclaimer: Coverage will vary based on state, insurance company, and type of policy